Property profile

1401 Nc Hwy 54 Durham, NC 27707

OFF-MARKET
Specialty properties
Property ID
US53-2245070
5,166 SF 0.59 ac lot Built 2011
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 2011
Total area 5,166 SF
Lot 0.59 ac (25,700 SF)
Zoning code OI
APN 135840
UPID US53-2245070

Cap rate & NOI

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

Location

1401 Nc Hwy 54 Durham, NC 27707-5507
Durham metro Census 2019 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$581k
Blend (final) Blend
$530k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
$1.6M
2016
$1.2M
2015
Price N/A
2011
$310,000
2000
$16,500
1969
Price N/A

Zoning & alternative use

OI · Durham, NC
Zoning description

The OI District is established for employment and community service activities. Some support facilities and residential uses are also allowed when compatible with surrounding uses. The OI district is designed for use on…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $815,000 +86.2%
Commercial (general) $790,000 +80.5%
Auto repair, garage $640,000 +46.5%

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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