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1307 W Woodcroft Pky 3,920 SF Office Building Durham, NC 27713 $1,500,000 ($382.65/SF)
Investment Highlights
- New 7-year lease term in place with a longstanding daycare tenant
- Siding, windows, exterior doors, and gutters (with gutter guards) were all replaced in June 2024
- Currently zoned RS-M with a minor special use permit in place - long-term plans indicate a transition to Commercial Neighborhood (CN) zoning
- Both AC units were replaced in recent years - one ±3 years ago and the other ±6 years ago
Executive Summary
This fully leased, ±3,920 SF daycare investment property features a longstanding tenant that consistently operates at full capacity and maintains an active waitlist, demonstrating strong and sustained demand.
Situated within the Woodcroft Master Association in the heart of South Durham’s Woodcroft/Hope Valley corridor, the highly walkable and accessible site benefits from a dense, affluent residential base, proximity to high-performing neighborhood retail, and convenient access to RTP, I-40, and the broader Triangle - while still offering a private, campus-like setting surrounded by mature woods.
Situated within the Woodcroft Master Association in the heart of South Durham’s Woodcroft/Hope Valley corridor, the highly walkable and accessible site benefits from a dense, affluent residential base, proximity to high-performing neighborhood retail, and convenient access to RTP, I-40, and the broader Triangle - while still offering a private, campus-like setting surrounded by mature woods.
Property Facts
Sale Type
Investment
Property Type
Building Size
3,920 SF
Building Class
B
Year Built
1987
Price
$1,500,000
Price Per SF
$382.65
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,920 SF
Building FAR
0.06
Lot Size
1.54 AC
Zoning
RS-M
Parking
14 Spaces (3.57 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 135690 | Improvements Assessment | $390,774 |
| Land Assessment | $385,000 | Total Assessment | $775,774 |
Property Taxes
Parcel Number
135690
Land Assessment
$385,000
Improvements Assessment
$390,774
Total Assessment
$775,774
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1307 W Woodcroft Pky
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