Property profile

1214 Avondale Dr Durham, NC 27701

OFF-MARKET
Manufacturing properties
Property ID
US53-0497535
10,500 SF 0.85 ac lot Built 1974
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1974
Total area 10,500 SF
Lot 0.85 ac (37,026 SF)
Zoning code IL
APN 109716
UPID US53-0497535

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
  • Auto Repair Shop

Location

1214 Avondale Dr Durham, NC 27701-2357
Durham metro Census 200 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2025
Last sale
$500,000
6 recorded transactions
2025
Price N/A
2025
$1.8M
2022
$500,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IL · Durham, NC
Zoning description

The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…

General category INDUSTRIAL

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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