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Property profile & analytics
OFF-MARKET
Commercial real estate
2140 Page Rd Durham, NC 27703-7715
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2014635
Property profile
Verified
Property type
Commercial real estate
Use group
COMMON AREA (COMMERCIAL)
Year built
2007
Lot
0.79 ac (34,412 SF)
Zoning code
IL(D)
APN
196036
UPID
US53-2014635
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
-
Abounding In Grace Christian Church Church
-
Ewing Law Center PC Law Firm
-
New Leaf Pediatric Dentistry Dental Office
-
Premier Pools & Spas General Contractor
-
RCCG SUCCESS CHAPEL Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wjm Holdings III LLC · 8 yrs held
Wjm Holdings III LLC
since 2017
3 recorded transactions
Zoning & alternative use
IL(D) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 ensure suchdevelopmentis compatible with high visibility areas. Standards of this district are designed to minimize impacts on the environmen…
Zone name
Industrial Light
General category
INDUSTRIAL
Zone area
1,072.87 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Assessed value
$1.00
Assessed 2023
Previous assessed
$1.00
+0.0% YoY
Assessed land
$1.00
Land market value
$1.00
Total market value
$1.00
Applied tax rate
8.0000
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
Commercial real estate
Use group
COMMON AREA (COMMERCIAL)
Status
Off-Market
Year built
2007
Heating
NONE
Lot
0.79 ac (34,412 SF)
Zoning code
IL(D)
APN
196036
UPID
US53-2014635
Jurisdiction
DURHAM
Zoning & alternative use
IL(D) · Durham, NCZoning IL(D) · permitted uses
IL(D) · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 ensure suchdevelopmentis compatible with high visibility areas. Standards of this district are designed to minimize impacts on the environment and to assure compatibility with the surrounding area. It is the intent of this district to offer sites for those industries whose operations, exposure, location or traffic have minimal impact onadjacentproperties.
Zone name
Industrial Light
General category
INDUSTRIAL
Zone area
1,072.87 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Lot
0.79 ac
Current owner
From public records · entity-resolved
Wjm Holdings III LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2828 PICKETT RD #120, DURHAM, NC 27705-5613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2017
—
Wjm Holdings III LLC
Ticon Properties LLC
Grant Deed
related
—
Nov 24, 2015
—
Wjm Holdings III LLC
Ticon Properties LLC
Warranty Deed
related
—
—
—
Ticon Properties LLC
—
Deed Of Trust
related
$6,071,170 · Suntrust Bank NA
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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