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Financial
Distress signals
Property profile

Cornwallis Rd Durham, NC 27703

OFF-MARKET
Industrial properties
Property ID
US53-3660288
100,125 SF
Last sale Aug 2021 · $18,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$30k
Tax billed · 2024
Assessed value$11.37M
Assessed improvement$11.37M
Effective rate0.26%

Value estimate

· Oct 2026
$19.34M
$17.40M – $21.27M
CAP approach$20.80M
Submarket $/SF estimate$22.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$243/SF
ZIP average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$224 – $276

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDURHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.9
Building Supply23.3
Restaurant22.2

Location

Cornwallis Rd Durham, NC 27703
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4018 Stirrup Crk, Durham, NC 27703-9000 $27,550,000 Jun 2024 96,795 SF
1322 Carthage, Durham, NC 27703 $8,000,000 Apr 2024 85,593 SF
865 Briggs, Durham, NC 27703-4291 $25,775,000 Jul 2022 127,600 SF
1211 Person, Durham, NC 27703-5055 $26,253,500 Apr 2022 127,600 SF
1733 Tw Alexander, Durham, NC 27703-9252 $120,000,000 Feb 2022 97,500 SF
4018 Patriot, Durham, NC 27703-8083 $16,750,000 Oct 2021 103,090 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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