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    Property profile & analytics

    3200 Shannon Rd Durham, NC 27707-3524

    • Banks
    • 3,331 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-5823289
    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

    • Bank of America ATM (Drive-thru) / Atm
    • Bank of America (with Drive-thru ATM) / Bank / Financial Consultant

    Property Details for 3200 Shannon Rd

    Year built
    1983
    Lot size
    0.92 lot acres
    Property size
    3,331 SF
    Zone code
    OI
    Property type
    Banks
    APN
    137088
    APU
    137088

    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
    -78.9556
    Latitude
    35.9655
    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
    $14,081
    $460,000
    $549,486
    $1,009,486
    -
    $460,000
    $549,486
    $1,009,486

    Comparable in this City

    • Value Estimation by Request
      3,564 SF

      4709 Hope Vly Rd

      FINANCIAL BUILDING • 3,564 SF
      4709 Hope Vly Rd, Durham, NC 27707-5617
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    • Value Estimation by Request
      0.07 Acres

      900 Cornwallis Rd

      FINANCIAL BUILDING • 0.07 Acres
      900 Cornwallis Rd, Durham, NC 27707-2818
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    • Value Estimation by Request
      6,696 SF

      2821 Durham Chapel Hl Blvd

      FINANCIAL BUILDING • 6,696 SF
      2821 Durham Chapel Hl Blvd, Durham, NC 27707-2871
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    • Value Estimation by Request
      9,446 SF

      4055 Durham Chapel Hl Blvd

      FINANCIAL BUILDING • 9,446 SF
      4055 Durham Chapel Hl Blvd, Durham, NC 27707-2516
      View Details
    • Value Estimation by Request
      4,186 SF

      3016 Shannon Rd

      FINANCIAL BUILDING • 4,186 SF
      3016 Shannon Rd, Durham, NC 27707-2591
      View Details
    • Value Estimation by Request
      5,105 SF

      3506 University Dr

      FINANCIAL BUILDING • 5,105 SF
      3506 University Dr, Durham, NC 27707-2636
      View Details

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      Under half-acre buildable lot in Hope Valley North subdivision.
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    Similar Nearby for Lease

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      Retail space available in a power center location.
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      Durham Retail Space For Lease

      Prime Durham retail shop, 3600 sq ft available.
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      Retail Space in Growing Durham

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    • $26 SF/Yr
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      Patterson Place Power Center

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    • $32 SF/Yr
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      Downtown Durham Office Space

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    Property Visit Statistics

    • Visits by month
      13.8k
    • Visitors by month
      7.7k
    • Avg Time on site
      10 min
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    3200 Shannon Rd
    Durham, NC 27707-3524
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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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