Property profile

1603 Nc Hwy 55 Durham, NC 27707

OFF-MARKET
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US53-1798909
2,016 SF 3.44 ac Built 1982
Last sale Aug 2012·$525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$333k
Assessed land$132k
Assessed improvement$201k
Effective rate1.39%

Value estimate

· Nov 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RU-5
The RU Districts are established to provide for orderly urban residentialdevelopmentand redevelopment. A limited number of nonresidential...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.7
Realty agency21.8
Building Supply16.1

Location

1603 Nc Hwy 55 Durham, NC 27707-4237
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3330 Watkins, Durham, NC 27707-3349 $6,812,500 May 2021 2,000 SF
3401 University, Durham, NC 27707-2656 $1,250,000 Dec 2020 5,020 SF
3315 University, Durham, NC 27707 $1,250,000 Dec 2020 5,126 SF
4200 University, Durham, NC 27707-2530 $725,000 Aug 2020 2,322 SF
4235 University, Durham, NC 27707-2547 $1,540,000 Jul 2020 8,460 SF
1505 Morehead, Durham, NC 27707-1207 $220,000 Jun 2019 1,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 1603 Nc Hwy 55?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved