Property profile

4018 Patriot Dr Durham, NC 27703

OFF-MARKET
Manufacturing properties
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Property ID
US53-1406533
103,090 SF 11.41 ac Built 1982
Last sale Aug 2025·$24,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

One Park Center at 4018 Patriot Dr in Durham, North Carolina (ZIP 27703) provides flexible R&D and commercial workspace in configurable suites ranging from 4,848 to 19,709 square feet, designed to accommodate a range of business operational needs.

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?
$108k
Tax billed · 2024
Assessed value$7.74M
Assessed land$1.06M
Assessed improvement$6.67M
Effective rate1.39%

Value estimate

· Nov 2026
$16.74M
$15.07M – $18.41M
CAP approach$20.96M
Submarket $/SF estimate$21.62M

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Auto Repair Shop8.5
Garden Center8.2

Location

4018 Patriot Dr Durham, NC 27703-8083
County assessor Recorded deeds · 8 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 · 13 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
4018 Stirrup Crk, Durham, NC 27703-9000 $27,550,000 Jun 2024 96,795 SF
116 Page Pt, Durham, NC 27703-9120 $7,218,000 Apr 2023 42,720 SF
126 Stone Park, Durham, NC 27703-5500 $3,000,000 Sep 2022 11,000 SF
217 Hoover, Durham, NC 27703-3352 $416,500 Jul 2020 12,844 SF
455 Driver, Durham, NC 27703-4201 $1,931,000 Sep 2019 31,656 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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