Property profile

2204 Nc Hwy 54 Durham, NC 27713

OFF-MARKET
Retail space
Property ID
US53-2142076
4,246 SF 0.96 ac lot Built 2011
Entity Owned 16-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Total area 4,246 SF
Lot 0.96 ac (41,818 SF)
Zoning code CN(D)
APN 154169
UPID US53-2142076

Cap rate & NOI

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

Location

2204 Nc Hwy 54 Durham, NC 27713-2208
Durham metro Census 2036 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$755k
Comparable Approach Comparable
$607k
Blend (final) Blend
$800k

Owner & transaction history

since 2010
1 recorded transaction
2010
$346,000

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
Top alternative use upside
Auto repair, garage $1.2M +18.7%
Office building $1.2M +15.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2204 Nc Hwy 54?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message