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Financial
Distress signals
Property profile

1032 Miami Blvd Durham, NC 27703

OFF-MARKET
Drive through restaurants
Property ID
US53-1641360
3,841 SF 0.57 ac lot Built 1988
Last sale Nov 2024 · $1,600,000
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.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Little Caesars restaurant located at 1032 N Miami Blvd, Durham, NC 27703. The property boasts a 3,841 square foot building on a 0.57-acre lot, constructed in 1988 and renovated in 2023. Currently operating under a 20-year absolute NNN lease with a highly successful franchisee (the second largest in the nation with over 80 locations), this property offers exceptional stability and growth potential. The lease includes…

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.

Debts

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?
$5k
Tax billed · 2024
Assessed value$876k
Assessed land$358k
Assessed improvement$518k
Effective rate0.56%

Value estimate

· Oct 2026
$1.60M
$1.44M – $1.76M
AI approach$1.60M
Submarket $/SF estimate$1.52M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$427/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$210 – $557
Qualifying comparables6

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
The CC District is established to provide for orderlydevelopmentof commercial services in a unified setting on largeparcelsof land (gener...
General categoryCOMMERCIAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.1
Law Firm21.8
Dental Office20.3

Location

1032 Miami Blvd Durham, NC 27703-2230
County assessor Recorded deeds · 3 transfers 6 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
910 Miami, Durham, NC 27703-2228 $1,085,000 Oct 2024 2,721 SF
2105 Sherron, Durham, NC 27703-9604 $950,000 Apr 2024 2,986 SF
1801 Miami, Durham, NC 27703 $1,400,000 Feb 2023 2,868 SF
4112 Angier, Durham, NC 27703 $1,400,000 Feb 2023 2,832 SF
5108 Wake Frst, Durham, NC 27703-3703 $1,625,000 Aug 2021 5,520 SF
1808 Miami, Durham, NC 27703-5702 $2,367,500 Jul 2021 3,227 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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