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4104 S Miami Blvd
Durham, NC 27703
RTP Industrial Land · Land For Sale · 5.06 AC

Investment Highlights

  • ADJACENT TO RESEARCH TRIANGLE PARK (50,000 EMPLOYEES)
  • STRONG DEMOGRAPHICS – THE LOCAL POPULATION HAS INCREASED BY 5.1% SINCE 2010, AND THE AVERAGE HOUSEHOLD INCOME WITHIN A 3-MILE RADIUS IS $113K+
  • APPROXIMATELY 8 MINUTES TO RDU INTERNATIONAL AIRPORT
  • MAJOR RECENT ANNOUNCEMENTS IN THE RTP AREA INCLUDE ELI LILLY (460+ JOBS AND $474M INVESTMENT) AND CREDIT SUISSE (1,200+ JOBS)

Property Facts

Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Office
  • Contractor Storage Yard
  • Distribution
  • Research and Development
  • Self Storage
  • Warehouse
Total Lot Size 5.06 AC
Zoning IL - Light Industrial

Description

Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), is pleased to offer for sale a 5.06-acre entitled development opportunity adjacent to the renowned Research Triangle Park. This attractive location benefits from the synergies of Research Triangle Park while not being subject to the additional restrictions imposed by the Park. Previous site plans included approximately 25,000 SF of office space and stormwater on-site. The site has invaluable proximity to the major employment hub of Research Triangle Park (50,000+ employees) with exceptional demographics with an average household income of $113k+ within a 3-mile radius. This development opportunity is highly accessible to I-40 (2 minutes), Durham Freeway (4minutes) and I-540 (3 minutes) providing an easy commute from Downtown Durham (10 minutes) and Downtown Raleigh (20 minutes).

Property Taxes

Property Taxes

Parcel Number
157352
Land Assessment
$1,781,500
Improvements Assessment
$0
Total Assessment
$1,781,500
  • Listing ID: 20579497

  • Date on Market: 8/10/2020

  • Last Updated:

  • Address: 4104 S Miami Blvd, Durham, NC 27703

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