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    Property profile & analytics

    11201 Durant Rd Raleigh, NC 27614-9752

    • Drug stores
    • 14,470 SF
    • 5.33 lot acres
    OFF-MARKET
    Value Estimation
    $9,210,000
    Last Sale
    Dec 08, 2020
    $7,534,000
    Location Intelligence
    Property ID
    US53-0414885
    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

    • Walgreens Photo / Passport Photo Processor / Photo Lab
    • Coinhub Bitcoin ATM Teller / Atm
    • Walgreens Pharmacy / Pharmacy
    • Zahra Nassehzadeh-Tabrizi, PHARMD / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Medical Laboratory

    Property Details for 11201 Durant Rd

    Year built
    2009
    Construction
    BRICK
    Lot size
    5.33 lot acres
    Property size
    14,470 SF
    Zone code
    R-40W
    Property type
    Drug stores
    APN
    1718.02-75-9504 0318093
    APU
    1718027595040318093

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $9,875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,045,000
      6.5%
      $6,940,000
      7%
      $8,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,615,000
      Geo Method
      $8,215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,555,000
      Retail
      $7,880,000
      Mixed-Use
      $6,450,000
      Hospitality
      $8,570,000
      Educational
      $8,705,000
      Residential Income
      $6,820,000
      Energy
      $6,580,000
      Income-Based Land
      $6,995,000
      Food Service
      $8,065,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.602
    Latitude
    35.9074
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, 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
    2023
    $40,651
    $1,292,899
    $3,920,821
    $5,213,720
    -
    $1,292,899
    $3,920,821
    $5,213,720

    Comparable in this City

    • Value Estimation by Request
      12,014 SF

      2901 Wakefield Pines Dr

      Individual retail properties • 12,014 SF
      2901 Wakefield Pines Dr, Raleigh, NC 27614
      View Details
    • Value Estimation
      $4,135,000
      12,072 SF

      2901 Wakefield Pnes Dr

      DRUG STORE, PHARMACY • 12,072 SF
      2901 Wakefield Pnes Dr, Raleigh, NC 27614-9826
      View Details
    • Value Estimation by Request
      11,742 SF

      11000 Creedmoor Rd

      DRUG STORE, PHARMACY • 11,742 SF
      11000 Creedmoor Rd, Raleigh, NC 27614-9205
      View Details
    • Value Estimation by Request
      768 SF

      11609 6th Frks Rd

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      11609 6th Frks Rd, Raleigh, NC 27614-9579
      View Details
    • Value Estimation by Request
      7,979 SF

      12700 Spruce Tree Way

      FINANCIAL BUILDING • 7,979 SF
      12700 Spruce Tree Way, Raleigh, NC 27614-6923
      View Details
    • Value Estimation by Request
      15,330 SF

      13600 Fls Of Neuse Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,330 SF
      13600 Fls Of Neuse Rd, Raleigh, NC 27614-6612
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Wakefield Commons Retail Opportunity

      Raleigh, NC Retail Development Land
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      Retail spaces available in a busy Raleigh shopping center.
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    Raleigh, NC 27614-9752
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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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