Property profile

309 Queen St Durham, NC 27701

OFF-MARKET
Day care centers
Property ID
US53-2034772
8,329 SF 1.76 ac lot Built 1973
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1973
Total area 8,329 SF
Lot 1.76 ac (76,666 SF)
Zoning code DD-S2
APN 110534
UPID US53-2034772

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Social Service Agency
  • Daycare Center
  • Marketing & Advertising

Location

309 Queen St Durham, NC 27701-3445
Durham metro Census 1100 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$816k
Blend (final) Blend
$635k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2013
Price N/A

Zoning & alternative use

DD-S2 · Durham, NC
Zoning description

The Downtown Design (DD) District is established to encourage bicycling, pedestrian, and transit-orienteddevelopmentthrough regulations appropriate to the downtown area. It focuses on the form of the private and public r…

General category COMMERCIAL
Top alternative use upside
Industrial (general) $910,000 +45.2%
Office building $875,000 +39.8%
Retail stores $840,000 +34.5%

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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