Research Triangle Park - IBM Buildings 500-503
4205 South Miami Blvd, Durham, NC 27703
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- Property Type Office - R&D - Office
- Property Size 363,306 SF
- Lot Size 73.9 Acre
- Parking Spaces Avail. 1198
- Parking Ratio 3.30/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class A
- Year Built 1984
- City Durham, NC
- Neighborhood Research Triangle Park
- Zip Code 27703
- Market Raleigh Durham
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
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
- Property Tax in 2021 $837,860
- Market Value* $65,771,288
- Assessed Value $65,771,288
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 Research Triangle Park - IBM Buildings 500-503?
Research Triangle Park - IBM Buildings 500-503 totals 363,306 square feet.
When was this property built?
Research Triangle Park - IBM Buildings 500-503 was built in 1984.
What is the property tax for Research Triangle Park - IBM Buildings 500-503?
The property tax for Research Triangle Park - IBM Buildings 500-503 in 2021 was $837,860.
What is the market value for Research Triangle Park - IBM Buildings 500-503?
The market value* for Research Triangle Park - IBM Buildings 500-503 in 2021 was $65,771,288.
*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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