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Property profile & analytics
OFF-MARKET
Estimated value
$16,820,000
Office buildings
4600 Emperor Blvd, Durham, NC 27703-8577
Entity Owned
14-yr Hold
Free & Clear
Property ID
US53-5343897
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
70,170 SF
Lot
9.76 ac (425,146 SF)
Zoning code
IP
APN
157960
UPID
US53-5343897
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
-
GoTriangle Freight Service Logistics Company
-
DCF 4 LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.79M
Comparable Approach
Comparable
$21.53M
Blend (final)
Blend
$16.82M
Owner & transaction history
Dcf IV LLC · 14 yrs held
Dcf IV LLC
since 2011
7 recorded transactions
Zoning & alternative use
IP · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$20.5M
+27.7%
Apartment house (5+ units)
$18.7M
+16.8%
Retail stores
$17.2M
+7.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$19,265,000
6.5%
$17,785,000
7%
$16,515,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,030,000
Current use
AUTO REPAIR, GARAGE
$20,465,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$18,715,000
Change: +17% · Conversion: Easy
RETAIL STORES
$17,245,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$17,055,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$16.82M
Range $15.14M – $18.50M · ±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
$240 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$12,677,430
Assessed 2023
Previous assessed
$12,677,430
+0.0% YoY
Assessed land
$1,008,254
Assessed improvement
$11,669,176
Land market value
$1,008,254
Improvement market value
$11,669,176
Total market value
$12,677,430
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Heating
YES
Cooling
YES
Stories
2
Total area
70,170 SF
Lot
9.76 ac (425,146 SF)
Zoning code
IP
APN
157960
UPID
US53-5343897
Jurisdiction
DURHAM
Zoning & alternative use
IP · Durham, NC
Zoning IP · permitted uses
IP · 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
OFFICE BUILDING Current
Est. value
$16.0M
AUTO REPAIR, GARAGE
Est. value
$20.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.7M
RETAIL STORES
Est. value
$17.2M
COMMERCIAL (GENERAL)
Est. value
$17.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1984
Heating
YES
Cooling
Yes
Stories
2
Lot
9.76 ac
Current owner
From public records · entity-resolved
Dcf IV LLC
Entity
Free & Clear · 14 yrs held
Mailing address
4600 EMPEROR BLVD STE #100, DURHAM, NC 27703-8578
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2011
$515,000
Dcf IV LLC
Glenkaren Associates INC
Grant Deed
—
Dec 20, 2011
$3,774,000
Research Triangle Regional Pub
Dcf IV LLC
Grant Deed
—
Dec 6, 2005
$3,000,000
Glenkaren Associates INC
Dcf IV LLC
Grant Deed
$1,800,000 · Suntrust Bk/tallahassee
Jun 11, 2004
—
Dcf IV LLC
—
Trustees Deed
related
$350,000 · Southern Bk
Jun 20, 2002
$3,100,000
Dcf IV LLC
Nortel,networks
Grant Deed
—
Jan 8, 2001
$12,942,000
Solectron Technology INC
Nortel Networks INC
Grant Deed
—
—
—
Dcf IV LLC
—
Deed Of Trust
related
$1,000,000 · Suntrust Bank NA
—
—
Dcf IV LLC
—
Deed Of Trust
related
$1,500,000 · Central Carolina Bk
—
—
Dcf IV LLC
—
Deed Of Trust
related
$1,500,000 · Central Carolina Bk
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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