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Financial
Distress signals
Property profile

4215 University Dr Durham, NC 27707

OFF-MARKET
Super regional malls
Property ID
US53-1941060
166,370 SF 14.65 ac lot Built 1983
Last sale Oct 2005 · $14,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Parkway Plaza is a retail shopping center located on University Drive at Martin Luther King (MLK) Parkway in Durham, North Carolina, within a retail-oriented corridor near the intersection of University Drive and Martin Luther King, Jr. Parkway. The center provides multiple points of ingress and egress, including a signalized entrance across from Westgate Drive, and it is positioned in proximity to Hwy 15-501 (Durham–Chapel Hill Blvd) and I-40. The tenant mix has included a variety of retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$239k
Tax billed · 2024
Assessed value$17.16M
Assessed land$3.91M
Assessed improvement$13.25M
Effective rate1.39%

Value estimate

· Oct 2026
$2.01M
$1.81M – $2.21M
AI approach$1.33M
Submarket $/SF estimate$2.70M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC(D)
The CC District is established to provide for orderlydevelopmentof commercial services in a unified setting on largeparcelsof land (gener...
General categoryCOMMERCIAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.8
Wholesale Shop19.2
HVAC Service17.5

Location

4215 University Dr Durham, NC 27707-2544
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
401 Lakewood, Durham, NC 27707-1700 $41,245,500 Jun 2022 69,258 SF
4015 University, Durham, NC 27707-2548 $7,600,000 Jul 2021 26,891 SF
5453 New Hope Cmns, Durham, NC 27707 $1,250,000 Feb 2019 419,416 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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