Financial
Distress signals
Property profile

3708 Mayfair St Durham, NC 27707

FOR LEASE
Office buildings
Property ID
US53-1912814
59,998 SF 3.95 ac lot Built 1988
Last sale Jun 2023 · $11,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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 Square North offers exceptional executive office space in Durham County. This three-story, Class B building boasts a total of 59,650 square feet, with 41,790 square feet currently available. Units range from a minimum of 7,000 square feet to a maximum contiguous space of 20,906 square feet, perfect for businesses of various sizes. Built in 1989, the building is undergoing significant renovations, with exterior improvements recently completed and new common area amenities on the way. Its

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?
$72k
Tax billed · 2024
Assessed value$5.15M
Assessed land$866k
Assessed improvement$4.29M
Effective rate1.39%

Value estimate

· Sep 2026
$2.21M
$1.99M – $2.43M
AI approach$2.53M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$120 – $247
Qualifying comparables4

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?
CC
The CC District is established to provide for orderlydevelopmentof commercial services in a unified setting on largeparcelsof land (gener...
General categoryCOMMERCIAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply24.8
Wholesale Shop19.2
HVAC Service17.1

Location

3708 Mayfair St Durham, NC 27707
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3608 University, Durham, NC 27707-6260 $3,100,000 Dec 2025 13,698 SF
3710 University, Durham, NC 27707-6203 $2,116,753 Jun 2023 58,775 SF
5517 Durham Chapel Hl, Durham, NC 27707-3328 $2,650,000 Jan 2022 20,322 SF
5324 Mcfarland, Durham, NC 27707-6865 $36,095,500 Dec 2021 64,864 SF
3004 Tower, Durham, NC 27707-2542 $5,700,000 Mar 2020 15,000 SF
1415 Nc Hwy 54, Durham, NC 27707-5577 $2,750,000 Mar 2020 47,448 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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