602 N Mangum Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Address: 602 N Mangum St, Durham, NC 27701, USA
Atlanta & Southeast + Land/Development
Created date: January 19, 2024
Date last updated: September 24, 2026
Price: $4,600,000Investment Analyzer NEW!
  • Three parcels totaling 1.04 acres with frontage on North Mangum Street and Cleveland Street.
  • Located within a short walk of the Durham Bulls Athletic Park, American Tobacco Campus, Durham Performing Arts Center, the Carolina Theatre, and Durham Central Park.
  • 6,528 SF fully-conditioned building with parking on site. Built in 1970; roof replaced in last 10 years old. Current land use for 602 & 606 N Mangum is commercial, retail services, and parking lots surface.
  • North Mangum Street is a two-lane, one-way southbound road that connects to the Durham Freeway (NC 147).
  • Several new mid-rise apartments, townhomes, and condo developments in the neighborhood.
  • Permitted uses in DD-S2 include multifamily, condominium, townhome, office, medical office, retail and restaurant with building height up to 35’ or 50’ with a special use permit. RS-M permits multifamily.

Property Description

Land for sale in downtown Durham in the Old Five Points neighborhood. The property is located within a short walk of the Durham Bulls Athletic Park, American Tobacco Campus, Durham Performing Arts Center, the Carolina Theatre, and Durham Central Park.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $4,600,000
Lot Size: 1.04 Acres
Opportunity Zone: No
Property Website Click Here
Address: 602 N Mangum Street, Durham, NC 27701, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

Springer Rd

Whitesburg, Georgia
Atlanta & Southeast + Land/Development
Price: $294,225

Tennessee 92

Jefferson City, Tennessee
Atlanta & Southeast + Land/Development
Price: $1,000,000

6566 Cliffdale Road

Fayetteville, North Carolina
Atlanta & Southeast + Land/Development
Price: $2,800,000

Brokers

View All

Lenders

View All