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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Specialty properties
4350 Garrett Rd, Durham, NC 27707-3432
Entity Owned
~
Est. High Equity
Property ID
US53-1314538
Property summary
AI-generated overview
This ±2.82-acre commercial lot presents a rare infill opportunity in Durham, North Carolina. Located at 4350 Garrett Road, this property boasts exceptional access to the 15-501 corridor, placing it between Durham and Chapel Hill. The site is conveniently situated near the intersection with Durham-Chapel Hill Boulevard, providing high visibility and easy access for businesses. The property is zoned Commercial General (D), offering flexibility for a variety of commercial developments. Its adjacency to Go Dog Day Care & Boarding further enhances its appeal. The location offers convenient access to major transportation arteries, including proximity to I-40 (approximately 1.5 miles) and I-85 (approximately 5 miles) via the 15-501 corridor. Downtown Durham is approximately 5 miles away, and Chapel Hill is approximately 2 miles away. The asking price for this exceptional property is $1,400,000. The property's APN is 140087. This is a truly unique opportunity to acquire a strategically located commercial parcel in a thriving area.
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1998
Total area
9,738 SF
Lot
20.12 ac (876,427 SF)
Zoning code
CG(D),RR(D),RS-20(D)
APN
140087
UPID
US53-1314538
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
-
GoDog Durham Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$820k
Owner & transaction history
Better Than Home INC
Better Than Home INC
since 2025
7 recorded transactions
Zoning & alternative use
CG(D),RR(D),RS-20(D) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+46.5%
Restaurant
$990,000
+20.5%
Industrial (general)
$955,000
+16.2%
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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$825,000
Current use
AUTO REPAIR, GARAGE
$1,205,000
Change: +47% · Conversion: Difficult
RESTAURANT
$990,000
Change: +21% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$955,000
Change: +16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$785,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$705,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$84 / 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
$28,972
Tax year 2024
Assessed value
$2,076,991
Assessed 2024
Previous assessed
$2,076,991
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$673,330
Assessed improvement
$1,403,661
Land market value
$673,330
Improvement market value
$1,403,661
Total market value
$2,076,991
Applied tax rate
100.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Total area
9,738 SF
Lot
20.12 ac (876,427 SF)
Zoning code
CG(D),RR(D),RS-20(D)
APN
140087
UPID
US53-1314538
Jurisdiction
DURHAM
Zoning & alternative use
CG(D),RR(D),RS-20(D) · Durham, NC
Zoning CG(D),RR(D),RS-20(D) · permitted uses
CG(D),RR(D),RS-20(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
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$990,000
INDUSTRIAL (GENERAL)
Est. value
$955,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$785,000
RETAIL STORES
Est. value
$705,000
VETERINARY, ANIMAL HOSPITAL Current
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
20.12 ac
Current owner
From public records · entity-resolved
Better Than Home INC
Entity
Mailing address
4350 GARRETT RD, DURHAM, NC 27707-3432
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Better Than Home INC
Tuesday Twosomes LLC
Deed
—
Nov 23, 2021
—
Dognapit INC
Tuesday Twosomes LLC
Lease
$3,917,000 · Pinnacle Bank
May 26, 2017
—
Tuesday Twosomes LLC
—
Deed
related
$2,640,000 · First South Bank
Feb 20, 2013
$425,000
Tuesday Twosomes LLC
Builders Of Hope INC
Warranty Deed
$297,500 · Vantagesouth Bank
May 5, 2011
$34,000
Builders Of Hope INC
Joyner R/e Holdings IV LLC
Warranty Deed
—
Apr 6, 2011
—
Joyner R/e Holdings IV LLC
Joyner Barney G Family Trust
Quit Claim Deed
—
—
—
Tuesday Twosomes LLC
—
Deed Of Trust
related
$2,720,000 · Vantagesouth Bank
—
—
Builders Of Hope INC
—
Deed Of Trust
related
$1,550,000 · Consumer Education Svcs INC
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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