Property profile

119 Main St Durham, NC 27701

OFF-MARKET
Commercial real estate
Property ID
US53-1955423
3,935 SF 0.05 ac lot Built 1920
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 3,935 SF
Lot 0.05 ac (2,178 SF)
Zoning code DD-C
APN 102829
UPID US53-1955423

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Barber Shop
  • Charitable Organization Social Service Agency
  • Law Firm

Location

119 Main St Durham, NC 27701-3601
Durham metro Census 2200 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$815k
Comparable Approach Comparable
$717k
Blend (final) Blend
$310k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

DD-C · Durham, NC
Zoning description

The Downtown Design (DD) District is established to encourage bicycling, pedestrian, and transit-orienteddevelopmentthrough regulations appropriate to the downtown area. It focuses on the form of the private and public r…

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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