Property profile

6251 Herndon Rd Durham, NC 27713

OFF-MARKET
Turn key restaurants
Property ID
US53-0296985
6,050 SF 0.96 ac lot Built 2011
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2011
Total area 6,050 SF
Lot 0.96 ac (41,818 SF)
Zoning code CG
APN 149603
UPID US53-0296985

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6251 Herndon Rd Durham, NC 27713-6758
Durham metro Census 2021 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$785k

Owner & transaction history

since 2012
6 recorded transactions
2017
Price N/A
2012
$4.9M
2011
$2.3M
2004
$1.4M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Durham, NC
Zoning description

The CG District is established to provide for a wide variety of commercial activities of varying scales that are designed to be served by major thoroughfares, and other similar high-volume rights-of-way. It is the intent…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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