Financial
Distress signals
Property profile

604 Downing St Durham, NC 27705

OFF-MARKET
High-rise multifamily apartments
Property ID
US53-2064917
416,469 SF 3.85 ac lot Built 2010
Last sale Dec 2022 · $100,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$879k
Tax billed · 2024
Assessed value$63.76M
Assessed land$5.19M
Assessed improvement$58.57M
Effective rate1.38%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 151 recorded sales of this use type
Observed band · Q1–Q3$150 – $1,470

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU(D)
The MU District is established to provide innovative opportunities for an integration of diverse but compatible uses into a singledevelop...
General categoryMIXED_USE
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Smoke and Vape Shop9.8
Electrical Service9.7

Location

604 Downing St Durham, NC 27705
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Swift, Durham, NC 27705-4829 $50,000,000 Oct 2024 125,552 SF
1603 Erwin, Durham, NC 27705 $42,714,719 Jan 2024 5,216 SF
2900 Erwin, Durham, NC 27705-4503 $3,850,000 Apr 2022 No data
3130 Hillandale, Durham, NC 27705-2273 $65,900,000 Mar 2020 12,440 SF
2610 Erwin, Durham, NC 27705-3853 $65,000,000 Nov 2019 153,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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