Property profile

1901 Nc Hwy 55 Durham, NC 27707

OFF-MARKET
Turn key restaurants
Property ID
US53-2318690
2,474 SF 0.4 ac lot Built 1985
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 2,474 SF
Lot 0.4 ac (17,424 SF)
Zoning code CN(D)
APN 132619
UPID US53-2318690

Cap rate & NOI

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

Location

1901 Nc Hwy 55 Durham, NC 27707
Durham metro Census 2009 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2015
3 recorded transactions
2015
Price N/A
2010
$155,000
2003
$95,500

Zoning & alternative use

CN(D) · 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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