10612 Durham Rd - Flex FOR SALE


Timberlake, NC 27583
$434,900 USD
919-608-2760
10612 Durham Rd, Timberlake, NC for Sale
$434,900 USD
Flex - FOR SALE
1/42
null | Request Cap Rate

10612 Durham Rd
Timberlake, NC 27583


HIGHLIGHTS

  • Positioned directly on a major highway with strong daily traffic counts

OVERVIEW

Rare mixed-use opportunity on the US-501 corridor with exceptional visibility, flexible utility, and immediate occupancy potential. Situated on 2.77 acres, this fully renovated 4-bedroom, 2-bath property has been rebuilt down to the studs and offers a unique opportunity for an owner-occupant, live-work buyer, or small business seeking a high-exposure location with land, functionality, and room to grow. Positioned directly on a major highway with strong daily traffic counts and excellent road frontage, the property is ideally suited for a variety of uses including professional office, counseling or therapy practice, salon or spa, design or creative studio, boutique retail, contractor or trades headquarters, wellness business, or other service-based operations. Mixed-use zoning creates flexibility for both residential and commercial applications, making this a compelling option for investors, entrepreneurs, and business owners alike. Buyer to verify permitted uses for intended purpose. The main structure has been thoughtfully renovated with quality finishes and a polished, move-in-ready presentation that allows for immediate use with minimal additional investment. Interior features include an updated kitchen with quartz countertops, custom tile backsplash, upgraded cabinetry with soft-close doors and sliding shelves, a large center island, updated baths, hardwood flooring, and flexible room configurations that can function as offices, treatment rooms, consultation spaces, conference areas, or private suites depending on business needs. The site offers significant value beyond the building itself. The 2.77-acre parcel provides ample room for parking, storage, future expansion, outdoor client space, or operational flexibility that is difficult to find in this price range. Additional improvements include a wired external workshop measuring 13.1' x 12.2' with lean-to, a large secondary storage area, and a 16.11' x 12.10' screened porch plus fire pit patio area, which could support staff breaks, client gathering space, or simply add to the property’s overall versatility and appeal. A crawlspace encapsulation has already been paid for and is scheduled for completion at the end of May, providing additional value and infrastructure improvement for the next owner. This is not a cookie-cutter commercial offering. It is a rare, highly visible, mixed-use property that combines turnkey improvements, acreage, road frontage, and adaptable space in a way that can support both immediate operations and long-term upside. Ideal for buyers seeking a strategic location with character, land, and multiple paths to value.

FOR SALE DETAILS

PRICE

$434,900 USD

PRICE/SF

$282 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renovated Mixed-Use Property on US-501 | 2.77

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

2.77

LAND SF

120,661

ZONING

B-1

APN/PARCEL ID

A65-22

ASK ABOUT THIS PROPERTY

Doug YoppThe Oceanaire RealtyMore Info
919-608-2760

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Doug YoppThe Oceanaire RealtyMore Info
919-608-2760

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