6501 & 6519 NC 55 HIGHWAY

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6501 & 6519 NC 55 HIGHWAY

Durham, NC 27519-6985
Asking Price
$1.72M
Asset Type
Commercial Land
Class
Class B

What's Special

Land <ul><li>​Prime location in Durham just north of the Wake County Line</li><li>​Adjacent to Research Triangle Park and directly across from UNC Health Systems 50-acre site within the Triangle 55 development</li><li>​Traffic counts on NC 55 Highway are 19,500 VPD</li><li>​6519 Nc 55 Highway : Zoning Il (Light Industrial)</li><li>​6501 Nc 55 Highway: Approximately 50% zoned CN (Neighborhood Commercial) and 50% RR (Rural Residential)</li></ul>

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NOI
$80,000
Cap Rate
4.66%
DSCR
0.78
Underwater
Cash-on-Cash
-4.26%
Monthly Payment
$8,497.253
Annual Cash Flow
$-21,967.035

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