4296 Miami BlvdDurham, NC 27709

  • Commercial land
  • 2.14 AC
For Sale
$650,000 View listing

Property Details for 4296 Miami Blvd

Lot size
2.14 AC
Zone code
OI
Property type
Commercial land
APN
157757
APU
157757

Description

This exceptional 650,000 USD commercial land parcel presents a unique investment opportunity in the heart of the Research Triangle Park (RTP), Durham, North Carolina. Situated on the main thoroughfare of Miami Boulevard, this property enjoys unparalleled visibility and accessibility, placing it in close proximity to major employers like IBM. The property's zoning is designated as Commercial, allowing for a wide range of development possibilities. The address is 4296 S Miami Blvd, Durham, NC 27709, within Durham County. Its central location within RTP offers easy access to a highly skilled workforce, established infrastructure, and a thriving business community. This is a rare opportunity to acquire a strategically positioned land parcel in one of the Southeast's most dynamic and sought-after technology hubs. The property is being offered for sale by owner, providing a streamlined transaction process. The latitude and longitude coordinates are 35.90107951448807 and -78.85095555001392 respectively. This prime location makes it ideal for a variety of commercial or industrial uses, making it an attractive investment for both developers and businesses seeking a prominent presence in the Research Triangle Park. The property is available immediately.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,385,282
    Hospitality
    $19,588,804
    Educational
    $16,297,654
    Medical
    $16,858,156
    Retail
    $25,351,906

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.9009
Longitude
-78.8515
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
$6,132
$439,600
-
$439,600
-
$439,600
-
$439,600

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