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Property profile & analytics
FOR LEASE
Super regional malls
3825 S Roxboro St, Durham, NC 27713
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1485570
For Lease
1 / 6
$20 SF/Yr
3825 S Roxboro St, Durham, NC 27713
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Property summary
AI-generated overview
The Shoppes of Hope Valley, located at 3825 S Roxboro St in Durham, NC 27713, offers prime retail and restaurant space for lease. This multi-tenant property boasts a total of 128,000 square feet, with 13,080 square feet currently vacant and available for lease. Units range in size from a minimum of 1,575 square feet to a maximum contiguous space of 1,840 square feet, providing flexibility for various business needs. Ample parking is available with a generous 5:1,000 square foot parking ratio, totaling 697 spaces for customer and employee convenience. The property is situated in Durham County, North Carolina, offering excellent access to a thriving community and strong consumer base. This is an exceptional opportunity for businesses seeking high-visibility retail space in a desirable location. The property is classified as Commercial, with a Multiple Tenancy structure. Interested parties should inquire about available unit specifics and lease terms.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2002
Total area
116,968 SF
Lot
16.65 ac (725,274 SF)
Zoning code
CC(D)
APN
145719
UPID
US53-1485570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dog Galore Academy LLC Animal Training
-
Superior Insurance Insurance Agency
-
Roslyn Muse Pharmacy
-
N.C. Division of Motor Vehicles Law Firm
-
David G. Pace, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.64M
Owner & transaction history
Hope Valley Improvements LLC · 21 yrs held
Hope Valley Improvements LLC
since 2005
2 recorded transactions
Zoning & alternative use
CC(D) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,905,000
Current use
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$14 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$198,138
Tax year 2024
Assessed value
$15,126,226
Assessed 2024
Previous assessed
$15,126,226
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$3,012,750
Assessed improvement
$12,113,476
Land market value
$3,012,750
Improvement market value
$12,113,476
Total market value
$15,126,226
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
2002
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
116,968 SF
Lot
16.65 ac (725,274 SF)
Zoning code
CC(D)
APN
145719
UPID
US53-1485570
Jurisdiction
DURHAM
Zoning & alternative use
CC(D) · Durham, NC
Zoning CC(D) · permitted uses
CC(D) · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
16.65 ac
Current owner
From public records · entity-resolved
Hope Valley Improvements LLC
Entity
Mailing address
200 E MAIN ST, DURHAM, NC 27701-3649
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2005
$18,500,000
Hope Valley Improvements LLC
Kimco Hope Valley
Grant Deed
related
$15,350,000 · Citigroup Global Markets Rlty
—
—
Wood Durham Center LLC
—
Loan Modification
related
$10,500,000 · Pnc Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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