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    Property profile & analytics

    4623 Hillsborough Rd Durham, NC 27705-2343

    • Grocery and convenience stores
    • 54,102 SF
    • 5.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0343874
    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

    • Dollar General / Dollar Store / Discount Store
    • Western Union / Money Transfer Service / Money Order Service

    Property Details for 4623 Hillsborough Rd

    Year built
    1995
    Lot size
    5.65 lot acres
    Property size
    54,102 SF
    Zone code
    CC(D)
    Property type
    Grocery and convenience stores
    APN
    175414
    APU
    175414

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9796
    Latitude
    36.0321
    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
    $63,448
    $831,500
    $3,717,047
    $4,548,547
    -
    $831,500
    $3,717,047
    $4,548,547

    Comparable in this City

    • Value Estimation by Request
      48,270 SF

      1501 Horton Rd

      GROCERY, SUPERMARKET • 48,270 SF
      1501 Horton Rd, Durham, NC 27705-2005
      View Details
    • Value Estimation
      $300,000
      1,428 SF

      2508 Hillsborough Rd

      CONVENIENCE STORE • 1,428 SF
      2508 Hillsborough Rd, Durham, NC 27705-4042
      View Details
    • Value Estimation
      $315,000
      1,408 SF

      2905 Hillsborough Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,408 SF
      2905 Hillsborough Rd, Durham, NC 27705-4047
      View Details
    • Value Estimation
      $380,000
      1,700 SF

      3301 Guess Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,700 SF
      3301 Guess Rd, Durham, NC 27705-2105
      View Details
    • Value Estimation
      $465,000
      1,800 SF

      1815 Hillandale Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 1,800 SF
      1815 Hillandale Rd, Durham, NC 27705-2649
      View Details
    • Value Estimation by Request
      1,891 SF

      1922 Main St

      CONVENIENCE STORE (W/FUEL PUMP) • 1,891 SF
      1922 Main St, Durham, NC 27705-4838
      View Details

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    • $14 SF/Yr
      117,906 SF

      North Pointe Retail Space Available

      Prime Durham retail space, 117,906 sq ft.
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      71,652 SF

      Westside Bottling: Prime Retail Space

      Durham retail center: high-traffic, flexible space.
      3214 Hillsborough Rd, Durham, NC 27705
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    • $24 SF/Yr
      118,000 SF

      Erwin Terrace I Retail Space

      Durham, NC Corner Retail Space Available
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    Property Visit Statistics

    • Visits by month
      43.1k
    • Visitors by month
      21.3k
    • Avg Time on site
      19 min
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    4623 Hillsborough Rd
    Durham, NC 27705-2343
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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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