Property profile

2400 Reichard St Durham, NC 27705

OFF-MARKET
Warehouses
Property ID
US53-0847397
4,800 SF 0.56 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 4,800 SF
Lot 0.56 ac (24,394 SF)
Zoning code CG
APN 125400
UPID US53-0847397

Cap rate & NOI

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

Location

2400 Reichard St Durham, NC 27705-2643
Durham metro Census 1705 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

Zoning & alternative use

CG · Durham, NC
Zoning description

The CG District is established to provide for a wide variety of commercial activities of varying scales that are designed to be served by major thoroughfares, and other similar high-volume rights-of-way. It is the intent…

General category COMMERCIAL

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
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