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    1921 Holloway St Durham, NC 27703

    For Sale
    $230,000

    High-yield Durham duplex near Duke University.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents two properties located at 1921 and 1923 Holloway Street in Durham, North Carolina, being sold as a single package. Situated on a combined 0.22-acre lot, this property offers a prime location just minutes from the prestigious Duke University and the vibrant downtown Durham area. Currently utilized as residential rental units, the property provides immediate income potential. Note that the lease on the property expires in May 2022. Showings are currently unavailable due to existing tenant occupancy and the property's current condition. This presents a unique chance for a savvy investor to acquire a well-positioned asset with future upside potential. The area is poised for significant growth and development, as evidenced by the North Carolina Department of Transportation's Go Durham Project #U3308, which details planned upgrades to Route 3 in the Wellons Village area. This project is expected to further enhance the desirability and value of the property. The asking price for this combined property is $230,000. Serious inquiries only. Further details regarding the property's square footage and specific unit configurations are unavailable at this time due to the current tenant occupancy.

    Property Features for 1921 Holloway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,583 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8674
    Latitude
    35.99253

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield Durham duplex near Duke University.
    Where is this commercial real estate located?
    The property is located at 1921 Holloway St Durham, NC.
    What is the asking price?
    The asking price for this property is $230,000.
    (919) 772-7240
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    1921 Holloway St Durham, NC 27703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1921 Holloway St Durham, NC 27703
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