Property profile

3205 University Dr Durham, NC 27707

OFF-MARKET
Retail space
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Property ID
US53-1386139
12,800 SF 1.19 ac Built 2001
Last sale Mar 2026·$3,035,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

This retail space was previously used as a mattress and furniture store and is configured for retail use. The unit includes one dock door and has a layout consistent with prior in-store retail operations.

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?
$22k
Tax billed · 2024
Assessed value$1.57M
Assessed land$514k
Assessed improvement$1.05M
Effective rate1.39%

Value estimate

· Nov 2026
$1.87M
$1.68M – $2.06M
CAP approach$2.27M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$246/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$102 – $340
Qualifying comparables5

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?
CN
The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential...
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 Supply14.9
HVAC Service14.1
Parking Facility13.5

Location

3205 University Dr Durham, NC 27707-3770
County assessor Recorded deeds · 6 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5318 Mcfarland, Durham, NC 27707-6862 $7,100,000 Jun 2022 15,045 SF
4318 Garrett, Durham, NC 27707-3432 $3,085,500 Sep 2021 12,672 SF
4235 University, Durham, NC 27707-2547 $1,540,000 Jul 2020 8,460 SF
3111 Shannon, Durham, NC 27707-6339 $690,000 Jun 2020 10,440 SF
5501 Durham Chapel Hl, Durham, NC 27707-3318 $2,800,000 Nov 2019 31,486 SF
1845 Martin Luther King, Durham, NC 27707-3585 $23,250,000 Feb 2019 10,252 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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