Property profile

4023 Wake Frst Rd Durham, NC 27703

OFF-MARKET
Golf courses & driving ranges
Property ID
US53-1971495
7,849 SF 69.9 ac lot Built 2001
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Golf courses & driving ranges
Use group GOLF COURSE
Year built 2001
Total area 7,849 SF
Lot 69.9 ac (3,044,844 SF)
Zoning code PDR 1.630
APN 166841
UPID US53-1971495

Cap rate & NOI

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

Location

4023 Wake Frst Rd Durham, NC 27703-3609
Durham metro Census 1811 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.32M

Owner & transaction history

since 2024
Last sale
$2.3M
1 recorded transaction
2024
$4.3M

Zoning & alternative use

PDR 1.630 · Durham, NC
Top alternative use upside
Commercial (general) $1.6M +194.5%
Restaurant $1.5M +179.1%

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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