Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    109 Gregson St Durham, NC 27701-2013

    • Turn key restaurants
    • 9,455 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $1,010,000
    Last Sale
    Feb 19, 2021
    $975,000
    Location Intelligence
    Property ID
    US53-1693319
    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

    • Yonderlust / Outdoor Sports Store
    • Yonderlust Cafe / Restaurant

    Property Details for 109 Gregson St

    Year built
    1930
    Lot size
    0.08 lot acres
    Property size
    9,455 SF
    Zone code
    DD-S1
    Property type
    Turn key restaurants
    APN
    103149
    APU
    103149

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,050,000

    • CAP approach

      CAP return
      Estimation
      6%
      $870,000
      6.5%
      $965,000
      7%
      $925,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $930,000
      Geo Method
      $855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $1,095,000
      Mixed-Use
      $835,000
      Hospitality
      $845,000
      Educational
      $840,000
      Residential Income
      $1,115,000
      Energy
      $920,000
      Income-Based Land
      $945,000
      Food Service
      $940,000

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9091
    Latitude
    36.0005
    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
    $19,955
    $122,612
    $1,239,597
    $1,362,209
    -
    $122,612
    $1,239,597
    $1,362,209

    Comparable in this City

    • Value Estimation
      $320,000
      2,459 SF

      900 Main St

      RESTAURANT • 2,459 SF
      900 Main St, Durham, NC 27701-2025
      View Details
    • Value Estimation by Request
      1,400 SF

      706 Main St

      RESTAURANT • 1,400 SF
      706 Main St, Durham, NC 27701-3726
      View Details
    • Value Estimation by Request
      3,397 SF

      1013 Main St

      RESTAURANT • 3,397 SF
      1013 Main St, Durham, NC 27701-2026
      View Details
    • Value Estimation by Request
      7,180 SF

      800 Main St

      RESTAURANT • 7,180 SF
      800 Main St, Durham, NC 27701-2023
      View Details
    • Value Estimation
      $395,000
      2,528 SF

      904 Main St

      RESTAURANT • 2,528 SF
      904 Main St, Durham, NC 27701-2025
      View Details
    • Value Estimation
      $320,000
      2,096 SF

      1200 Chapel Hl St

      RESTAURANT • 2,096 SF
      1200 Chapel Hl St, Durham, NC 27701-3002
      View Details

    Similar Nearby for Sale

    • $3,950,000
      9,790 SF

      Downtown Durham Commercial Gem

      9,790 SF Office/Retail, NNN Lease
      211 Rigsbee Ave, Durham, NC 27701
      View Details
    • $5,200,000
      0.95 Acres

      Prime Metrocrest Office Suite

      Spacious Office, Ideal for Small Teams
      514 Mangum St, Durham, NC 27701
      View Details
    • $1,360,000
      3,775 SF

      Historic Downtown Durham Corner Building

      Fully leased retail and office space in Durham's City Center.
      125 E Parrish St, Durham, NC 27701
      View Details
    • $1,450,000
      3,944 SF

      Downtown Durham Commercial Condo

      Versatile commercial condo in a rapidly transforming downtown area.
      204 Rigsbee Ave, Durham, NC 27701
      View Details
    • $1,800,000
      10,461 SF

      Downtown Durham Executive Office Building

      10,461 SF Office, Vacant, $1.8M
      216-218 Rigsbee Ave, Durham, NC 27701
      View Details
    • $575,000
      2,929 SF

      Durham Multifamily Investment Opportunity

      Four-unit property near downtown and Duke University.
      1113 Camden Ave, Durham, NC 27701
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      5,118 SF

      Durham Retail Space: Prime Location

      High-traffic retail space, ample parking.
      305 Roxboro St, Durham, NC 27701
      View Details
    • $26 SF/Yr
      9,790 SF

      Downtown Durham Office/Retail Gem

      9,790 SF, Multi-Tenant, High Visibility
      211 Rigsbee Ave, Durham, NC 27701
      View Details
    • $40 SF/Yr
      310,000 SF

      Durham Retail Space - Shops at Wye

      Prime Durham retail, restaurant space. Six suites available.
      501 Washington St, Durham, NC 27701
      View Details
    • $35 SF/Yr
      114,840 SF

      Downtown Durham Retail Space

      Prime retail, multiple suites available
      321 Corporation St, Durham, NC 27701
      View Details
    • $26 SF/Yr
      3,126 SF

      Durham Executive Office Space

      Prime Durham Office, 3126 sq ft Available
      102 City Hall Plz, Durham, NC 27701
      View Details
    • $26 SF/Yr
      35,378 SF

      Downtown Durham Historic Buildings

      Historic buildings in downtown Durham with retail and office spaces.
      102 City Hall Plz, Durham, NC 27701
      View Details

    Property Visit Statistics

    • Visits by month
      3.4k
    • Visitors by month
      2.5k
    • Avg Time on site
      40 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Gregson St
    Durham, NC 27701-2013
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.