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    Property profile & analytics

    2623 Durham Chapel Hl Blvd Durham, NC 27707-2860

    • Industrial properties
    • 8,000 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Oct 08, 2024
    Location Intelligence
    Property ID
    US53-1285203
    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

    • Industrial properties

    Property Details for 2623 Durham Chapel Hl Blvd

    Year built
    1971
    Lot size
    0.49 lot acres
    Property size
    8,000 SF
    Zone code
    CG
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    121206
    APU
    121206

    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
    -78.9285
    Latitude
    35.974
    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
    $7,160
    $245,460
    $267,809
    $513,269
    -
    $245,460
    $267,809
    $513,269

    Comparable in this City

    • Value Estimation by Request
      15,000 SF

      5318 New Hope Cmns Blvd Ext

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 15,000 SF
      5318 New Hope Cmns Blvd Ext, Durham, NC 27707-9611
      View Details
    • Value Estimation by Request
      11,900 SF

      5324 New Hope Cmns Blvd Ext

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 11,900 SF
      5324 New Hope Cmns Blvd Ext, Durham, NC 27707-9626
      View Details
    • Value Estimation
      $430,000
      3,541 SF

      2731 Durham Chapel Hl Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,541 SF
      2731 Durham Chapel Hl Blvd, Durham, NC 27707-2869
      View Details
    • Value Estimation by Request
      2,475 SF

      3035 Fayetteville St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,475 SF
      3035 Fayetteville St, Durham, NC 27707-4172
      View Details
    • Value Estimation
      $470,000
      2,760 SF

      2726 Durham Chapel Hl Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,760 SF
      2726 Durham Chapel Hl Blvd, Durham, NC 27707-2870
      View Details
    • Value Estimation
      $255,000
      1,134 SF

      2538 Fayetteville St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,134 SF
      2538 Fayetteville St, Durham, NC 27707
      View Details

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    Durham, NC 27707-2860
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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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