Property profile

4221 Garrett Rd Durham, NC 27707

OFF-MARKET
Super regional malls
Property ID
US53-0134229
24,500 SF 1.74 ac lot Built 1985
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1985
Total area 24,500 SF
Lot 1.74 ac (75,794 SF)
Zoning code CG
APN 140110
UPID US53-0134229

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Supply Store Home Health Care Service
  • Employment Agency
  • Training Center Vocational School
  • Physician
  • (Bike/Boat/Book/etc) Store Printing Service

Location

4221 Garrett Rd Durham, NC 27707-3467
Durham metro Census 2032 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
$354k
Blend (final) Blend
$580k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2006
$2.0M

Zoning & alternative use

CG · Durham, NC
Zoning description

The CG District is established to provide for a wide variety of commercial activities of varying scales that are designed to be served by major thoroughfares, and other similar high-volume rights-of-way. It is the intent…

General category COMMERCIAL

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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