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    Property profile & analytics

    1016 Main St Durham, NC 27701-2027

    • Grocery and convenience stores
    • 2,312 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5633731
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATM / Atm
    • Shell / Atm / Convenience Store
    • Family Fare / Convenience Store

    Property Details for 1016 Main St

    Year built
    2008
    Lot size
    0.38 lot acres
    Property size
    2,312 SF
    Zone code
    DD-S1
    Property type
    Grocery and convenience stores
    APN
    103187
    APU
    103187

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9108
    Latitude
    36.0013
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,481
    $745,245
    $516,354
    $1,261,599
    -
    $745,245
    $516,354
    $1,261,599

    Comparable in this City

    • Value Estimation by Request
      2,809 SF

      403 Trinity Ave

      CONVENIENCE STORE • 2,809 SF
      403 Trinity Ave, Durham, NC 27701-1822
      View Details
    • Value Estimation
      $325,000
      3,012 SF

      1203 Clb Blvd

      CONVENIENCE STORE (W/FUEL PUMP) • 3,012 SF
      1203 Clb Blvd, Durham, NC 27701-1117
      View Details
    • Value Estimation by Request
      1,058 SF

      1302 Fay St

      CONVENIENCE STORE • 1,058 SF
      1302 Fay St, Durham, NC 27701-2720
      View Details
    • Value Estimation
      $355,000
      2,400 SF

      803 Alston Ave

      CONVENIENCE STORE • 2,400 SF
      803 Alston Ave, Durham, NC 27701
      View Details
    • Value Estimation by Request
      1,089 SF

      712 Alston Ave

      CONVENIENCE STORE • 1,089 SF
      712 Alston Ave, Durham, NC 27701-4304
      View Details
    • Value Estimation
      $370,000
      1,440 SF

      1002 Alston Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 1,440 SF
      1002 Alston Ave, Durham, NC 27701-3810
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      13.7k
    • Visitors by month
      8.8k
    • Avg Time on site
      10 min
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    1016 Main St
    Durham, NC 27701-2027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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