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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Auto shops
606 United Dr Durham, NC 27713-1407
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0309334
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Total area
16,330 SF
Lot
3.33 ac (145,055 SF)
Zoning code
IL
APN
155635
UPID
US53-0309334
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
-
Gil's Automotive LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$675k
Owner & transaction history
Hansellco LLC · 12 yrs held
Hansellco LLC
since 2014
5 recorded transactions
Zoning & alternative use
IL · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to ensure suchdevelopmentis compatible with high visibility areas. Standards of this district are designed to minimize impacts on the environmen…
Zone name
Industrial Light
General category
INDUSTRIAL
Zone area
6,051.49 ac
Source
Realmo
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
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
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
$41 / 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
$16,476
Tax year 2024
Assessed value
$1,181,194
Assessed 2024
Previous assessed
$1,181,194
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$266,160
Assessed improvement
$915,034
Land market value
$266,160
Improvement market value
$915,034
Total market value
$1,181,194
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Heating
SPACE
Cooling
YES
Stories
1
Total area
16,330 SF
Lot
3.33 ac (145,055 SF)
Zoning code
IL
APN
155635
UPID
US53-0309334
Jurisdiction
DURHAM
Zoning & alternative use
IL · Durham, NCZoning IL · permitted uses
IL · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The IL District is established to provide for a wide range of light manufacturing, warehousing, and wholesaling activities as well asofficesand some support services, all subject to minimum design standards intended to ensure suchdevelopmentis compatible with high visibility areas. Standards of this district are designed to minimize impacts on the environment and to assure compatibility with the surrounding area. It is the intent of this district to offer sites for those industries whose operations, exposure, location or traffic have minimal impact onadjacentproperties.
Zone name
Industrial Light
General category
INDUSTRIAL
Zone area
6,051.49 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2005
Heating
SPACE
Cooling
Yes
Stories
1
Lot
3.33 ac
Current owner
From public records · entity-resolved
Hansellco LLC
Entity
Mailing address
217 PINEVIEW RD, DURHAM, NC 27707-2845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2020
—
Hansellco LLC
—
Deed
related
$527,000 · The Fidelity Bank
May 27, 2016
—
Hansellco LLC
—
Deed
related
$376,000 · First Citizens Bank
Jun 27, 2014
$550,000
Hansellco LLC
Mechanics And Farmers Bank
Special Warranty Deed
$467,500 · First Citizens Bank & Trust Co
Jan 10, 2011
$605,423
Mechanics Bk
Tucker,w S
Trustees Deed
related
—
Feb 10, 2004
$160,000
Allens Wrench
Avent,judith C
Warranty Deed
$350,000 · Central Carolina Bk
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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