Property profile

1440 Briggs Ave Durham, NC 27703

OFF-MARKET
Industrial properties
Property ID
US53-1922605
2,400 SF 1.76 ac lot Built 2003
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2003
Total area 2,400 SF
Lot 1.76 ac (76,666 SF)
Zoning code IL
APN 133626
UPID US53-1922605

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
  • Vocational School Training Center
  • Painting Service General Contractor

Location

1440 Briggs Ave Durham, NC 27703-5071
Durham metro Census 2009 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2017
5 recorded transactions
2019
Price N/A
2017
$250,000
2016
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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