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Property profile & analytics
OFF-MARKET
Estimated value
$6,400,000
Retail space
1812 Holloway St, Durham, NC 27703-2210
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5830744
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
11,225 SF
Lot
1.81 ac (78,844 SF)
Zoning code
CN
APN
113770
UPID
US53-5830744
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
-
Walgreens Pharmacy Pharmacy
-
Michaels Natasha M Pharmacy
-
Western Union Bank Credit Union
-
Coinhub Bitcoin ATM Teller Atm
-
Walgreens Photo (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.40M
Owner & transaction history
Exchangeright Net Leased Portfolio · 3 yrs held
Exchangeright Net Leased Portfolio
since 2022
Last sale
$6.7M
7 recorded transactions
Zoning & alternative use
CN · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+73.7%
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
$6,125,000
ML approach
$6,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,790,000
Change: +74% · Conversion: Easy
Blend value · Realmo final
$6.40M
Range $5.76M – $7.04M · ±10% · vs last sale $6.69M (Oct 14 2022)
Last sale anchor
$6.69M
Oct 14 2022
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
$570 / 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
$65,199
Tax year 2024
Assessed value
$4,674,116
Assessed 2024
Previous assessed
$4,674,116
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$835,158
Assessed improvement
$3,838,958
Land market value
$835,158
Improvement market value
$3,838,958
Total market value
$4,674,116
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
2005
Heating
YES
Cooling
YES
Stories
1
Total area
11,225 SF
Lot
1.81 ac (78,844 SF)
Zoning code
CN
APN
113770
UPID
US53-5830744
Jurisdiction
DURHAM
Zoning & alternative use
CN · Durham, NC
Zoning CN · permitted uses
CN · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.8M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
YES
Cooling
Yes
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Exchangeright Net Leased Portfolio
Individual
Mailing address
1055 E COLORADO BLVD STE #310, PASADENA, CA 91106-2374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
$6,692,000
Exchangeright Net Leased Portfolio
The Silveira Family Company LLC
Special Warranty Deed
$72,000,000 · Wells Fargo Bank NA
Oct 14, 2022
—
Exchangeright Net Leased Portfolio
The Silveira Family Company LLC
Assignment Of Lease (leasehold Sale)
—
Mar 21, 2017
$7,125,000
Silveira Family Co LLC
Lindley Avenue Properties LLC
Warranty Deed
$2,600,000 · First Internet Bk/in
Sep 19, 2016
$2,559,500
Carolina Dh I LLC
Ross-civello Properties Vi LLC
Grant Deed
—
Jun 3, 2016
$6,800,000
Lindley Avenue Properties LLC
Kd Durham Nc Landlord LLC
Warranty Deed
—
Jun 5, 2007
$4,737,000
Kd Durham Nc Landlord LLC
Carolina Dh I LLC
Special Warranty Deed
$3,820,000 · Countrywide Com Real Estate Fin INC
Nov 21, 2005
$2,559,500
Carolina Dh I LLC
Ross-civello Properties Vi LLC
Grant Deed
$2,194,878 · Suntrust Bk/tallahassee
Oct 14, 2004
—
Page R & E Investments LLC
Page Family LLC
Quit Claim Deed
related
—
Oct 14, 2004
$563,000
Ross-civello Properties Vi LLC
Page R/e Investments LLC
Trustees Deed
$15,000,000 · Laurence F & Joann C Ross
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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