Property profile

2300 Miami Blvd Durham, NC 27703

OFF-MARKET
Garden apartment buildings
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Property ID
US53-2049487
6,180 SF 26.56 ac Built 1999
Last sale May 2016·$18,266,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$517k
Tax billed · 2024
Assessed value$37.04M
Assessed land$4.97M
Assessed improvement$32.07M
Effective rate1.39%

Value estimate

· Nov 2026
$700k
$630k – $770k
AI approach$685k
CAP approach$715k
Submarket $/SF estimate$693k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$267/SF
ZIP average, outlier-cleaned · 16 recorded sales of this use type
Observed band · Q1–Q3$133 – $656
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS-M(D)
Multifamilydevelopmentis permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, co...
General categoryCIVIC_INSTITUTIONAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.0
Bakery8.7
Pawn Shop8.5

Location

2300 Miami Blvd Durham, NC 27703
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2313 Quincy, Durham, NC 27703-3153 $2,000,000 Oct 2024 3,888 SF
600 Discovery, Durham, NC 27703-8146 $397,000 Sep 2024 6,318 SF
1202 Merrion, Durham, NC 27703 $24,801,000 Sep 2023 6,455 SF
3004 Ivey Wood, Durham, NC 27703-4763 $14,702,000 Nov 2022 4,552 SF
502 Raynor, Durham, NC 27703-3100 $400,000 Apr 2020 7,096 SF
518 Boone, Durham, NC 27703-4343 $300,000 Oct 2019 9,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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