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Financial
Distress signals
Property profile

114 Cornwallis Rd Durham, NC 27707

OFF-MARKET
Commercial land
Property ID
US53-0953792
1,300 SF 0.28 ac lot Built 1972
Last sale Sep 2019 · $60,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$433
Tax billed · 2024
Assessed value$31k
Assessed land$31k
Effective rate1.39%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$242/SF
Submarket average, outlier-cleaned · 230 recorded sales of this use type
Observed band · Q1–Q3$204 – $339
Qualifying comparables8

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?
CN
The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential...
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 agency27.6
Dental Office24.4
Law Firm20.3

Location

114 Cornwallis Rd Durham, NC 27707-4048
County assessor Recorded deeds · 2 transfers 8 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
518 Morehead, Durham, NC 27707-1348 $3,200,000 Apr 2025 No data
3311 University, Durham, NC 27707-3707 $145,000 Jun 2024 No data
1311 Nc Hwy 54, Durham, NC 27707-5505 $3,200,000 Dec 2023 11,200 SF
303 Umstead, Durham, NC 27707-1851 $545,000 Nov 2022 1,566 SF
3641 Shannon, Durham, NC 27707-3531 $850,000 Jun 2021 550 SF
5202 Old Chapel Hl, Durham, NC 27707-5204 $1,375,000 Apr 2019 736 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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