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    Property profile & analytics

    2424 Erwin Rd Durham, NC 27705-3824

    • Office buildings
    • 497,148 SF
    • 2.53 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5806481
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Crouchley Jillian L MD / Doctor
    • Metis / Software Company
    • Saladelia @ Hock Plaza / Restaurant
    • Frush Karen S MD / Pediatrician
    • Hines Jr Marcono R MD / Pain Management Physician

    Property Details for 2424 Erwin Rd

    Year built
    2003
    Lot size
    2.53 lot acres
    Property size
    497,148 SF
    Zone code
    MU(D)
    Property type
    Office buildings
    APN
    119684
    APU
    119684

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9416
    Latitude
    36.0097
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,714,075
    $2,811,531
    $120,070,026
    $122,881,557
    -
    $2,811,531
    $120,070,026
    $122,881,557

    Comparable in this City

    • Value Estimation by Request
      6,139 SF

      3008 Pickett Rd

      PROFESSIONAL BUILDING • 6,139 SF
      3008 Pickett Rd, Durham, NC 27705-6006
      View Details
    • Value Estimation by Request
      51,904 SF

      3104 Croasdaile Dr

      PROFESSIONAL BUILDING • 51,904 SF
      3104 Croasdaile Dr, Durham, NC 27705-2508
      View Details
    • Value Estimation by Request
      21,480 SF

      2726 Croasdaile Dr

      OFFICE BUILDING • 21,480 SF
      2726 Croasdaile Dr, Durham, NC 27705-2578
      View Details
    • Value Estimation
      $170,000
      1,204 SF

      716 15th St

      OFFICE BUILDING • 1,204 SF
      716 15th St, Durham, NC 27705-3902
      View Details
    • Value Estimation by Request
      5,415 SF

      1821 Grn St

      OFFICE BUILDING • 5,415 SF
      1821 Grn St, Durham, NC 27705-4185
      View Details
    • Value Estimation by Request
      6,690 SF

      1117 Broad St

      OFFICE BUILDING • 6,690 SF
      1117 Broad St, Durham, NC 27705-3509
      View Details

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      Luxury Mixed-Use Development Near Duke

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    Property Visit Statistics

    • Visits by month
      12.4k
    • Visitors by month
      10.4k
    • Avg Time on site
      9 min
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    2424 Erwin Rd
    Durham, NC 27705-3824
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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