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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Turn key restaurants
2300 Chapel Hl Rd, Durham, NC 27707-1422
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-5783223
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
2,401 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CN
APN
103407
UPID
US53-5783223
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
-
Golden Pizza & Subs Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$640k
Blend (final)
Blend
$640k
Owner & transaction history
Golden Pizza And Subs Durham LLC · 2 yrs held
Golden Pizza And Subs Durham LLC
since 2023
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
CN · Durham, NC
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 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
Method
Estimation
Statistic approach
$705,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $565k (Dec 11 2023)
Last sale anchor
$565k
Dec 11 2023
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
$267 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,684
Tax year 2024
Assessed value
$335,805
Assessed 2024
Previous assessed
$335,805
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$102,758
Assessed improvement
$233,047
Land market value
$102,758
Improvement market value
$233,047
Total market value
$335,805
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Heating
YES
Cooling
YES
Stories
1
Total area
2,401 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CN
APN
103407
UPID
US53-5783223
Jurisdiction
DURHAM
Zoning & alternative use
CN · Durham, NC
Zoning CN · permitted uses
CN · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Golden Pizza And Subs Durham LLC
Entity
Mailing address
2300 CHAPEL HL RD, DURHAM, NC 27707-1422
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2023
$565,000
Golden Pizza And Subs Durham LLC
Durhams Best Cab INC
Special Warranty Deed
$435,000 · Mechanics & Farmers Bank
May 27, 2015
$334,000
Durhams Best Cab Co INC
2300 Chr LLC
Warranty Deed
$259,200 · 2300 Chr LLC
Jul 3, 2012
$155,000
2300 Chr LLC
Graysons Property Mgmt INC
Grant Deed
—
Jun 13, 2012
$155,000
2300 Ch LLC
Graysons Property Mgmt INC
Warranty Deed
—
Aug 5, 2003
$195,000
Graysons Property Mgmt INC
Ali,munir
Grant Deed
—
—
—
Durham Best Cab Co INC
—
Deed Of Trust
related
$259,200 · 2300 Chr LLC
—
—
Graysons Property Mgt INC
—
Deed Of Trust
related
$216,000 · Wells Fargo Bank
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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