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Property profile & analytics

500 Main St Durham, NC 27701

  • Parking lots & garages
  • 303,996 SF
  • 0.98 lot acres
Value Estimations
$1,035,000
Cap Rate Potential
Location Intelligence
Property ID
US53-1447762
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

  • Museum of Durham History / Local History Museum / Tourist Attraction
  • ChargePoint Charging Station / Electric Vehicle Charging Station

Property Details for 500 Main St

Year built
1987
Lot size
0.98 lot acres
Property size
303,996 SF
Zone code
DD-S1
Property type
Parking lots & garages
APN
102897
APU
102897

Description

The Shops at Maizon offers exceptional retail opportunities within a vibrant downtown Durham location. This ground-floor commercial space, part of a new six-story luxury apartment building (248 units) developed by Zom Living, is slated for completion in Q3 2024. Two suites are available, ranging from 2,527 to 4,246 contiguous square feet, with a total of 6,773 square feet currently vacant within the 248,000 square foot building. The property boasts a highly desirable location along East Main Street, offering excellent visibility and signage opportunities. Its proximity to Duke University and the Research Triangle Park ensures a strong customer base within a rapidly growing area. The Shops at Maizon provides ample structured parking (932 spaces) for customers and features an attractive outdoor dining terrace with ample seating, ideal for food and beverage establishments. The space is well-suited for a variety of businesses, including food and beverage, health and beauty, fitness services, and soft retail goods. Attractive tenant improvement allowances are available. This is a unique chance to establish a presence in a thriving, upscale environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,035,000

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


Location Insight

  • Map
  • Local Demand
City
Durham
County
Durham
State
North Carolina
Longitude
-78.8957
Latitude
35.992
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
$599,984
$1,244,302
$39,713,040
$40,957,342
-
$1,244,302
$39,713,040
$40,957,342
More about this property
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