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    216-218 Rigsbee Ave Durham, NC 27701

    • Office Properties & Spaces
    • 10,461 SF
    • 0.07 lot acres
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 216-218 Rigsbee Ave

    Year built
    1936
    Lot size
    0.07 lot acres
    Property size
    10,461 SF
    Property type
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8997
    Latitude
    35.9975

    Comparable in this City

    • Value Estimation by Request
      41,000 SF

      212 Main St

      Office space • 41,000 SF
      212 Main St, Durham, NC 27701
      View Details
    • Value Estimation by Request
      30,517 SF

      300 Main St

      Office space • 30,517 SF
      300 Main St, Durham, NC 27701
      View Details
    • Value Estimation by Request
      1.94 Acres

      311 Fuller St

      CONDOMINIUM OFFICES • 1.94 Acres
      311 Fuller St, Durham, NC 27701
      View Details
    • Value Estimation
      $350,000
      2,578 SF

      120 Parrish St Ste, Unit 100

      CONDOMINIUM OFFICES • 2,578 SF
      120 Parrish St Ste, Durham, NC 27701-3346
      View Details
    • Value Estimation by Request
      5,956 SF

      1105 Main St, Unit COM

      CONDOMINIUM OFFICES • 5,956 SF
      1105 Main St, Durham, NC 27701-2587
      View Details
    • Value Estimation
      $345,000
      2,492 SF

      120 Parrish St Ste, Unit 200

      CONDOMINIUM OFFICES • 2,492 SF
      120 Parrish St Ste, Durham, NC 27701-3346
      View Details

    Similar Nearby for Sale

    • $1,450,000
      3,944 SF

      Downtown Durham Office Condo

      Prime location, versatile space, high traffic.
      204 Rigsbee Ave, Durham, NC 27701
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    • $425,000
      1,516 SF

      Durham Executive Office Suites

      Prime Durham location, two condos, 1516 sq ft
      100 Parrish St, Durham, NC 27701
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    • Contact for pricing
      0.12 Acres

      Downtown Durham Office Suite for Lease

      Prime location, furnished, stunning city views.
      100 Parrish St, Durham, NC 27701
      View Details
    • $8,000,000
      9,000 SF

      Hayti District Office Complex

      Prime Durham location, 9,000 sq ft, vacant.
      601 Fayetteville St, Durham, NC 27701
      View Details
    • $3,950,000
      9,790 SF

      Downtown Durham Commercial Gem

      9,790 SF Office/Retail, NNN Lease
      211 Rigsbee Ave, Durham, NC 27701
      View Details
    • $1,800,000
      10,461 SF

      Downtown Durham Executive Office Building

      10,461 SF Office, Vacant, $1.8M
      216-218 Rigsbee Ave, Durham, NC 27701
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      3,126 SF

      Durham Executive Office Space

      Prime Durham Office, 3126 sq ft Available
      102 City Hall Plz, Durham, NC 27701
      View Details
    • $17 SF/Yr
      2,721 SF

      Downtown Durham Executive Office Suite

      Prestigious Durham office, fully vacant, 2721 sq ft.
      101 Main St, Durham, NC 27701
      View Details
    • $26 SF/Yr
      13,986 SF

      Downtown Durham Executive Suites

      Historic Charm, Modern Amenities, Flexible Space
      102 Mangum St, Durham, NC 27701
      View Details
    • Contact for pricing
      41,000 SF

      Downtown Durham Creative Office Space

      Historic Landmark, Abundant Parking, Flexible Suites
      212 Main St, Durham, NC 27701
      View Details
    • $26 SF/Yr
      35,378 SF

      Downtown Durham Historic Buildings

      Historic buildings in downtown Durham with retail and office spaces.
      102 City Hall Plz, Durham, NC 27701
      View Details
    • Contact for pricing
      30,517 SF

      Downtown Durham Office Space

      Prime 5,516 SF Executive/Creative Office
      300 Main St, Durham, NC 27701
      View Details
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    Durham, NC 27701
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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
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