Property profile

1830 Briggs Ave Durham, NC 27703

OFF-MARKET
Industrial land
Property ID
US53-1279683
4.85 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 4.85 ac (211,266 SF)
Zoning code IL(D)
APN 133536
UPID US53-1279683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1830 Briggs Ave Durham, NC 27703-5078
Durham metro Census 2009 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.00M

Owner & transaction history

since 2023
Last sale
$1.8M
5 recorded transactions
2023
$1.8M
2023
Price N/A
2019
Price N/A
2019
$400,000
2012
Price N/A

Zoning & alternative use

IL(D) · Durham, NC
Zoning description

The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to e…

General category INDUSTRIAL

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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