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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Garden apartment buildings
1715 Nc Hwy 54 Durham, NC 27713
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3394279
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1998
Total area
11,748 SF
Lot
35.02 ac (1,525,471 SF)
Zoning code
PDR 8.130
APN
154275
UPID
US53-3394279
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
$755k
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.15M
Owner & transaction history
Seaforth Nc Partners LLC · 10 yrs held
Seaforth Nc Partners LLC
since 2015
7 recorded transactions
Zoning & alternative use
PDR 8.130 · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$1,470,000
6.5%
$1,360,000
7%
$1,260,000
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10%
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
$98 / 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
$470,554
Tax year 2024
Assessed value
$33,733,852
Assessed 2024
Previous assessed
$33,733,852
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$4,290,000
Assessed improvement
$29,443,852
Land market value
$4,290,000
Improvement market value
$29,443,852
Total market value
$33,733,852
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
3
Total area
11,748 SF
Lot
35.02 ac (1,525,471 SF)
Zoning code
PDR 8.130
APN
154275
UPID
US53-3394279
Jurisdiction
DURHAM
Zoning & alternative use
PDR 8.130 · Durham, NCZoning PDR 8.130 · permitted uses
PDR 8.130 · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
3
Lot
35.02 ac
Current owner
From public records · entity-resolved
Seaforth Nc Partners LLC
Entity
Mailing address
3424 PEACHTREE RD NE STE #300, ATLANTA, GA 30326-2818
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2020
—
Seaforth Nc Partners LLC
—
Deed
related
$805,800,000 · Goldman Sachs Bk USA
Mar 18, 2020
—
Seaforth Nc Partners LLC
—
Deed
related
$948,000,000 · Goldman Sachs Bk USA
Oct 2, 2018
—
Seaforth Nc Partners LLC
—
Deed
related
$27,469,000 · Walker & Dunlop
Sep 29, 2015
$34,600,000
Seaforth Nc Partners LLC
East Tbr Hamptons Owner LLC
Grant Deed
$26,969,000 · Walker & Dunlop
Dec 16, 2011
$27,830,000
East Tbr Hamptons Owner LLC
Gs Hamptons LP
Special Warranty Deed
$22,000,000 · Cwcapital LLC
Aug 1, 2007
$29,000,000
Gs Hamptons LLC
Hamptons Apartment Assoc L
Grant Deed
—
Dec 17, 1999
$24,000,000
Hamptons Apartments Associ
Thc Hamptons LP
Grant Deed
related
—
—
—
Seaforth Nc Partners LLC
—
Deed Of Trust
related
$948,000,000 · Goldman Sachs Bk USA
—
—
Hamptons Apartments Assocs
—
Deed Of Trust
related
$21,000,000 · Arcs Com'l Mtg
—
—
Seaforth Nc Partners LLC
—
Deed Of Trust
related
$27,469,000 · Walker & Dunlop
—
—
Seaforth Nc Partners LLC
—
Deed Of Trust
related
$805,800,000 · Goldman Sachs Bk USA
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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