Property profile

5200 Wake Frst Rd Durham, NC 27703

OFF-MARKET
Retail space
Property ID
US53-5449156
11,514 SF 2.23 ac lot Built 2019
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2019
Total area 11,514 SF
Lot 2.23 ac (97,139 SF)
Zoning code CC(D)
APN 166182
UPID US53-5449156

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5200 Wake Frst Rd Durham, NC 27703-3705
Durham metro Census 1808 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$3.06M

Owner & transaction history

since 2017
3 recorded transactions
2022
Price N/A
2017
$450,000
2010
$275,000

Zoning & alternative use

CC(D) · Durham, NC
Zoning description

The CC District is established to provide for orderlydevelopmentof commercial services in a unified setting on largeparcelsof land (generally over ten acres in size to serve residential neighborhoods within a three to fi…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $3.4M +18.7%
Apartment house (5+ units) $3.1M +8.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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