Property profile

1179 Nc Hwy 54 Durham, NC 27707

OFF-MARKET
Super regional malls
Property ID
US53-2875944
25,854 SF 3.23 ac lot Built 2008
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2008
Total area 25,854 SF
Lot 3.23 ac (140,699 SF)
Zoning code CC(D)
APN 135726
UPID US53-2875944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1179 Nc Hwy 54 Durham, NC 27707
Durham metro Census 2021 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
$760k
Blend (final) Blend
$840k

Owner & transaction history

since 2004
3 recorded transactions
2016
Price N/A
2004
$925,000
1969
Price N/A

Zoning & alternative use

CC(D) · Durham, NC
Zoning description

The CC District is established to provide for orderlydevelopmentof commercial services in a unified setting on largeparcelsof land (generally over ten acres in size to serve residential neighborhoods within a three to fi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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