Property profile

1200 Leon St Durham, NC 27705

OFF-MARKET
Garden apartment buildings
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Property ID
US53-0583276
64,672 SF 3.78 ac Built 1962
Last sale Jul 2019·$31,958,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$63k
Tax billed · 2024
Assessed value$4.84M
Assessed land$640k
Assessed improvement$4.20M
Effective rate1.31%

Value estimate

· Nov 2026
$3.61M
$3.25M – $3.97M
Submarket $/SF estimate$2.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 151 recorded sales of this use type
Observed band · Q1–Q3$150 – $1,470

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?
RU-M
The RU Districts are established to provide for orderly urban residentialdevelopmentand redevelopment. A limited number of nonresidential...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.0
Law Firm9.3
Auto Parts Store9.0

Location

1200 Leon St Durham, NC 27705-3484
County assessor Recorded deeds · 11 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2517 Guess, Durham, NC 27705-3306 $10,000,000 Oct 2022 35,996 SF
20 Morcroft, Durham, NC 27705-5671 $38,000,000 Jun 2020 21,384 SF
2612 Erwin, Durham, NC 27705-3995 $65,000,000 Nov 2019 36,380 SF
704 15th, Durham, NC 27705-3960 $58,200,000 Jul 2019 90,416 SF
2212 Main, Durham, NC 27705 $94,500,000 Jul 2019 26,512 SF
1305 Leon, Durham, NC 27705-3483 $31,958,000 Jul 2019 43,500 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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