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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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