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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Grocery and convenience stores
4130 Alston Ave Durham, NC 27713-1833
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1305555
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1968
Total area
3,255 SF
Lot
1.1 ac (47,916 SF)
Zoning code
OI
APN
157178
UPID
US53-1305555
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
-
First Choice Medical Transport Ambulance Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$398k
Blend (final)
Blend
$600k
Owner & transaction history
Rcm Partners LLC · 5 yrs held
Rcm Partners LLC
since 2021
Last sale
$600,000
1 recorded transaction
Zoning & alternative use
OI · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The OI District is established for employment and community service activities. Some support facilities and residential uses are also allowed when compatible with surrounding uses. The OI district is designed for use on sites that have convenient access to arterials, sincedevelopmentof moderate to high intensity is allowed.
Zone name
Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
1,733.91 ac
Source
Realmo
Top alternative use upside
Office building
$550,000
+940.5%
Auto repair, garage
$455,000
+755.4%
Commercial (general)
$390,000
+639.4%
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
$645,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$735,000
7%
$685,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$550,000
Change: +940% · Conversion: Moderate
AUTO REPAIR, GARAGE
$455,000
Change: +755% · Conversion: Difficult
COMMERCIAL (GENERAL)
$390,000
Change: +639% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (May 18 2021)
Last sale anchor
$600k
May 18 2021
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
$184 / 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
$4,780
Tax year 2024
Assessed value
$342,706
Assessed 2024
Previous assessed
$342,706
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$223,550
Assessed improvement
$119,156
Land market value
$223,550
Improvement market value
$119,156
Total market value
$342,706
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1968
Heating
YES
Cooling
YES
Stories
1
Total area
3,255 SF
Lot
1.1 ac (47,916 SF)
Zoning code
OI
APN
157178
UPID
US53-1305555
Jurisdiction
DURHAM
Zoning & alternative use
OI · Durham, NCZoning OI · permitted uses
OI · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The OI District is established for employment and community service activities. Some support facilities and residential uses are also allowed when compatible with surrounding uses. The OI district is designed for use on sites that have convenient access to arterials, sincedevelopmentof moderate to high intensity is allowed.
Zone name
Office And Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
1,733.91 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$455,000
COMMERCIAL (GENERAL)
Est. value
$390,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1968
Heating
YES
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Rcm Partners LLC
Entity
Mailing address
123 SUMMER LKS DR, CARY, NC 27513-3419
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2021
$600,000
Rcm Partners LLC
Howard Ray Inscoe
Warranty Deed
$501,500 · First National Bank Of Pennsylvania
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.
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