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Property profile & analytics
OFF-MARKET
Estimated value
$4,950,000
Office buildings
5704 Fayetteville Rd, Durham, NC 27713-9089
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1233322
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2005
Total area
11,845 SF
Lot
1.32 ac (57,499 SF)
Zoning code
OI
APN
148183
UPID
US53-1233322
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Duke Obstetrics & Gynecology Medical Clinic
-
Hannah Morgan Physician
-
Lori Haskins Polichnowski, FNP-C, MSN Physician
-
Dr. Stephanie Smeltzer Physician
-
The UNC Family Medicine Center at South Durham Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.95M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$4.95M
Owner & transaction history
Aw Unc Health LLC · 2 yrs held
Aw Unc Health LLC
since 2024
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
OI · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.9M
+76.3%
Restaurant
$5.1M
+50.3%
Auto repair, garage
$3.5M
+2.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,950,000
ML approach
$4,950,000
CAP Approach
CAP Return
Estimation
6%
$3,250,000
6.5%
$3,000,000
7%
$2,790,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,365,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,930,000
Change: +76% · Conversion: Easy
RESTAURANT
$5,055,000
Change: +50% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,455,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$4.95M
Range $4.46M – $5.45M · ±10% · vs last sale $4.95M (Jul 1 2024)
Last sale anchor
$4.95M
Jul 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$418 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$69,695
Tax year 2024
Assessed value
$4,996,382
Assessed 2024
Previous assessed
$4,996,382
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$869,391
Assessed improvement
$4,126,991
Land market value
$869,391
Improvement market value
$4,126,991
Total market value
$4,996,382
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
1
Total area
11,845 SF
Lot
1.32 ac (57,499 SF)
Zoning code
OI
APN
148183
UPID
US53-1233322
Jurisdiction
DURHAM
Zoning & alternative use
OI · Durham, NC
Zoning OI · permitted uses
OI · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.9M
RESTAURANT
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
YES
Cooling
Yes
Stories
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Aw Unc Health LLC
Entity
Mailing address
11780 US HWY 1ST STE #305, NORTH PALM BEACH, FL 33408-3042
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$4,948,000
Aw Unc Health LLC
Hta Dfc LLC
Warranty Deed
—
May 5, 2023
—
University Of Nc Health Care System
Healthcare Realty Services LLC
Assignment Of Lease (leasehold Sale)
—
Nov 10, 2016
$5,000,000
Hta-dfc LLC
Brickman Dfc LLC
Grant Deed
—
Jul 17, 2007
$6,300,000
Brickman Dfc LLC
Outfirst LLC
Grant Deed
—
Apr 24, 2006
$200,000
Gary M Hock Penn LLC
Ourfirst LLC
Grant Deed
—
Dec 8, 2004
$375,000
Ourfirst LLC
Greystone Dev LLC
Grant Deed
$375,000 · Greystone Dev LLC
—
—
Ourfirst LLC
—
Deed Of Trust
related
$3,100,000 · Regions Bk/fayette
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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