2310 Miami BlvdDurham, NC 27703

Property Details for 2310 Miami Blvd

Year built

1999

Lot size

3.71 AC

Property size (Sq ft)

50,556 SF

Zone code

OI(D)

Property type

Office buildings

APN

163572

APU

163572

Description

This exceptional executive office center, located at 2310 S Miami Blvd in Durham, North Carolina, offers 4,642 square feet of immediately available space. The property is situated in Durham County, zip code 27703, and provides flexible leasing options for businesses seeking high-quality office accommodations. Multiple tenancy is available, with suites ranging from a minimum of 868 square feet to a maximum contiguous space of 1,764 square feet. The entire 4,642 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites, perfectly suited for businesses requiring executive-level office space. The building's prime location in Durham offers easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a convenient and prestigious address. The property is classified as an office building with an executive office subtype. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a desirable Durham location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,483,800

  6.5%

  $10,600,400

  7%

  $9,843,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,604,600

  Geo Method

  $11,604,600

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $22,257,500

  Retail / Commercial

  $11,141,900

  Mixed-Use / Specialty

  $10,888,100

  Hospitality / Lodging

  $7,709,540

  Institutional / Educational

  $11,242,700

  Residential Income

  $13,154,000

  Multifamily

  $16,962,900

  Automotive / Energy

  $9,636,610

  Parking / Income-Based Land

  $3,536,970

  Restaurant / Food Service

  $5,206,120

  Healthcare / Senior Housing

  $11,385,000

Location Insight

City

Durham

County

Durham

State

North Carolina

Latitude

35.9371

Longitude

-78.8427

CBSA code

20500

CBSA name

DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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