734 S. Miami Blvd

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734 S. Miami Blvd

Durham, NC 27703
Asking Price
$8.51M
Asset Type
Land
Class
Class B

What's Special

734 S. Miami Blvd is situated in a high-visibility corridor in Durham, North Carolina, positioned between the East Durham neighborhood and the Research Triangle Park area. The property offers direct frontage on a major transit artery, providing efficient access to Highway 70, NC-147, and Interstate 40. The surrounding environment is characterized by a mix of established industrial facilities, local commercial businesses, and residential communities. Nearby amenities include various retail centers and dining options, concentrated primarily along the nearby US-70 corridor. The property is suited for industrial, commercial, or logistical development, contingent upon local zoning compliance. Potential use cases include outdoor storage, vehicle fleet parking, or a small-scale light industrial facility. The location is ideal for tenants or owner-occupiers in the construction, logistics, or specialized trade sectors requiring central access to the Raleigh-Durham metropolitan area. Its proximity to major transportation hubs makes it a strategic point for businesses serving the Research Triangle Park and Downtown Durham markets.

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NOI
$80,000
Cap Rate
0.94%
DSCR
0.16
Underwater
Cash-on-Cash
-16.65%
Monthly Payment
$42,078.1
Annual Cash Flow
$-424,937.194

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