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Sold for $290,000
Sold for $290,000
5379 Red Mill Rd Lot 2 Durham, NC 27704
$290,000
CLOSEDBeds
Baths
Sqft
Acres
24.03
Year
Close Date
May 19, 2020
Property Type
Land
Sub Type
Unimproved Land
Date Listed
Sep 3, 2019
Description of 5379 Red Mill Rd Lot 2, Durham, NC 27704
Listing details for 5379 Red Mill Rd Lot 2, Durham, NC 27704 : 24.03 Acres Solar Farm Leased until 9/2030 | Projected Net Operating Income is 17,596 | 2.5% Annual Rent Escalations | Five (5) Options to renew for five (5) years each | Priced well below tax value
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Listing Updated : 06-19-2026 at 11:15 PM EDT
Property Details
Property Overview
Listing Price
$290,000
MLS #ID
2280316
Close Price
$290,000
Close Date
May 19, 2020
Bedrooms
Bathrooms
Square Footage
Acres
24.03
Year
Days on Site
768 Days
Property Type
Land
Property Sub Type
Unimproved Land
Price per Sq Ft
$0
Date Listed
Sep 3, 2019
Location
Street Address
5379 Red Mill Rd Lot 2
City
State
North Carolina
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
I-85 north to Red Mill Rd. left toward Treyburn. Land on left just past the School for Creative Studies
Schools
Construction / Architecture
New Construction
No
Price per Sq Ft
$0
Lot Features
Rolling Slope
Lot Size (Acres)
24.03
Interior Details
Fireplace
No
Heating
None
Cooling
None
Exterior Details
Garage
No
Fencing
None
Water Source
Need Well
Sewer
Septic Needed
Taxes, HOA & Financing
HOA Fee Includes
None
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Listing Provided By
Mark VanAlstyne, 984-287-0067, Berkshire Hathaway HomeService
Properties displayed may be listed or sold by various participants in the MLS
Source
Triangle, MLS, MLS#: 2280316
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Property History
DateEventPrice
5/19/2020
Sold
$290,000
Source:Triangle, MLS #2280316
Triangle, MLS #2280316 9/3/2019
Listed for sale
—
Source:Triangle, MLS #2280316
Triangle, MLS #2280316Location of 5379 Red Mill Rd Lot 2, Durham, NC 27704
Streetview of 5379 Red Mill Rd Lot 2, Durham, NC 27704
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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.
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