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Property profile & analytics
OFF-MARKET
Estimated value
$3,155,000
Retail space
907 Miami Blvd, Durham, NC 27703-2227
Entity Owned
~
Est. High Equity
Property ID
US53-0993838
Property summary
AI-generated overview
Village Plaza, located at 907 N. Miami Blvd in Durham, North Carolina (zip code 27703), offers a significant retail leasing opportunity. This single-building property encompasses a total of 32,747 square feet and features a large, contiguous vacant space of 24,247 square feet. Previously occupied by a Dollar Tree, this expansive storefront presents a unique chance for a variety of retail businesses. The property is zoned Commercial General (CG) and boasts abundant on-site parking, ensuring convenient access for customers. The building itself does not include elevators. The property's APN is 120903, and it's situated in Durham County. This prime location in east Durham offers high visibility and accessibility, making it an ideal space for a business seeking significant square footage and ample parking. The available space is perfect for a large-scale retailer or a business requiring extensive floor space. This is a multi-tenant property, offering the potential for synergy with other businesses. The property's size and location make it a compelling option for businesses seeking to establish a strong presence in the Durham market.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
32,462 SF
Lot
1.38 ac (60,113 SF)
Zoning code
CG
APN
120903
UPID
US53-0993838
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
-
LibertyX Bitcoin ATM Atm
-
Beauty Land (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.20M
Blend (final)
Blend
$3.16M
Owner & transaction history
Nassau Holdings LLC
Nassau Holdings LLC
since 2026
2 recorded transactions
Zoning & alternative use
CG · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±10%
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
$97 / 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
$25,196
Tax year 2024
Assessed value
$1,806,260
Assessed 2024
Previous assessed
$1,806,260
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$416,195
Assessed improvement
$1,390,065
Land market value
$416,195
Improvement market value
$1,390,065
Total market value
$1,806,260
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
YES
Stories
1
Total area
32,462 SF
Lot
1.38 ac (60,113 SF)
Zoning code
CG
APN
120903
UPID
US53-0993838
Jurisdiction
DURHAM
Zoning & alternative use
CG · Durham, NC
Zoning CG · permitted uses
CG · 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
2000
Heating
YES
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Nassau Holdings LLC
Entity
Mailing address
PO BOX 52328, DURHAM, NC 27717-2328
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
$2,500,000
Nassau Holdings LLC
Hudson INC
Special Warranty Deed
$1,875,000 · Southern Bank & Trust Co
—
—
Hudson INC
—
Deed Of Trust
related
$800,000 · Cardinal St Bk
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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