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Property profile & analytics
OFF-MARKET
Retail space
1529 Miami Blvd Durham, NC 27701-2760
Individually Owned
5-yr Hold
Free & Clear
Property ID
US53-1757955
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
1,200 SF
Lot
0.86 ac (37,462 SF)
Zoning code
RU-5(2)
APN
113293
UPID
US53-1757955
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
Current use
Occupant on record · Public records
-
bp Grocery & Convenience Store
-
Family Fare Grocery & Convenience Store
-
Auto Shop Auto Repair Shop
-
El machete truck food Restaurant
-
ATM (Bethesda BP) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Adalberto S Mendoza · 5 yrs held
Adalberto S Mendoza
since 2020
Last sale
$75,000
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,628
Tax year 2024
Assessed value
$116,682
Assessed 2024
Previous assessed
$116,682
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$72,710
Assessed improvement
$43,972
Land market value
$72,710
Improvement market value
$43,972
Total market value
$116,682
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Heating
SPACE
Cooling
YES
Stories
1
Total area
1,200 SF
Lot
0.86 ac (37,462 SF)
Zoning code
RU-5(2)
APN
113293
UPID
US53-1757955
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
1930
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Adalberto S Mendoza
Individual
Free & Clear · 5 yrs held
Mailing address
1529 N MIAMI BLVD, DURHAM, NC 27701-2760
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2020
$75,000
Adalberto S Mendoza
Hugo Villalobos
Warranty Deed
—
Feb 4, 2010
—
Hugo Villalobos
Villalobos,ernestina
Quit Claim Deed
related
—
Aug 16, 2007
$75,000
Ernestina Villalobos
Smith,donald R
Grant Deed
—
Mar 3, 2003
$24,500
Donald R Smith
Hopper-craven,lo
Grant Deed
—
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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