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Financial
Distress signals
Property profile

921 Midway Ave Durham, NC 27703

FOR SALE
Auto shops
Property ID
US53-1865542
3,895 SF 0.41 ac lot Built 1989
Last sale Jun 2026 · $575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Unit B is a retail-industrial space configured for approximately 1,435 square feet. The layout includes drive-in access through a bay door and reflects a history of automotive occupancy. The space is suitable for a range of uses such as auto repair and detailing, custom exhaust or performance work, light fabrication, contractor storage, warehousing, and light manufacturing. The property is located on Midway Ave in Durham, with access to US-70 and I-40, and the existing layout and vehicle access support automotive, trade, storage, and small-format industrial activities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$199k
Assessed land$36k
Assessed improvement$163k
Effective rate1.39%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$5k
Operating expenses−$22k
NOI · 5.88% cap applied$51k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$292/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$184 – $431
Qualifying comparables8

Cap rate analysis

How does the asset earn?
5.88%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
The CG District is established to provide for a wide variety of commercial activities of varying scales that are designed to be served by...
General categoryCOMMERCIAL
JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.7
Realty agency10.3
Law Firm10.0

Location

921 Midway Ave Durham, NC 27703
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5015 Wake Frst, Durham, NC 27703-3771 $4,400,000 Jul 2024 5,560 SF
1035 Yunus, Durham, NC 27703-7200 $3,233,500 Apr 2024 6,954 SF
3702 Wake Frst, Durham, NC 27703-3635 $400,000 Aug 2023 2,170 SF
2002 Angier, Durham, NC 27703-4204 $166,667 Aug 2022 5,081 SF
3425 Angier, Durham, NC 27703-5107 $474,000 Jan 2022 3,655 SF
2301 Miami, Durham, NC 27703-5711 $535,000 Jul 2019 2,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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