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Property profile & analytics
OFF-MARKET
Estimated value
$2,105,000
Office buildings
2210 Leah Dr, Hillsborough, NC 27278-9983
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4747966
Property summary
AI-generated overview
This exceptional 2,178-square-foot commercial property, located at 2210 Leah Dr in Hillsborough, North Carolina, presents a unique opportunity for businesses seeking flexible workspace. Situated in Orange County's Economic Development District and zoned accordingly, this multi-tenant building offers a blend of creative office and warehouse space, ideal for a variety of uses. The entire 2,178 square feet is currently vacant and available for lease, providing immediate occupancy. The property's address is 2210 Leah Dr, conveniently located off Old NC 86 in the Old Mill Business Park. The space includes approximately 330 square feet of dedicated office area, complementing the larger warehouse or flex space. This property is perfect for businesses requiring a combination of office and storage or production space. The property is categorized as Office and Industrial, with subtypes including Creative Office, Flex, and Warehouse, offering significant adaptability to suit diverse operational needs. The anticipated availability date is May 2025. The property's zip code is 27278.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2018
Total area
10,200 SF
Lot
3.41 ac (148,540 SF)
APN
9873-18-4491
UPID
US53-4747966
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
-
A & E Heating & Air Conditioning Inc Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$2.11M
Owner & transaction history
Durack Family Investment LLC · 5 yrs held
Durack Family Investment LLC
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hillsborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsborough 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,800,000
6.5%
$2,585,000
7%
$2,400,000
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / SF
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
Tax billed
$28,800
Tax year 2023
Assessed value
$1,798,500
Assessed 2023
Previous assessed
$1,798,500
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$371,400
Assessed improvement
$1,427,100
Land market value
$371,400
Improvement market value
$1,427,100
Total market value
$1,798,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
2
Stories
1
Total area
10,200 SF
Lot
3.41 ac (148,540 SF)
APN
9873-18-4491
UPID
US53-4747966
Jurisdiction
ORANGE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
1
Buildings
2
Lot
3.41 ac
Current owner
From public records · entity-resolved
Durack Family Investment LLC
Entity
Mailing address
1700 WOODSTOCK RD, DURHAM, NC 27705-5232
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
—
Durack Family Investment LLC
—
Deed
related
$1,550,000 · First Citizens Bank & Trust Co
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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