Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3791 Alston Ave Durham, NC 27713-1803
    Back to Search
    Property profile & analytics

    3791 Alston Ave Durham, NC 27713-1803

    View on Map
    • Warehouses
    • 171,865 SF
    • 10.70 lot acres
    Off-Market
    Property ID
    US53-5696555
    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.
    Value Estimations
    $12,610,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bell and Howell, LLC / Production Facility
    • Hhonnor / Hotel & Motel
    • FedEx Drop Box / Postal Service / Courier Service

    Property Details for 3791 Alston Ave

    Year built
    1997
    Lot size
    10.70 lot acres
    Property size
    171,865 SF
    Zone code
    IL(D)
    Property type
    Warehouses
    APN
    157112
    APU
    157112

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,900,000
      Market price range: $1.28M - $19.3M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8868
    Latitude
    35.925
    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
    $154,635
    $1,569,700
    $9,516,036
    $11,085,736
    -
    $1,569,700
    $9,516,036
    $11,085,736

    Comparable in this City

    • Value Estimation
      $7,890,000
      81,170 SF

      455 Martin Luther King Pkwy

      MINI-WAREHOUSE, STORAGE • 81,170 SF
      455 Martin Luther King Pkwy, Durham, NC 27713-5447
      View Details
    • Value Estimation
      $8,545,000
      108,595 SF

      3871 Alston Ave

      WAREHOUSE, STORAGE • 108,595 SF
      3871 Alston Ave, Durham, NC 27713-1805
      View Details
    • Value Estimation
      $12,425,000
      169,712 SF

      2520 Tricenter Blvd

      WAREHOUSE, STORAGE • 169,712 SF
      2520 Tricenter Blvd, Durham, NC 27713-1852
      View Details
    • Value Estimation by Request
      1.24 Acres

      1875 Isenhour St

      STORAGE YARD (JUNK, SALVAGE) • 1.24 Acres
      1875 Isenhour St, Durham, NC 27713-1825
      View Details
    • Value Estimation
      $1,585,000
      19,646 SF

      444 Martin Luther King Pkwy

      WAREHOUSE, STORAGE • 19,646 SF
      444 Martin Luther King Pkwy, Durham, NC 27713
      View Details
    • Value Estimation
      $6,000,000
      14,586 SF

      2104 Nc Hwy 54

      WAREHOUSE, STORAGE • 14,586 SF
      2104 Nc Hwy 54, Durham, NC 27713-2206
      View Details

    Similar Nearby for Sale

    • $550,000

      RTP Light Industrial Property

      Light industrial property in RTP with office and storage space.
      2528 South Alston Ave, Durham, NC 27713
      View Details
    • $619,000

      RTP Land For Sale

      Approximately 10 acres of land in Durham City limits.
      2458 S Alston Ave, Durham, NC 27713
      View Details
    • $3,000,000

      Land For Sale Durham

      Land available for sale in Durham, North Carolina.
      7571 Nc Highway 751, Durham, NC 27713
      View Details
    • New
      $150,000
      0.92 Acres

      Wooded Homesite in Southwest Durham

      0.92-acre wooded homesite near Stagecoach and Farrington Roads.
      7412 Star Dr, Durham, NC 27713
      View Details
    • Contact for pricing
      8,986 SF

      Southpoint Professional Center Office Space

      Office space in Durham, close to Chapel Hill and RTP.
      249 E Nc Hwy 54- –, Durham, NC 27713
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,979 SF

      Flex Space in Durham, NC

      Flex space with shared and dedicated lab spaces available.
      801 Capitola Dr, Durham, NC 27713
      View Details
    • $4,500 /Mo
      Pending

      Durham Flex Space For Rent

      Flex space with accessibility to the Greater Triangle Area.
      2528 S Alston Ave, Durham, NC 27713
      View Details
    • Sponsored
      New
      Contact for pricing

      RTP Meridian

      Discover many ways to work your way in RTP Meridian
      2530 Floors, Durham, NC 27713
      View Details
    • Contact for pricing
      11,869 SF

      Durham Office Space For Rent

      Office space available in Durham, close to major transport routes.
      2800 Meridian Pkwy, Durham, NC 27713
      View Details
    • Contact for pricing

      Community Center in Durham

      Community center with pylon signage available for rent.
      3825 S Roxboro St, Durham, NC 27713
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3791 Alston Ave
    Durham, NC 27713-1803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3791 Alston Ave, Durham, NC, 27713
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!