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Property profile & analytics
OFF-MARKET
Estimated value
$2,915,000
Industrial properties
6801 Mt Hermon Church Rd C, Durham, NC 27705-8318
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2296682
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1976
Total area
40,012 SF
Lot
3.82 ac (166,399 SF)
Zoning code
EDD/R1
APN
9893-41-1934
UPID
US53-2296682
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
-
Formax Properties Hardware & Home Improvement Real Estate Agency
-
McFarland Septic Plumbing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$2.92M
Owner & transaction history
Sme 6801 LLC · 4 yrs held
Sme 6801 LLC
since 2021
Last sale
$2.6M
5 recorded transactions
Zoning & alternative use
EDD/R1 · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,795,000
ML approach
$3,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.92M
Range $2.62M – $3.21M · ±10% · vs last sale $2.60M (Nov 5 2021)
Last sale anchor
$2.60M
Nov 5 2021
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
$73 / 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
$25,113
Tax year 2024
Assessed value
$2,541,500
Assessed 2024
Previous assessed
$2,541,500
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$378,200
Assessed improvement
$2,163,300
Land market value
$378,200
Improvement market value
$2,163,300
Total market value
$2,541,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1976
Heating
YES
Buildings
2
Stories
1
Total area
40,012 SF
Lot
3.82 ac (166,399 SF)
Zoning code
EDD/R1
APN
9893-41-1934
UPID
US53-2296682
Jurisdiction
ORANGE
Zoning & alternative use
EDD/R1 · Durham, NC
Zoning EDD/R1 · permitted uses
EDD/R1 · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
YES
Stories
1
Buildings
2
Lot
3.82 ac
Current owner
From public records · entity-resolved
Sme 6801 LLC
Entity
Mailing address
6801 MT HERMON CHURCH RD UNIT C, DURHAM, NC 27705-8318
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Nov 5, 2021
$2,600,000
Sme 6801 LLC
Formax Properties LLC
Warranty Deed
$1,850,000 · Formax Properties LLC
Aug 26, 2019
—
Formax Properties LLC
Jefferies,richard
Warranty Deed
related
—
Apr 5, 2010
$500,000
Waylon Mcfarland
Stock Building Supply LLC
Warranty Deed
—
Apr 5, 2010
—
Formax Properties LLC
Mcfarland,waylon & Sonya L
Warranty Deed
$450,000 · Jesse E Miller
—
—
Formax Properties LLC
—
Deed Of Trust
related
$400,000 · Communityone Bank
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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