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Property profile & analytics
OFF-MARKET
Estimated value
$11,825,000
Automotive properties
1013 Southpoint Auto Park Blvd Durham, NC 27713-7327
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0875206
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2004
Total area
79,927 SF
Lot
22.7 ac (988,812 SF)
Zoning code
CG(D)
APN
143586
UPID
US53-0875206
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Johnson Lexus of Durham Oil Change Auto Repair Shop
-
Johnson Lexus of Durham Service Center Auto Repair Shop
-
Johnson Lexus of Durham Auto Parts Auto Parts Store
-
Johnson Lexus of Durham Car Dealership
-
Lexus at Johnson of Durham Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.13M
Blend (final)
Blend
$11.83M
Owner & transaction history
Platinum Moon LLC · 22 yrs held
Platinum Moon LLC
since 2004
7 recorded transactions
Zoning & alternative use
CG(D) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$19,645,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$19,370,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$11.83M
Range $10.64M – $13.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$148 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$223,724
Tax year 2023
Assessed value
$16,038,735
Assessed 2024
Previous assessed
$16,038,735
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$8,037,550
Assessed improvement
$8,001,185
Land market value
$8,037,550
Improvement market value
$8,001,185
Total market value
$16,038,735
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
1
Total area
79,927 SF
Lot
22.7 ac (988,812 SF)
Zoning code
CG(D)
APN
143586
UPID
US53-0875206
Jurisdiction
DURHAM
Zoning & alternative use
CG(D) · Durham, NC
Zoning CG(D) · permitted uses
CG(D) · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$19.6M
COMMERCIAL (GENERAL)
Est. value
$19.4M
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Lot
22.7 ac
Current owner
From public records · entity-resolved
Platinum Moon LLC
Entity
Mailing address
5839 CAPITAL BLVD, RALEIGH, NC 27616-2937
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
Platinummoon LLC
—
Deed
related
—
Dec 27, 2018
—
Platinum Moon LLC
—
Trustees Deed
related
$37,667,000 · Toyota Motor Credit
Aug 11, 2017
—
Platinum Moon LLC
—
Deed
related
$17,617,500 · Toyota Motor Credit
Jun 30, 2004
—
Platinum Moon LLC
Johnson,c D JR & Holly P
Grant Deed
$11,994,692 · Regions Bk/fayette
—
—
Platinum Moon LLC
—
Loan Modification
related
$23,850,000 · Toyota Motor Credit
—
—
Platinum Moon LLC
—
Deed Of Trust
related
$25,776 · Toyota Motor Credit Corp
—
—
Platinum Moon LLC
—
Loan Modification
related
$17,617,500 · Toyota Motor Credit
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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