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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Garden apartment buildings
918 Fiske St Durham, NC 27703-1643
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-2399506
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1988
Total area
3,088 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RU-5(2)
APN
113715
UPID
US53-2399506
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$830k
CAP Approach
CAP
$355k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Toni H Paschall · 2 yrs held
Toni H Paschall
since 2023
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
RU-5(2) · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RU Districts are established to provide for orderly urban residentialdevelopmentand redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the urban neighborhood. Such uses should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone name
Residential Urban 5 2 Duplexes Allowed
General category
CIVIC_INSTITUTIONAL
Zone area
1,797.04 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$900,000
+9.3%
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
$800,000
ML approach
$830,000
CAP Approach
CAP Return
Estimation
6%
$385,000
6.5%
$355,000
7%
$330,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$825,000
Current use
AUTO REPAIR, GARAGE
$900,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$760,000
Change: -8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$750,000
Change: -9% · Conversion: Moderate
OFFICE BUILDING
$705,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $640k (Oct 13 2023)
Last sale anchor
$640k
Oct 13 2023
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
$193 / 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
$3,466
Tax year 2024
Assessed value
$248,501
Assessed 2024
Previous assessed
$248,501
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$30,000
Assessed improvement
$218,501
Land market value
$30,000
Improvement market value
$218,501
Total market value
$248,501
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1988
Heating
YES
Cooling
YES
Stories
2
Total area
3,088 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RU-5(2)
APN
113715
UPID
US53-2399506
Jurisdiction
DURHAM
Zoning & alternative use
RU-5(2) · Durham, NCZoning RU-5(2) · permitted uses
RU-5(2) · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RU Districts are established to provide for orderly urban residentialdevelopmentand redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the urban neighborhood. Such uses should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone name
Residential Urban 5 2 Duplexes Allowed
General category
CIVIC_INSTITUTIONAL
Zone area
1,797.04 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$900,000
RETAIL STORES
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$750,000
OFFICE BUILDING
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
YES
Cooling
Yes
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Toni H Paschall
Individual
Mailing address
918 FISKE ST, DURHAM, NC 27703-1643
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2023
$640,000
Toni H Paschall
J J Enterprises B LLC
Warranty Deed
$544,000 · Central Trust Bank
Nov 13, 2018
—
J J Ents B LLC
J J Ents LLC
Quit Claim Deed
$1,026,000 · Lima One Cap
May 14, 2018
—
J J Ents LLC
—
Deed
related
$243,000 · Robert L JR Fairey
Mar 6, 2018
$200,000
J J Ents LLC
Villa,deisy
Warranty Deed
$203,000 · Robert L JR Fairey
Oct 24, 2008
—
Deisy Villa
Bonilla,jose Acosta
Grant Deed
related
—
May 27, 2008
—
Jose Acosta Bonilla
Villa,deisy
Grant Deed
related
—
Sep 17, 2007
$159,000
Deisy Villa
Richardson,jan K
Grant Deed
$119,250 · World Savings Bank
Jun 27, 2005
$185,000
Terry,j V SR & Faye V
Richardson,robert W Jan K
Warranty Deed
$148,000 · American Hm Mtg Accept
—
—
J J Ents LLC
—
Loan Modification
related
$243,000 · Robert L JR Fairey
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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