Office Space
2224 North Carolina 54 Durham, NC 27713
Details & Description
Price: $12,250,000
    Paradigm Park is a 2 building, 151,464 RSF Class A office building portfolio. The buildings are located in the RTP - Durham submarket. Both buildings, the Alpha Building and Beta Building total approximately 75,732 RSF and are four floors each. The buildings sit on a 14.82-acre site zoned O&I-2. Built in 1989 with renovations to the Beta Building in 2018. Target buyer is an owner-occupant or investor.HighlightsTwo 4-story Class A buildings totaling 151,464 RSFLocated in the RTP - Durham submarketBuildings total ±75,732 RSF each14.82 acre siteZoned O&I-2Built in 1989 with renovations to the Beta Building in 2018Target buyer is an owner-occupant or investorAsking Price: $16,100,000
    Property ID:    190195
    Property URL: melqr.com/190195
    Generated:    04-27-24
    Listing Agents
    Jimmy Barnes

    O: 919-714-7123
    jbarnes@naicarolantic.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Office Space / North Carolina / Durham / 27713 / 2224 North Carolina 54

    2224 North Carolina 54

    Durham, NC 27713

    Listing ID: 190195
    Print Single-Page Version
    • 2224 North Carolina 54 Durham, NC 27713 | for Sale | Photo 1
    • 2224 North Carolina 54 Durham, NC 27713 | for Sale | Photo 2
    2224 North Carolina 54 | for Sale | Thumbnail 1
    2224 North Carolina 54 | for Sale | Thumbnail 2
    Building Size: 151,464 SF
    Lot Size: 14.820 AC
    Land Size: 645,559 SF
    Building $/SF: $80.88
    Land $/SF: $18.98
    Price
    $12,250,000
    Description

    Paradigm Park is a 2 building, 151,464 RSF Class A office building portfolio. The buildings are located in the RTP - Durham submarket. Both buildings, the Alpha Building and Beta Building total approximately 75,732 RSF and are four floors each. The buildings sit on a 14.82-acre site zoned O&I-2. Built in 1989 with renovations to the Beta Building in 2018. Target buyer is an owner-occupant or investor.

    Highlights

    Two 4-story Class A buildings totaling 151,464 RSF

    Located in the RTP - Durham submarket

    Buildings total ±75,732 RSF each

    14.82 acre site

    Zoned O&I-2

    Built in 1989 with renovations to the Beta Building in 2018

    Target buyer is an owner-occupant or investor

    Asking Price: $16,100,000

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Durham History of Office Space for Sale

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    Durham Area Market Trends

    Listing Demographics for 2224 North Carolina 54 Durham, NC 27713

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,77241,467114,311
    Population Median Age343636
    Population by Age0-9 Yrs661 (13%)5440 (13%)16190 (14%)
    10-19 Yrs418 (8%)4504 (10%)12401 (10%)
    20-29 Yrs1029 (21%)6289 (15%)16861 (14%)
    30-39 Yrs988 (20%)8487 (20%)22689 (19%)
    40-49 Yrs649 (13%)6113 (14%)16763 (14%)
    50-59 Yrs381 (7%)4461 (10%)12142 (10%)
    60-69 Yrs407 (8%)3898 (9%)10891 (9%)
    70+ Yrs240 (5%)2276 (5%)6374 (5%)
    Median HH Income$56,283$75,257$76,652
    Total Household Income< 24K448 (21%)2324 (13%)5895 (12%)
    25-49K488 (23%)3131 (17%)8878 (18%)
    50-74K353 (16%)3377 (19%)8697 (18%)
    75-99K374 (17%)2722 (15%)6954 (14%)
    100-199K382 (18%)4883 (27%)13136 (27%)
    200K+45 (2%)1283 (7%)4299 (8%)
    Highest Education LevelNo Diploma31017914369
    Diploma or GED42029968875
    Some College621462812416
    Assoc. Degree28922395183
    Bachelors Degree975990526823
    Higher Degree728791622081
    Total Housing Units2,17218,67151,176
    --Owner-Occupied6899,14725,381
    --Renter-Occupied1,4018,57222,478
    Owner-Occupied Values< 100K312181185
    100-199K26931147635
    200-299K36538298694
    300-399K1912304090
    400-499K04481868
    500K+53071908
    Total Working Age Population3,81633,06690,349
    In Work Force3,06525,60468,684
    Not In Work Force7517,46321,665
    Workforce Employed2,92524,46465,490
    Workforce Unemployed1401,0823,080
    Civlian Workforce3,06525,54668,570
    Military Workforce057114
    Total Households2,09017,71947,859
    Family Households92410,34428,803
    Non-Family Households1,1667,37419,056
    Married Couple5197,47920,854
    Other Family4052,8667,949
    Married w/Child2073,1209,643
    Single Male w/Child604751,047
    Single Female w/Child2171,3663,602

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    North Carolina8,049,313+189,535,483+1210,647,005+1111,847,719
    Chatham County49,329+2963,505+2378,040+2395,788
    Wake County627,846+44900,993+241,119,165+211,351,791
    Durham County223,314+20267,587+20320,933+14367,357

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2224 North Carolina 54 in Durham?
    The asking price for 2224 North Carolina 54 is $12,250,000
    What is the building size of this Office property in Durham, NC?
    The size of the building/unit at 2224 North Carolina 54 in Durham is 151,464 square feet
    How much land does the Durham, NC property at 2224 North Carolina 54 include?
    2224 North Carolina 54 in Durham includes 14.820 acres of land
    What kind of Office is the propery at 2224 North Carolina 54?
    The property at 2224 North Carolina 54 Durham, NC 27713 is listed as a Professional Office property
    What is the population within 1 mile of 2224 North Carolina 54 in Durham?
    The population within 1 mile of 2224 North Carolina 54 Durham, NC 27713 is 4,772 people.
    Who do I contact for questions about 2224 North Carolina 54?
    You should contact the listing agent, Jimmy Barnes, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Raleigh Durham International Airport (RDU) 6
    Piedmont Triad International Airport (GSO) 60
    Roanoke–Blacksburg Regional Airport (ROA) 115
    Price
    $12,250,000
    Listing Agent
    Jimmy Barnes - CRE Agent at

    Jimmy Barnes

    Independent Agent

    CONTACT AGENT

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