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1015 Ellis Rd

4,939 SF Flex Building Durham, NC 27703 $1,400,000 ($283/SF)

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Investment Highlights

3 Phase Power.

Executive Summary

Discover an exceptional investment opportunity in the heart of South Durham's industrial corridor. This versatile flex property, spanning 4,939 square feet across three buildings, sits on a 0.74-acre lot. Renovated in 2021, the complex offers modern look while retaining its industrial functionality. Strategically located minutes from Research Triangle Park and RDU Airport, with easy access to I-40, I-885, and the Durham Freeway, this property offers great connectivity in the Triangle region. The site features a renovated house converted into office space. Two warehouse buildings garages, 6 bays, complete with lifts and a spray booth, making it an ideal turnkey solution for automotive businesses. However, its industrial zoning and flexible layout open doors to a variety of commercial applications. Security is ensured with perimeter fencing. Whether you're an auto service provider or a business seeking adaptable industrial space, this South Durham property presents a rare blend of location, functionality, and growth potential in a rapidly growing area of the Triangle.

1015 Ellis Marketing Flyer

Taxes & Operating Expenses (Actual - 2024) Click Here to Access	Annual	Annual Per SF
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$1,400,000	Rentable Building Area	4,939 SF
Price Per SF	$283	No. Stories	1
Sale Type	Owner User	Year Built/Renovated	1945/2021
Property Type	Flex	Parking Ratio	4.86/1,000 SF
Property Subtype	Flex General Retail Auto Dealership Industrial Service	Clear Ceiling Height	16 FT
Building Class	C	No. Drive In / Grade-Level Doors	6
Lot Size	0.74 AC	Cross Streets	Glover Rd

Price	$1,400,000
Price Per SF	$283
Sale Type	Owner User
Property Type	Flex
Property Subtype	Flex General Retail Auto Dealership Industrial Service
Building Class	C
Lot Size	0.74 AC
Rentable Building Area	4,939 SF
No. Stories	1
Year Built/Renovated	1945/2021
Parking Ratio	4.86/1,000 SF
Clear Ceiling Height	16 FT
No. Drive In / Grade-Level Doors	6
Cross Streets	Glover Rd

Amenities

Fenced Lot

Links

1 of 1

PROPERTY TAXES

Parcel Number	156810	Improvements Assessment	$131,536
Land Assessment	$73,800	Total Assessment	$205,336

PROPERTY TAXES

Parcel Number

156810

Land Assessment

$73,800

Improvements Assessment

$131,536

Total Assessment

$205,336

zoning

Zoning Code	I-3 (Permitted: all commercial parking, research and development, heavy industrial, all* IL uses including educational, government, medical facilities.)
I-3 (Permitted: all commercial parking, research and development, heavy industrial, all* IL uses including educational, government, medical facilities.)