1023 S Miami BLVD
Standalone Flex Building For Sale or Lease : 1023 S Miami Blvd Durham NC
Marketing description
1023 S Miami Blvd is a standalone flex building offered for sale or lease in a highly active industrial corridor in Durham. The property offers a functional mix of office and warehouse space with an efficient, flexible layout suitable for a variety of industrial and service oriented users. The site benefits from excellent connectivity with quick access to US-70, I-885, and I-40, and is located near RTP, Downtown Durham, and Raleigh-Durham International Airport. With limited availability of standalone flex industrial product in this submarket, the property presents a compelling opportunity for both owner-users and investors seeking durable demand in the Triangle.
Investment highlights
Standalone Flex Building on ±1.46 Acres
Rare opportunity to acquire a free-standing ±11,809 SF flex/industrial asset with excess land, providing functionality and long-term upside in a supply-constrained submarket
Strategic Location in High-Growth Durham Corridor
Ideally positioned along S. Miami Blvd with immediate access to US-70, I-885, I-40, and I-85, offering excellent connectivity to RTP, Downtown Durham, and RDU Airport
High Visibility with Strong Traffic Counts
Located on a major thoroughfare with 40,000+ vehicles per day and significant road frontage, providing strong branding and exposure for users
Functional Flex Layout (Office + Warehouse)
Efficient configuration featuring approximately 10,000 SF showroom/office and 1,600 SF warehouse, supporting a wide range of industrial, service, and showroom users
Industrial Features to Support Operations
Includes dock-high loading, drive-in capability, 14.5’ clear heights, and a large conditioned showroom—ideal for distribution, light manufacturing, or service-based businesses
Secure Yard + Ample Parking
Fenced outdoor storage and parking provide additional utility for contractors, fleet users, or businesses requiring secure laydown space
Flexible Zoning with Dual Parcel Configuration
General Commercial zoning with an additional adjacent parcel allows for a variety of uses and potential future expansion or redevelopment
Owner/User or Value-Add Investment Opportunity
Ideal for an owner-occupant seeking control of real estate costs or an investor targeting lease-up, repositioning, or long-term appreciation
Limited Supply of Small-Bay Flex Product
Strong demand and limited availability of standalone flex buildings in the Triangle support long-term leasing fundamentals and rent growth
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
