Property profile

2470 Us 70th Hwy Durham, NC 27703

OFF-MARKET
Parking lots & garages
Property ID
US53-1767106
29,282 SF 2.23 ac lot Built 1967
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1967
Total area 29,282 SF
Lot 2.23 ac (97,139 SF)
Zoning code CG
APN 164610
UPID US53-1767106

Cap rate & NOI

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

Location

2470 Us 70th Hwy Durham, NC 27703
Durham metro Census 1808 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$688k
Blend (final) Blend
$650k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2018
Price N/A
2013
$1.8M
2006
$2.3M
1969
Price N/A

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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