4350 Garrett RdDurham, NC 27707

For Sale
$1,400,000 View listing
  • Specialty properties
  • 9,738 SF

Property Details for 4350 Garrett Rd

Year built
1998
Lot size
20.12 AC
Property size (Sq ft)
9,738 SF
Zone code
CG(D),RR(D),RS-20(D)
Property type
Specialty properties
APN
140087
APU
140087

Description

This ±2.82-acre commercial lot presents a rare infill opportunity in Durham, North Carolina. Located at 4350 Garrett Road, this property boasts exceptional access to the 15-501 corridor, placing it between Durham and Chapel Hill. The site is conveniently situated near the intersection with Durham-Chapel Hill Boulevard, providing high visibility and easy access for businesses. The property is zoned Commercial General (D), offering flexibility for a variety of commercial developments. Its adjacency to Go Dog Day Care & Boarding further enhances its appeal. The location offers convenient access to major transportation arteries, including proximity to I-40 (approximately 1.5 miles) and I-85 (approximately 5 miles) via the 15-501 corridor. Downtown Durham is approximately 5 miles away, and Chapel Hill is approximately 2 miles away. The asking price for this exceptional property is $1,400,000. The property's APN is 140087. This is a truly unique opportunity to acquire a strategically located commercial parcel in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,304,552
    Hospitality
    $2,110,958
    Educational
    $1,756,292
    Medical
    $1,816,693
    Retail
    $2,732,010
4350 Garrett Rd, Durham, North Carolina

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.9551
Longitude
-78.9752
CBSA code
20500
CBSA name
DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$28,972
$673,330
$1,403,661
$2,076,991
-
$673,330
$1,403,661
$2,076,991

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