Financial
Distress signals
Property profile

933 Ellis Rd Durham, NC 27703

OFF-MARKET
Other industrial properties
Property ID
US53-1183519
271,607 SF 19.36 ac lot Built 1940
Last sale May 2024 · $53,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a warehouse building offering approximately 83,010 square feet of space suited for industrial use. It is located in Durham, North Carolina, and is designated for warehouse and other warehouse-related purposes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$445k
Tax billed · 2024
Assessed value$31.89M
Assessed land$1.14M
Assessed improvement$30.75M
Effective rate1.39%

Value estimate

· Sep 2026
$53.20M
$47.88M – $58.52M
AI approach$53.20M
CAP approach$55.22M
Submarket $/SF estimate$63.67M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$174/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$89 – $285

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IL
The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asoffi...
General categoryINDUSTRIAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Restaurant15.5
Law Firm13.4

Location

933 Ellis Rd Durham, NC 27703-6020
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1730 Tw Alexander, Durham, NC 27703-9241 $80,231,000 Sep 2024 441,280 SF
865 Briggs, Durham, NC 27703-4291 $25,775,000 Jul 2022 127,600 SF
1211 Person, Durham, NC 27703-5055 $26,253,500 Apr 2022 127,600 SF
3921 Miami, Durham, NC 27703-9135 $24,970,000 Dec 2021 144,091 SF
5 National, Durham, NC 27703-9950 $34,140,000 Sep 2021 239,351 SF
805 Briggs, Durham, NC 27703-4292 $43,144,000 Aug 2021 260,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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