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    Property profile & analytics

    4607 Alston Ave Durham, NC 27713-4418

    • Drive through restaurants
    • 3,426 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimation
    $1,000,000
    Last Sale
    Jun 10, 2024
    $987,500
    Location Intelligence
    Property ID
    US53-2326770
    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.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 4607 Alston Ave

    Year built
    1986
    Lot size
    1.17 lot acres
    Property size
    3,426 SF
    Zone code
    CN
    Property type
    Drive through restaurants
    APN
    154158
    APU
    154158

    Description

    This exceptional 3,426 square foot former Hardee's restaurant presents a unique leasing opportunity in Durham, NC. Situated on a highly visible corner lot (1.17 acres) at 4607 S Alston Ave, 27713, this property benefits from significant daily traffic counts and excellent accessibility from both directions of the street. The building features a fully operational drive-through lane, perfect for quick-service businesses, along with ample on-site parking to accommodate customers. The flexible zoning allows for a variety of commercial uses, including restaurants, cafes, and retail stores. Excellent signage opportunities exist on both sides of the property, maximizing brand visibility. This prime location is surrounded by national retailers and thriving businesses, creating a strong retail synergy within a densely populated and growing area. The property's established infrastructure and high-traffic location offer immediate potential for success. Don't miss this chance to establish your business in a thriving Durham neighborhood.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,080,000
      6.5%
      $1,070,000
      7%
      $965,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,035,000
      Geo Method
      $1,020,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $995,000
      Retail
      $1,120,000
      Mixed-Use
      $1,125,000
      Hospitality
      $1,095,000
      Educational
      $870,000
      Residential Income
      $940,000
      Energy
      $1,040,000
      Income-Based Land
      $1,025,000
      Food Service
      $980,000

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8885
    Latitude
    35.9003
    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
    $15,414
    $542,250
    $562,809
    $1,105,059
    -
    $542,250
    $562,809
    $1,105,059

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation by Request
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      4819 Nc Hwy 55

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,900 SF
      4819 Nc Hwy 55, Durham, NC 27713-2258
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    • Value Estimation
      $3,090,000
      3,633 SF

      920 Martin Luther King Pkwy

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      920 Martin Luther King Pkwy, Durham, NC 27713-3450
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    • Value Estimation by Request
      4,486 SF

      3844 Roxboro St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,486 SF
      3844 Roxboro St, Durham, NC 27713-2797
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    • Value Estimation
      $1,010,000
      2,763 SF

      2115 Nc Hwy 54

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,763 SF
      2115 Nc Hwy 54, Durham, NC 27713-2205
      View Details

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    4607 Alston Ave
    Durham, NC 27713-4418
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    Realmo Value Estimation

    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.

    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.

    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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