Industrial Properties in Durham, North Carolina, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and growing population of around 280,000. As a hub for healthcare, pharmaceuticals, and education, Durham provides a diverse range of industries that drive demand for industrial spaces. Industrial Properties in Durham can represent a variety of investments, from warehouses and distribution centers to manufacturing facilities and research spaces. With its strategic location at the intersection of I-85 and I-40, Durham offers easy access to major transportation routes, making it an attractive location for businesses that require efficient logistics. The city's amenities, including the Raleigh-Durham International Airport, Duke University, and North Carolina Central University, also contribute to its appeal. Additionally, Durham's geography, with its flat topography and rolling hills, makes it an ideal location for industrial development.
Durham's Industrial Properties are part of a larger landscape of commercial real estate options, which also include 11 Warehouses, Land, Apartment Buildings, and Commercial Real Estate listings. Each of these property types offers unique benefits and opportunities for investors. For example, Warehouses in Durham provide ample space for storage and distribution, while Land listings offer opportunities for development and growth. Apartment Buildings, on the other hand, cater to the city's growing population of students, professionals, and families. Commercial Real Estate listings, including office spaces and retail centers, support the city's thriving business community. With its diverse range of industries and commercial properties, Durham is an attractive location for investors and businesses alike. The city's strong economy, combined with its rich history and cultural attractions, make it an ideal place to invest in Industrial Properties.
What is the average price per square foot for industrial properties in Durham?
The average price per square foot for industrial properties in Durham is $192 USD per square foot, with an average size of 62,208 square feet and a largest size of 532,000 square feet, among the 11 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Durham, with proximity to major highways, airports, and public transportation systems increasing property values and desirability.
- Industrial properties near major transportation hubs, such as the Raleigh-Durham International Airport and the Durham Transit Station, tend to have higher values due to the ease of access to regional and national markets.
- Properties located near major highways, including I-85, I-40, and NC 147, also tend to have higher values due to the convenience of transporting goods and materials.
- In addition, industrial properties with access to public transportation systems, such as GoDurham and GoTriangle, may also have higher values due to the ability to attract a larger workforce and reduce transportation costs.
