Realmo Analytics
Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.
We will call you to discuss how Realmo analytics may help you.
Property summary
This exceptional investment opportunity presents a 3,910 square foot executive office condo located at 618 E Ramseur St, Durham, NC 27701. The property, a beautifully renovated historic structure (originally built in 1930 and completely updated in 2020), offers a compelling sale/leaseback arrangement with a 10-year absolute NNN lease in place, ensuring minimal owner responsibilities. The building boasts 100% occupancy and a strong net operating income (NOI) of $142,715, translating to an… attractive 6.00% capitalization rate. This Class B property is zoned DD-S1 and features ample on-site surface parking. The single-tenant lease provides consistent cash flow and a secure investment. Its prime downtown Durham location offers unparalleled convenience, just minutes from Duke University, Research Triangle Park, the new Apple RTP campus, and RDU Airport. The surrounding area is vibrant, with numerous restaurants, breweries, and easy access to the Durham Bulls Ballpark. This 39% condo interest in the aggregate property represents a rare opportunity to acquire a high-performing asset in a thriving market. The asking price is $2,400,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,450 SF
- Lot area
- 0.92 ac
- APN
- 102865
- Zoning
- DD-S1
- Assessed value · 2024
- $100
- Annual tax · 2023
- $1.00
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $1.00
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Durham market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The Downtown Design (DD) District is established to encourage bicycling, pedestrian, and transit-orienteddevelopmentthrough regulations appropriate to the downtown area. It focuses on the form of the private and public r…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.