919-740-9309
312 S Miami Blvd, Durham, NC for Sale
Warehouse - FOR SALE
1/11
null | Request Cap Rate

Jan '26


312 S Miami Blvd
Durham, NC 27703
Bethesda


HIGHLIGHTS

  • Total of 9 acres of which the existing building is situated on 3 acres (surveyed via two separate parcels)
  • Substantial IOS/Industrial Outside Storage, laydown, excess parking, etc.
  • Flexibility for selling excess 6 acres if desired
  • Premiere Durham proximity located just off HWY 70 Interchange, Durham - 147, and all points throughout Greater Triangle Region
  • Exposure/Visibility from HWY 70
  • Open to long-term leaseback on existing building (3 - acre parcel) OR can vacate; IF vacating, most likely need 12+ months leaseback for relocating

OVERVIEW

This 25,668 SF flex/warehouse building, situated on a total of 9 acres with approximately 3 acres occupied by the existing structure, offers a rare investment or owner-user opportunity in a premier Durham location just off the HWY 70 Interchange and Durham–147. The masonry-constructed facility, built in 1965, features a dry sprinkler system, one dock-high door, and two 12’ W x 15’ H drive-in doors. The original roof remains, with recent replacement estimates ranging between $200,000 and $300,000. The property includes 20 existing striped parking spaces and excess rear acreage for additional parking if needed. Zoned IL, the remaining 6 acres offer preliminary conceptuals for an additional 35,000–45,000 SF of building square footage, which could accommodate a single large structure or multiple freestanding buildings. This excess land may also support IOS (Industrial Outside Storage), laydown areas, or further development, with flexibility to sell separately if desired. Owned by a financially strong, locally based elevator contracting company with over 20 years in business, the current owner is open to a long-term leaseback of up to 10 years for investor buyers or a shorter leaseback (12–24 months) if relocating. Financials are available upon signing an NDA. The site provides excellent exposure and visibility from HWY 70 and is well-positioned for an industrial user seeking a quasi-retail footprint with valuable excess land. This listing presents a highly flexible and strategic “menu” of options—whether for investment, user occupancy, or future development. Pricing details available upon request. *Three Individual Panel Boxes consisting of 1) Three Phase, 600 Amp - 277/480 Volt, 1000 Amp - 120/208Volt, and 225 A - 120/208 Volt.*

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

9

LAND SF

392,040

ZONING

IL

APN/PARCEL ID

130554

ASK ABOUT THIS PROPERTY

Bryan EverettNC INDUSTRIAL PROPERTIES INC.More Info
919-740-9309

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Bryan EverettNC INDUSTRIAL PROPERTIES INC.More Info
919-740-9309

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