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315 Southerland St 5,042 SF Office Building Durham, NC 27703 $995,000 ($197.34/SF)
Executive Summary
315 Southerland Road | Durham, NC
For Sale or Lease | Commercial Opportunity
Positioned in a growing corridor of Durham, 315 Southerland Road offers a versatile commercial opportunity ideal for investors, owner-users, or service-based businesses seeking accessibility, visibility, and long-term upside.
Property Highlights:
-Flexible commercial layout suitable for office, retail, or light industrial use
-Strong access to major thoroughfares and surrounding residential density
-Ample on-site parking for staff and customers
-Functional floor plan allowing for multiple configurations
-Ideal for owner-occupant or investment hold
Location Overview:
Located in an established pocket of Durham, the property benefits from proximity to key demand drivers including residential neighborhoods, retail corridors, and employment centers. Convenient connectivity to major routes provides easy access throughout the Triangle region.
Investment Potential:
Durham continues to experience sustained population and economic growth, making this an attractive opportunity for both immediate use and long-term appreciation. The property’s flexibility supports a variety of tenant types, enhancing leasing stability and exit optionality.
For Sale or Lease | Commercial Opportunity
Positioned in a growing corridor of Durham, 315 Southerland Road offers a versatile commercial opportunity ideal for investors, owner-users, or service-based businesses seeking accessibility, visibility, and long-term upside.
Property Highlights:
-Flexible commercial layout suitable for office, retail, or light industrial use
-Strong access to major thoroughfares and surrounding residential density
-Ample on-site parking for staff and customers
-Functional floor plan allowing for multiple configurations
-Ideal for owner-occupant or investment hold
Location Overview:
Located in an established pocket of Durham, the property benefits from proximity to key demand drivers including residential neighborhoods, retail corridors, and employment centers. Convenient connectivity to major routes provides easy access throughout the Triangle region.
Investment Potential:
Durham continues to experience sustained population and economic growth, making this an attractive opportunity for both immediate use and long-term appreciation. The property’s flexibility supports a variety of tenant types, enhancing leasing stability and exit optionality.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,042 SF
Building Class
C
Year Built
1975
Price
$995,000
Price Per SF
$197.34
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,521 SF
Building FAR
0.05
Lot Size
2.24 AC
Zoning
LI - Light Industrial
Parking
54 Spaces (10.71 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Well located property in Durham. The building is currently being used as an office and has a number of potential uses based on its Light Industrial zoning. The building would be a great fit for a contractor looking for office, storage and in need of parking. 5 year lease term NNN. Please schedule property tours with Elizabeth Ancona.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,042 SF | Flex | - | Jul 2026 |
1st Floor
| Size |
| 5,042 SF |
| Space Use |
| Flex |
| Build-Out |
| - |
| Available |
| Jul 2026 |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 5,042 SF |
| Space Use | Flex |
| Build-Out | - |
| Available | Jul 2026 |
Well located property in Durham. The building is currently being used as an office and has a number of potential uses based on its Light Industrial zoning. The building would be a great fit for a contractor looking for office, storage and in need of parking. 5 year lease term NNN. Please schedule property tours with Elizabeth Ancona.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 159524 | Improvements Assessment | $365,142 |
| Land Assessment | $314,000 | Total Assessment | $679,142 |
Property Taxes
Parcel Number
159524
Land Assessment
$314,000
Improvements Assessment
$365,142
Total Assessment
$679,142
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
