4835 Hope Vly Rd Durham, NC 27707-5619
Property profile & analytics
4835 Hope Vly Rd Durham, NC 27707-5619
- Grocery and convenience stores
- 2,400 SF
- 0.61 lot acres
Property ID
US53-1303500
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.
Location Intelligence
Current Use by Public Records
- ATM (Kangaroo Express) / Atm
- Bitcoin Depot | Bitcoin ATM / Atm
- Bitcoin Depot ATM / Atm
Property Details for 4835 Hope Vly Rd
- Year built
- 1982
- Lot size
- 0.61 lot acres
- Property size
- 2,400 SF
- Zone code
- CN
- Property type
- Grocery and convenience stores
- APN
- 135708
- APU
- 135708
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,400 square foot TD Bank located in Durham, NC. The property sits on a 0.62-acre corner lot at a highly visible, lighted intersection of Hwy 54 (17K VPD) and Hwy 751 (19K VPD), offering excellent ingress and egress. The building, constructed in 2024, is a state-of-the-art prototype for TD Bank, a Fortune 500 company with an AA- S&P rating. The absolute NNN ground lease boasts a 10-year term commencing April 1, 2025, and includes four five-year renewal options with a 10% rent increase every five years. The current Net Operating Income (NOI) is $209,500, yielding a 5.25% cap rate. This investment benefits from the robust growth of the Triangle region, including a 5.6% population increase since 2020, and its proximity to Research Triangle Park (RTP), the nation's largest research park. The property is also situated within a thriving retail node with over 621,000 square feet of retail space within a one-mile radius and a 0.3% vacancy rate. Nearby retailers include Harris Teeter, Taco Bell, Fifth Third Bank, and Advance Auto Parts. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a creditworthy tenant in a prime location. The asking price is $3,990,000.
Value Estimations
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9604
- Latitude
- 35.9193
- 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
$12,489
$660,881
$234,478
$895,359
-
$660,881
$234,478
$895,359
