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Property profile & analytics
OFF-MARKET
Estimated value
$205,000
Commercial real estate
1304 Jackson St Durham, NC 27701-3047
Individually Owned
3-yr Hold
Property ID
US53-0475910
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Total area
1,100 SF
Lot
0.13 ac (5,663 SF)
Zoning code
RU-5(2)
APN
114062
UPID
US53-0475910
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$245k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
Shaneka Murphy · 3 yrs held
Shaneka Murphy
since 2022
Last sale
$225,000
3 recorded transactions
Zoning & alternative use
RU-5(2) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RU Districts are established to provide for orderly urban residentialdevelopmentand redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the urban neighborhood. Such uses should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone name
Residential Urban 5 2 Duplexes Allowed
General category
CIVIC_INSTITUTIONAL
Zone area
1,797.04 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$205,000
ML approach
$245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$205k
Range $217k – $222k · vs last sale $225k (Sep 14 2022)
Last sale anchor
$225k
Sep 14 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$186 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,485
Tax year 2024
Assessed value
$249,830
Assessed 2024
Previous assessed
$249,830
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$70,625
Assessed improvement
$179,205
Land market value
$70,625
Improvement market value
$179,205
Total market value
$249,830
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Heating
PACKAGE
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,100 SF
Lot
0.13 ac (5,663 SF)
Zoning code
RU-5(2)
APN
114062
UPID
US53-0475910
Jurisdiction
DURHAM
Zoning & alternative use
RU-5(2) · Durham, NCZoning RU-5(2) · permitted uses
RU-5(2) · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RU Districts are established to provide for orderly urban residentialdevelopmentand redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the urban neighborhood. Such uses should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone name
Residential Urban 5 2 Duplexes Allowed
General category
CIVIC_INSTITUTIONAL
Zone area
1,797.04 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Shaneka Murphy
Individual
Mailing address
1304 JACKSON ST, DURHAM, NC 27701-3047
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2022
—
Shaneka Murphy
—
Deed
related
$70,313 · Durham Community Lend Trustees INC
Sep 14, 2022
$225,000
Shaneka Murphy
Durham Community Land Trustees INC
Warranty Deed
$8,000 · North Carolina Housing Finance Agen
Sep 14, 2022
—
Shaneka Murphy
Durham Community Land Trustees INC
Ground Lease
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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