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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2508 Hillsborough Rd Durham, NC 27705-4042
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-1415097
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1967
Total area
1,428 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CD-S2
APN
103989
UPID
US53-1415097
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Triangle Mini Mart & Tobacco (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tasineem LLC
Tasineem LLC
since 2026
2 recorded transactions
Zoning & alternative use
CD-S2 · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Compact Design (CD) District is intended to encouragedevelopmentof appropriate urbanstreetscapeand form through bicycling, pedestrian, and transit-orienteddevelopmentthrough various sub-districts similar to the Downtown Design District.
Zone name
Compact Design Support 2
General category
COMMERCIAL
Zone area
28.10 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,223
Tax year 2024
Assessed value
$302,711
Assessed 2024
Previous assessed
$302,711
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$137,459
Assessed improvement
$165,252
Land market value
$137,459
Improvement market value
$165,252
Total market value
$302,711
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1967
Heating
YES
Cooling
YES
Stories
1
Total area
1,428 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CD-S2
APN
103989
UPID
US53-1415097
Jurisdiction
DURHAM
Zoning & alternative use
CD-S2 · Durham, NCZoning CD-S2 · permitted uses
CD-S2 · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Compact Design (CD) District is intended to encouragedevelopmentof appropriate urbanstreetscapeand form through bicycling, pedestrian, and transit-orienteddevelopmentthrough various sub-districts similar to the Downtown Design District.
Zone name
Compact Design Support 2
General category
COMMERCIAL
Zone area
28.10 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Heating
YES
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Tasineem LLC
Entity
Free & Clear · 0 yrs held
Mailing address
12319 CANOLDER ST, RALEIGH, NC 27614-6806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2026
—
Tasineem LLC
Rashad Zubaidi
Warranty Deed
—
Nov 30, 2018
$345,000
Rashad Zubaidi
Adrian C Durham
Warranty Deed
$345,000 · Mechanics & Farmers Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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