Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1110 Chapel Hl St Durham, NC 27701
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0955279
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1966
Total area
2,000 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CI
APN
113959
UPID
US53-0955279
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ayda Saleh · 16 yrs held
Ayda Saleh
since 2009
1 recorded transaction
Zoning & alternative use
CI · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Commercial Infill (CI) District is established to provide for small commercial andmixed usenodes within the Compact Neighborhood and Urban Tiers. These nodes are intended to provide for pedestrian-orienteddevelopmentthat supports the surrounding residential neighborhoods, and have limited vehicular accommodation. The CI District is only appropriate in lo…
Zone name
Commercial Infill
General category
MIXED_USE
Zone area
6.58 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,698
Tax year 2024
Assessed value
$623,566
Assessed 2024
Previous assessed
$623,566
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$480,740
Assessed improvement
$142,826
Land market value
$480,740
Improvement market value
$142,826
Total market value
$623,566
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1966
Heating
YES
Cooling
YES
Stories
1
Total area
2,000 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CI
APN
113959
UPID
US53-0955279
Jurisdiction
DURHAM
Zoning & alternative use
CI · Durham, NCZoning CI · permitted uses
CI · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Commercial Infill (CI) District is established to provide for small commercial andmixed usenodes within the Compact Neighborhood and Urban Tiers. These nodes are intended to provide for pedestrian-orienteddevelopmentthat supports the surrounding residential neighborhoods, and have limited vehicular accommodation. The CI District is only appropriate in locations that have direct access to residential neighborhoods. Businesses within the District should be sited to maximize visibility, convenience, and accessibility for pedestrians.
Zone name
Commercial Infill
General category
MIXED_USE
Zone area
6.58 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1966
Heating
YES
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Ayda Saleh
Individual
Mailing address
5850 FAYETTEVILLE RD STE #204, DURHAM, NC 27713-6289
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2009
$110,000
Ayda Saleh
Yosef,saif University Mark
Grant Deed
$95,000 · Yosef Saif University Market LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1110 Chapel Hl St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
