Income Summary

Data last updated on: 4/2/2025     Ownership current as of: 3/27/2025     Tax Year: 2025
REID 123208

 PIN # 0810-77-4078
Location Address Property Description
3109 UNIVERSITY DR PROP-GAR INC/LT#03 DBA/ALFRED WILLIAMS & CO PL:000118-000153
   
Property Owner Owner's Mailing Address
TRIANGLE REAL ESTATE DEVELOPERS LLC
3109 UNIVERSITY DR
DURHAM NC 27707
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Map
Income Modeling
Income Model Type Office Md 1 Cl B SD
Income Location Excellent
Economic Year Built 1989
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
LEASEABLE AREA - OFFICESQFT 6,066 $26.00 $157,716.00


Total Units 0
Total Sqft 6066
Total Potential Gross Income $157,716.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $15,771.60
     Deductions Total (% of PGI) 10.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $141,944.40
 
Total Expenses $0.00
Total Expenses Override $45,138.32
NET Income $96,806.08
     Percentage of PGI 61.380%
     Percentage of EGI 68.200%
 
Final Value

Income Method Overall Rate
Rate Used 0.088950


Total Value $1,088,320.18
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $1,088,320.00
Final Value Override $0.00
Copyright © 2022 Durham County, North Carolina.