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3114 Croasdaile Drive

Off-Market

3114 Croasdaile Drive, Durham, NC 27705

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  • Property Type Office - General Office
  • Property Size 45,600 SF
  • Lot Size 3.75 Acre
  • Parking Spaces Avail. 190
  • Parking Ratio 4.17/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1991

Location

  • City Durham, NC
  • Neighborhood Croasdaile
  • Zip Code 27705
  • Market Raleigh Durham

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 09 Dec, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Durham

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Durham Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $25.76
  • 2020 Office Vacancy Rate 15.82%
  • 2020 Office Completions (SF) 363,540

Durham Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $301.74
  • 2020 Office Sales Volume $922.6M
  • 2020 Number of Transactions 9
View more Durham market trends

Tax

  • Property Tax in 2021 $59,961
  • Market Value* $4,706,916
  • Assessed Value $4,706,916

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 3114 Croasdaile Drive?

3114 Croasdaile Drive totals 45,600 square feet.

When was this property built?

3114 Croasdaile Drive was built in 1991.

When was 3114 Croasdaile Drive last sold?

3114 Croasdaile Drive was last sold on 09 Dec, 2021.

What is the property tax for 3114 Croasdaile Drive?

The property tax for 3114 Croasdaile Drive in 2021 was $59,961.

What is the market value for 3114 Croasdaile Drive?

The market value* for 3114 Croasdaile Drive in 2021 was $4,706,916.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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