Property profile

823 Broad St Durham, NC 27705

OFF-MARKET
Office buildings
Property ID
US53-0890248
2,816 SF 0.16 ac lot Built 1996
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1996
Total area 2,816 SF
Lot 0.16 ac (6,970 SF)
Zoning code CD-S2
APN 101807
UPID US53-0890248

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Veterinary Clinic
  • Physician Medical Clinic
  • Physician
  • Physician

Location

823 Broad St Durham, NC 27705-4137
Durham metro Census 402 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$715k
Comparable Approach Comparable
$742k
Blend (final) Blend
$335k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
1969
Price N/A

Zoning & alternative use

CD-S2 · Durham, NC
Zoning description

The Compact Design (CD) District is intended to encouragedevelopmentof appropriate urbanstreetscapeand form through bicycling, pedestrian, and transit-orienteddevelopmentthrough various sub-districts similar to the Downt…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $820,000 +53.0%
Retail stores $690,000 +28.9%
Commercial (general) $680,000 +26.2%

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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