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    Property profile & analytics

    901 Chalk Level Rd Durham, NC 27704-1666

    • Garden apartment buildings
    • 7,056 SF
    • 25.68 lot acres
    OFF-MARKET
    Value Estimation
    $12,505,000
    Last Sale
    Mar 31, 2022
    $13,350,000
    Location Intelligence
    Property ID
    US53-1909967
    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

    • SoHo Apartment Homes / Apartment Complex
    • Fqadu / Home Goods Store
    • Samuel store / Shoe Store
    • Apartments at Marquis Gardens / Apartment Rental Agency
    • No 1 Home Remodeling / Home Builder

    Property Details for 901 Chalk Level Rd

    Year built
    1972
    Lot size
    25.68 lot acres
    Property size
    7,056 SF
    Zone code
    RS-M
    Property type
    Garden apartment buildings
    APN
    125997
    APU
    125997

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $14,200,000
      6.5%
      $13,885,000
      7%
      $13,410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $14,850,000
      Geo Method
      $11,960,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $12,970,000
      Retail
      $12,845,000
      Mixed-Use
      $15,295,000
      Hospitality
      $13,520,000
      Educational
      $11,355,000
      Residential Income
      $13,430,000
      Energy
      $13,110,000
      Income-Based Land
      $13,315,000
      Food Service
      $13,820,000

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9112
    Latitude
    36.0494
    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
    $179,471
    $1,560,000
    $12,141,149
    $13,701,149
    -
    $1,560,000
    $12,141,149
    $13,701,149

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      4201 Delbert Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,000 SF
      4201 Delbert Ave, Durham, NC 27704-1688
      View Details
    • Value Estimation by Request
      14,456 SF

      501 Carver St

      GARDEN APT, COURT APT (5+ UNITS) • 14,456 SF
      501 Carver St, Durham, NC 27704-2163
      View Details
    • Value Estimation
      $480,000
      4,080 SF

      4202 Thames Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,080 SF
      4202 Thames Ave, Durham, NC 27704-8042
      View Details
    • Value Estimation by Request
      5,625 SF

      4801 Danube Ln

      GARDEN APT, COURT APT (5+ UNITS) • 5,625 SF
      4801 Danube Ln, Durham, NC 27704-1845
      View Details
    • Value Estimation
      $240,000
      4,200 SF

      4215 Delbert Ave

      GARDEN APT, COURT APT (5+ UNITS) • 4,200 SF
      4215 Delbert Ave, Durham, NC 27704-8033
      View Details
    • Value Estimation by Request
      17,088 SF

      4001 Meriwether Dr

      GARDEN APT, COURT APT (5+ UNITS) • 17,088 SF
      4001 Meriwether Dr, Durham, NC 27704-2798
      View Details

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      Class A Office Space

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    Durham, NC 27704-1666
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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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