Financial
Distress signals
Property profile

3710 University Dr Durham, NC 27707

FOR LEASE
Office buildings
Property ID
US53-1977720
58,775 SF 6.06 ac lot Built 1985
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a three-story office building totaling 58,249 square feet, located in Durham, North Carolina, near the University Hill mixed-use development and within walking distance of O2 Fitness and nearby retail and restaurant establishments. The building has undergone and is undergoing exterior and interior improvements, including a completed exterior refresh, the addition of two pre-built office suites, and the development of a first-floor tenant hub. Planned future upgrades include additional amenities in common areas.

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?
$86k
Tax billed · 2024
Assessed value$6.15M
Assessed land$1.11M
Assessed improvement$5.04M
Effective rate1.39%

Value estimate

· Sep 2026
$2.64M
$2.38M – $2.90M
AI approach$3.09M

Realmo valuation models over county records and 3 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 comparables3

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,OI
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.9
HVAC Service10.7
Plumbing Service9.3

Location

3710 University Dr Durham, NC 27707
County assessor Recorded deeds · 9 transfers 3 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
3708 Mayfair, Durham, NC 27707-6226 $1,774,534 Jun 2023 59,998 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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