4020 Roxboro StDurham, NC 27704

For Sale
  • Commercial real estate
  • 41,828 SF

Property Details for 4020 Roxboro St

Year built
1984
Lot size
3.35 AC
Property size (Sq ft)
41,828 SF
Zone code
OI
Property type
Commercial real estate
APN
172252
APU
172252

Description

This exceptional Class A medical office building, located at 4020 N Roxboro St in Durham, NC, offers a unique opportunity for medical professionals seeking flexible and modern space. Built in 1986 and extensively renovated in 2024, the property boasts 41,558 square feet across two stories, featuring three total suites. The building is conveniently situated in the North Durham submarket of Durham County, with easy access to major transportation routes. Currently, 8,217 square feet of space is available for lease, offering a range of options to suit various practice sizes. Individual suites range from a minimum of 2,142 square feet to a maximum contiguous space of 3,874 square feet, making it ideal for both established practices and expanding businesses. The building is equipped with elevators for convenient access to all floors. This second-generation medical space is ready for immediate occupancy and offers a turnkey solution for healthcare providers seeking a prime location in a thriving community. The property's modern design and recent renovations ensure a comfortable and efficient work environment. The building's multiple tenancy structure provides a diverse and collaborative atmosphere. The zip code is 27704. This is a rare opportunity to secure high-quality medical office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,156,436
    Hospitality
    $6,555,256
    Educational
    $5,453,896
    Medical
    $5,641,464
    Retail
    $8,483,839
4020 Roxboro St, Durham, North Carolina

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
36.0457
Longitude
-78.9015
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
$47,967
$870,800
$2,567,943
$3,438,743
-
$870,800
$2,567,943
$3,438,743

FAQs

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