Property profile

Lowes Dr, NC

OFF-MARKET
Strip malls
Property ID
US53-1565776
11,088 SF 1.19 ac lot Built 2007
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction STEEL FRAME
Total area 11,088 SF
Lot 1.19 ac (52,054 SF)
Zoning code C-2
APN 84525
UPID US53-1565776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lowes Dr, NC
Lowes Dr metro Census 20200 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M

Owner & transaction history

since 2018
4 recorded transactions
2018
$500
2016
$2.4M
2007
$1.1M
1969
Price N/A

Zoning & alternative use

C-2 · Lowes Dr, NC
Top alternative use upside
Commercial (general) $1.7M +14.0%
Retail stores $1.6M +10.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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