100 Parrish StDurham, NC 27701

  • Office properties
  • 2,031 SF
For Sale
$425,000 View listing

Property Details for 100 Parrish St

Year built
1984
Property size (Sq ft)
2,031 SF
Zone code
OI-1
Property type
Office properties
Property subtype
Other office properties
APN
102812
APU
102812

Description

This exceptional, fully furnished office suite, located at 100 E Parrish Street in the heart of Downtown Durham, North Carolina, presents a unique leasing opportunity. Boasting a prime location, this suite offers unparalleled views of the Durham cityscape, the Durham Performing Arts Center (DPAC), and One City Center. The suite's ideal layout and complete furnishing make it move-in ready for a variety of professional businesses. Imagine your firm operating from this prestigious address, benefiting from the energy and convenience of Durham's vibrant downtown core. The suite is perfectly suited for a law firm, insurance agency, accounting practice, or any other professional office seeking a sophisticated and efficient workspace. The annual lease rate is $19.00 per square foot, reflecting the exceptional quality and location of this property. The property sits on a 0.12-acre lot and is available for lease beginning July 1st. This is an unparalleled opportunity to establish your business in one of Durham's most desirable locations. Don't miss out on this chance to secure a prestigious and functional office space in the heart of Downtown Durham. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $485,692
    6.5%
    $448,331
    7%
    $416,307
  • Comparable approach

    Method
    Valuation
    Relative Method
    $466,196
    Geo Method
    $466,196
  • Alternative Use

    Use
    Valuation
    Residential
    $555,930
    Hospitality
    $509,229
    Educational
    $423,673
    Medical
    $438,243
    Retail
    $659,046
100 Parrish St, Durham, North Carolina

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.9953
Longitude
-78.9001
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
$3,648
-
$249,005
$249,005
-
-
$249,005
$249,005

FAQs

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