1015 Ellis Rd - Light Manufacturing FOR SALE


Durham, NC 27703- Campus Hills
$1,385,000 USD
919-730-8719
1015 Ellis Rd, Durham, NC for Sale
$1,385,000 USD
Light Manufacturing - FOR SALE
1/8
null | Request Cap Rate

Aug '26


1015 Ellis Rd
Durham, NC 27703
Campus Hills


HIGHLIGHTS

  • Three-building industrial flex property totaling ±4,940 SF, including two warehouse/garage buildings and renovated office
  • Generous 0.74-acre site with a great building-to-land ratio - the substantial surplus yard space is fully fenced and well-suited for outdoor storage
  • Parking for 35+ vehicles — a meaningful operational asset for service and trades businesses
  • Industrial (I) zoning provides broad permissible use flexibility
  • Direct access to I-40, I-885, and the Durham Freeway means exceptional regional connectivity
  • Proximate to major distribution infrastructure including Amazon, UPS, and FedEx operations along the Durham Freeway

OVERVIEW

Positioned at the heart of one of the Triangle’s most dynamic growth corridors, 1015 Ellis Road offers a rare opportunity to own a versatile, income-producing industrial property in South Durham. The three-building property sits on 0.74 acres with Industrial zoning and encompasses four occupiable/leasable units totaling ±4,940 SF — purpose-built for the trades and service businesses that keep the Triangle running. Six garage bays, a converted office building, perimeter fencing, and parking for 35+ vehicles deliver the operational infrastructure that owner-occupants in the market are increasingly hard-pressed to find. Perhaps equally valuable is the property’s generous yard space — with a favorable building-to-land ratio, the fenced surplus acreage provides meaningful capacity for outdoor storage, equipment staging, fleet parking, or contractor laydown, a feature that carries as much operational weight as the buildings themselves for many service-sector buyers. All current leases are short-term, with the longest running through March 2027, offering an owner-occupant a clear path to occupancy while generating interim rental income. For a buyer who prefers a tenanted asset, three of the four current tenants have expressed interest in longer-term renewals — the sellers have simply deferred that conversation to preserve maximum flexibility for incoming ownership. Located minutes from RTP, RDU, I-40, and the Durham Freeway, and offered at $1,385,000, this is a well-located, low-maintenance platform for a growing business ready to plant its flag in one of North Carolina’s tightest and fastest-growing industrial sub-markets.

FOR SALE DETAILS

PRICE

$1,385,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1015 Ellis Rd.

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.74

LAND SF

32,234

ZONING

I-3

APN/PARCEL ID

156810

ASK ABOUT THIS PROPERTY

Brad WieseMaverick Partners Realty Services, IncMore Info
919-730-8719

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Brad WieseMaverick Partners Realty Services, IncMore Info
919-730-8719

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.