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    Property profile & analytics

    5011 Alston Ave Durham, NC 27713-4416

    • Garden apartment buildings
    • 97,058 SF
    • 11.51 lot acres
    OFF-MARKET
    Value Estimation
    $18,895,000
    Last Sale
    Sep 19, 2024
    $19,200,000
    Location Intelligence
    Property ID
    US53-5824451
    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

    • Triangle Park Apartments / Apartment Complex / Apartment Rental Agency
    • 3etechsolution / Event Technology Service
    • JLCStoneMasonry LLC / Manufacturer
    • Carpet Pro Cleaners / Carpet Cleaning Service / Upholstery Cleaning Service
    • Leasing Office - Triangle Park Apartments / Corporate Office

    Property Details for 5011 Alston Ave

    Year built
    1986
    Lot size
    11.51 lot acres
    Property size
    97,058 SF
    Zone code
    RS-M
    Property type
    Garden apartment buildings
    APN
    154032
    APU
    154032

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $19,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $19,975,000
      6.5%
      $20,430,000
      7%
      $18,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $16,160,000
      Geo Method
      $19,040,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $19,370,000
      Retail
      $16,465,000
      Mixed-Use
      $17,800,000
      Hospitality
      $19,585,000
      Educational
      $18,060,000
      Residential Income
      $17,805,000
      Energy
      $17,385,000
      Income-Based Land
      $18,030,000
      Food Service
      $19,885,000

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8855
    Latitude
    35.8921
    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
    $152,700
    $1,584,000
    $9,363,024
    $10,947,024
    -
    $1,584,000
    $9,363,024
    $10,947,024

    Comparable in this City

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      11,880 SF

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    • Value Estimation by Request
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    • Value Estimation by Request
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      1800 Southpoint Xing Dr

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    • Value Estimation by Request
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      5800 Tattersall Dr

      GARDEN APT, COURT APT (5+ UNITS) • 8,199 SF
      5800 Tattersall Dr, Durham, NC 27713-9020
      View Details
    • Value Estimation
      $15,915,000
      77,076 SF

      1516 Savannah Pl Dr

      GARDEN APT, COURT APT (5+ UNITS) • 77,076 SF
      1516 Savannah Pl Dr, Durham, NC 27713-8369
      View Details

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    5011 Alston Ave
    Durham, NC 27713-4416
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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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