Financial
Distress signals
Property profile

2416 Nation Ave Durham, NC 27707

OFF-MARKET
Garden apartment buildings
Property ID
US53-0186691
5,184 SF 0.65 ac lot Built 1981
Last sale Nov 2023 · $960,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$279k
Assessed land$60k
Assessed improvement$219k
Effective rate1.39%

Value estimate

· Sep 2026
$1.20M
$1.08M – $1.31M
AI approach$1.23M
Submarket $/SF estimate$1.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$388/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$143 – $1,088

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
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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.4
Realty agency12.0
HVAC Service12.0

Location

2416 Nation Ave Durham, NC 27707-1905
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
1733 Morehead, Durham, NC 27707-1122 $627,500 Nov 2025 3,492 SF
3019 Mt Moriah, Durham, NC 27707-9023 $57,000,000 Dec 2024 6,720 SF
2209 Morehead, Durham, NC 27707-1070 $1,375,000 Sep 2023 4,892 SF
2211 Morehead, Durham, NC 27707-1071 $1,375,000 Sep 2023 3,566 SF
1901 Morehead, Durham, NC 27707-1067 $1,600,000 Jul 2023 6,936 SF
3301 Shannon, Durham, NC 27707-3507 $31,088,710 Jan 2023 6,565 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
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