Property profile

1823 Chapel Hl Rd Durham, NC 27707

OFF-MARKET
Office buildings
Property ID
US53-2227476
3,200 SF 0.26 ac lot Built 1969
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 3,200 SF
Lot 0.26 ac (11,326 SF)
Zoning code CN
APN 108465
UPID US53-2227476

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
  • Social Service Agency Charitable Organization
  • Advocacy Group
  • Dental Office

Location

1823 Chapel Hl Rd Durham, NC 27707-1100
Durham metro Census 500 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k

Owner & transaction history

since 2023
Last sale
$411,250
4 recorded transactions
2023
$822,500
2022
Price N/A
2019
$570,000
2016
$278,000

Zoning & alternative use

CN · Durham, NC
Zoning description

The CN District is established to provide for modest-scale commercial centers (as defined in Article 6) in close proximity to residential areas that offer limited commercial uses to satisfy the needs of the surrounding n…

General category COMMERCIAL

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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