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    4521 Roxboro St Durham, NC 27704-1831
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    Property profile & analytics

    4521 Roxboro St Durham, NC 27704-1831

    View on Map
    • Drive through restaurants
    • 3,224 SF
    • 0.84 lot acres
    Off-Market
    Property ID
    US53-1937526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bojangles / Restaurant

    Property Details for 4521 Roxboro St

    Year built
    1984
    Lot size
    0.84 lot acres
    Property size
    3,224 SF
    Zone code
    CG
    Property type
    Drive through restaurants
    APN
    127779
    APU
    127779

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9036
    Latitude
    36.0582
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,317
    $309,167
    $573,802
    $882,969
    -
    $309,167
    $573,802
    $882,969

    Comparable in this City

    • Value Estimation
      $1,150,000
      1,395 SF

      3400 Roxboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,395 SF
      3400 Roxboro St, Durham, NC 27704-3258
      View Details
    • Value Estimation by Request
      2,877 SF

      4313 Roxboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,877 SF
      4313 Roxboro St, Durham, NC 27704
      View Details
    • Value Estimation
      $650,000
      4,158 SF

      4301 Roxboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,158 SF
      4301 Roxboro St, Durham, NC 27704-1827
      View Details
    • Value Estimation by Request
      2,100 SF

      2115 Avondale Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,100 SF
      2115 Avondale Dr, Durham, NC 27704-4311
      View Details
    • Value Estimation by Request
      2,290 SF

      4300 Roxboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,290 SF
      4300 Roxboro St, Durham, NC 27704-1828
      View Details
    • Value Estimation by Request
      2,143 SF

      2003 Roxboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,143 SF
      2003 Roxboro St, Durham, NC 27704
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,088 SF

      Durham Restaurant with Drive-Thru

      Commercial building with drive-thru, ideal for restaurant or redevelopment.
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      1,800 SF

      High-Traffic Auto Shop with Bays

      Auto shop with bays, offices, and storage in Durham.
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      2,640 SF

      Durham Investment Opportunity For Sale

      Tenant occupied automotive and light industrial property in Durham.
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      2,640 SF

      Durham Automotive/Retail Opportunity

      Vacant property in Durham with high visibility and strong potential.
      901 E Trinity Ave, Durham, NC 27704
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    • $730,000
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      Durham Commercial Investment Opportunity

      Tenant-occupied commercial property in Durham with high visibility.
      901 E Trinity Ave, Durham, NC 27704
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    • $1,300,000
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      Durham Commercial Land Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      22,425 SF

      North Durham Retail Space Available

      Retail and restaurant spaces available in North Durham power center.
      3500 North Roxboro St, Durham, NC 27704
      View Details
    • $3,000 /Mo
      2,400 SF

      Retail Space on N Duke

      Retail space available for rent on N Duke Street.
      3925 N Duke St, Durham, NC 27704
      View Details
    • Contact for pricing

      Walmart Anchored Retail Space Available

      Retail space and outparcels available in Durham shopping center.
      1525 Glenn School Rd, Durham, NC 27704
      View Details
    • $20 SF/Yr
      2,408 SF

      Roxboro Road Professional Office Space

      Office space ideal for professional services and medical offices.
      4210 N Roxboro St, Durham, NC 27704
      View Details
    • $58 SF/Yr

      Individual Executive Offices For Rent

      Executive offices in Durham with utilities included and short-term leases.
      4210 N Roxboro St, Durham, NC 27704
      View Details
    • Contact for pricing

      Medical Office Space For Lease

      Second generation medical office space available for lease.
      4020 N Roxboro St, Durham, NC 27704
      View Details

    Property Visit Statistics

    • Visits by month
      44.3k
    • Visitors by month
      27.0k
    • Avg Time on site
      14 min
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    Durham, NC 27704-1831
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    4521 Roxboro St, Durham, NC, 27704
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