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1215 Sherron Rd 18.46 Acres of Residential Land Offered at $10,798,916 CAD in Durham, NC 27703
Investment Highlights
- Located at a signalized intersection with ±2,500 feet of combined frontage on Sherron Road and Northern Durham Parkway.
- Designated for Neighborhood Service Area under the Durham Comprehensive Plan 2023.
- Public water and sewer access available, supporting immediate development potential.
- Surrounding area includes Spring Valley Elementary and established residential communities offering a strong built-in customer base.
Executive Summary
The site’s generally flat topography enhances buildability, and surrounding residential growth underscores the demand for commercial amenities. Positioned minutes from US-70, NC-98, and I-85, the property allows convenient access to Downtown Durham, Research Triangle Park, and RDU International Airport. With rapidly expanding neighborhoods in the vicinity, including Brightleaf at the Park and other high-density developments, this assemblage offers an opportunity to create a vibrant community-oriented destination.
Property Facts
| Price | $10,798,916 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 18.46 AC |
| Zoning | RS20 & RR - Neighborhood Service Area - Durham Comprehensive Plan 2023 | ||
| Price | $10,798,916 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 18.46 AC |
| Zoning | RS20 & RR - Neighborhood Service Area - Durham Comprehensive Plan 2023 |
1 Lot Available
Lot
| Price | $10,798,916 CAD | Lot Size | 18.46 AC |
| Price Per AC | $584,990.03 CAD |
| Price | $10,798,916 CAD |
| Price Per AC | $584,990.03 CAD |
| Lot Size | 18.46 AC |
18.46-acre corner lot at Sherron Rd. and Northern Durham Parkway with over 2,500 ft of frontage, flat topography, and utilities nearby. Zoned RS20 & RR, ideal for retail, office, and neighborhood services per Durham’s 2023 plan.
Description
18.46-acre tract located at the corner of Sherron Road and Northern Durham Parkway in Durham, NC. The property offers approximately 2,500 linear feet of frontage and is generally flat. Public water and sewer access are available in proximity. Current zoning is RS20 and RR, and it is designated within a Neighborhood Service Area in the Durham 2023 Comprehensive Plan. The immediate surroundings include an elementary school and residential developments.
Property Taxes
| Parcel Numbers | Improvements Assessment | $40,759 CAD | |
| Land Assessment | $1,043,765 CAD | Total Assessment | $1,084,523 CAD |
Property Taxes
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1215 Sherron Rd
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