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    321 Corporation St Durham, NC 27701

    • High-rise multifamily apartments
    • 2,275 SF
    • 1.03 lot acres
    For Lease
    View listing
    $35 SF/Yr
    Value Estimation
    Last Sale
    Mar 14, 2022
    $48,710,000
    Location Intelligence
    Property ID
    US53-5667323
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Atlas Durham / Apartment Rental Agency / Apartment Building
    • Atlas Apartments / Apartment Building / Apartment Rental Agency

    Property Details for 321 Corporation St

    Year built
    2020
    Lot size
    1.03 lot acres
    Property size
    2,275 SF
    Zone code
    DD-S1
    Property type
    High-rise multifamily apartments
    APN
    104915
    APU
    104915

    Description

    This exceptional retail opportunity is located in the vibrant Central Park District of Downtown Durham, North Carolina. Situated on the ground floor of a seven-story, 171-unit luxury multifamily building, this property offers unparalleled visibility and access to a dense population of residents and visitors. The building, constructed in 2020, boasts a total of 114,840 square feet, with three available retail suites ranging from a minimum of 418 square feet to a maximum contiguous space of 1,313 square feet. Currently, 2,731 square feet are vacant, presenting a unique chance for businesses seeking flexible space options. The property's address is 321 W Corporation St, Durham, NC 27701, within Durham County. This location provides easy access to major thoroughfares and ample parking, ensuring high foot traffic and convenient access for customers. The modern design and prime location make this an ideal space for a variety of retail businesses seeking a thriving and established market. The building's multifamily component guarantees a built-in customer base, enhancing the potential for success. This is a rare opportunity to establish a presence in one of Durham's most sought-after locations. Contact us today to learn more about leasing options and explore the possibilities.

    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
    -78.8995
    Latitude
    36.0017
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $530,078
    $4,275,000
    $31,910,267
    $36,185,267
    -
    $4,275,000
    $31,910,267
    $36,185,267

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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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