Property profile

3501 Forrest Ave Efland, NC 27243

OFF-MARKET
Office buildings
Property ID
US53-2375020
1,216 SF 1.43 ac lot Built 1971
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Total area 1,216 SF
Lot 1.43 ac (62,291 SF)
Zoning code I2/NC2/R1
APN 9844-97-6945
UPID US53-2375020

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
  • Hardware & Home Improvement Production Facility

Location

3501 Forrest Ave Efland, NC 27243-9475
Efland metro Census 11103 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
$310k
Comparable Approach Comparable
$500k
Blend (final) Blend
$465k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

I2/NC2/R1 · Efland, NC
Top alternative use upside
Commercial (general) $660,000 +33.0%

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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