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    Property profile & analytics

    618 Ramseur St, Unit A3 Durham, NC 27701-4686

    • Manufacturing properties
    • 2,128 SF
    OFF-MARKET
    Value Estimation
    $2,840,000
    Last Sale
    Feb 08, 2023
    $2,400,000
    Location Intelligence
    Property ID
    US53-2617800
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nata Bozymski / Real Estate Agent
    • Tammi Brooks, Inhabit Real Estate / Real Estate Agent
    • Arden Shelton, REALTOR® / Real Estate Agent
    • Kirsten Boleyn REALTOR® / Real Estate Agent
    • Leigh Brantley REALTOR® / Real Estate Agent / Real Estate Consultant

    Property Details for 618 Ramseur St

    Year built
    1925
    Property size
    2,128 SF
    Property type
    Manufacturing properties
    APN
    225572
    APU
    225572

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,990,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,565,000
      6.5%
      $2,465,000
      7%
      $2,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,425,000
      Geo Method
      $2,155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,320,000
      Retail
      $2,200,000
      Mixed-Use
      $2,740,000
      Hospitality
      $2,795,000
      Educational
      $2,360,000
      Residential Income
      $2,545,000
      Energy
      $2,285,000
      Income-Based Land
      $2,350,000
      Food Service
      $2,595,000

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.8961
    Latitude
    35.9897
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,636
    $0.00
    $384,720
    $384,720
    -
    $0.00
    $384,720
    $384,720

    Comparable in this City

    • Value Estimation
      $2,850,000
      1,513 SF

      618 Ramseur St, Unit A1

      MANUFACTURING (LIGHT) • 1,513 SF
      618 Ramseur St, Durham, NC 27701-4686
      View Details
    • Value Estimation
      $425,000
      3,516 SF

      618 Ramseur St, Unit B

      MANUFACTURING (LIGHT) • 3,516 SF
      618 Ramseur St, Durham, NC 27701-4686
      View Details
    • Value Estimation by Request
      1,450 SF

      207 Holman St

      MANUFACTURING (LIGHT) • 1,450 SF
      207 Holman St, Durham, NC 27701-4205
      View Details
    • Value Estimation
      $500,000
      10,500 SF

      1214 Avondale Dr

      MANUFACTURING (LIGHT) • 10,500 SF
      1214 Avondale Dr, Durham, NC 27701-2357
      View Details
    • Value Estimation
      $410,000
      3,864 SF

      328 Roney St

      MANUFACTURING (LIGHT) • 3,864 SF
      328 Roney St, Durham, NC 27701
      View Details
    • Value Estimation
      $690,000
      27,090 SF

      812 Mallard Ave

      MANUFACTURING (LIGHT) • 27,090 SF
      812 Mallard Ave, Durham, NC 27701-2687
      View Details

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      Prime Durham retail space, 2 suites available.
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      View Details
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    Durham, NC 27701-4686
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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