2812 Erwin Rd Durham, NC 27705
Property profile & analytics
2812 Erwin Rd, Durham, NC 27705
- Industrial properties
- 112,560 SF
- 1.14 lot acres
Property ID
US53-1129397
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.
Location Intelligence
Current Use by Public Records
- Optix Eyecare / Physician
- Kaplan Stanley H / Tutoring Service
- NaanStop Indian Cuisine / Restaurant
- Sushi Love / Restaurant
- OPTIX EYE CENTER Mark S. Newman, OD / Physician
Property Details for 2812 Erwin Rd
- Year built
- 2003
- Lot size
- 1.14 lot acres
- Zone code
- MU(D)
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 125288
- APU
- 125288
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 6, 2023 | — | Mc Workshop LLC | Erwin Terrace One LLC | Deed | — |
| Apr 23, 2020 | — | Erwin Terrace One LLC | — | Deed · related | $10.8M · Miscellaneous Ins Co |
| Oct 22, 2018 | — | Erwin Terrace Three LLC | Erwin Terrace Two LLC | Quit Claim Deed · related | — |
| Sep 8, 2015 | — | Erwin Terrace One LLC | Erwin Terrace LLC | Intrafamily Transfer · related | — |
| Apr 18, 2012 | — | Everett Realty LLC | Erwin Terrace LLC | Warranty Deed | — |
| — | — | Erwin Terrace One LLC | — | Deed Of Trust · related | $10.8M · Miscellaneous Ins Co |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $25,325,000
- 6.5%
- $23,380,000
- 7%
- $21,710,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $29,305,000
- AI Estimate
- $19,531,000
Market price range: $21.8M - $35.0MMarket price range: $8.93M - $25.9M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $27,090,000 Current use
- AUTO REPAIR, GARAGE
- $32,825,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $27,665,000 Change: +2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9475
- Latitude
- 36.0069
- 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
$190,729
$749,700
$12,923,642
$13,673,342
-
$749,700
$12,923,642
$13,673,342
