Development-Ready Commercial
1215 Sherron Rd, Durham, NC 27703
For Sale
$7,600,000
Flat commercial land with utility access, substantial road exposure, and Neighborhood Service Area designation.
Property SizeContact for details
Days on Market104
Property Features for 1215 Sherron Rd
General Information
Standard status
Property subtype
Listing Agency:
Pickett Sprouse Commercial Real Estate
Listed By:
William Yeager · License #281243
(828) 450-0140
Source:
Searchhomesinnorthcarolina
Added: Jul 29
Changed: Nov 8
Last Checked: Oct 30 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pickett Sprouse Commercial Real Estate
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Investment Insights
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This 18.5-acre commercial land assemblage combines two parcels in a flat configuration suited to future development. The property carries more than 2,500 linear feet of road frontage and has public utilities located within the road right of way. Its corner position at Sherron Rd. and Northern Durham Parkway includes a lighted intersection, supporting direct roadway exposure.
The site borders Spring Valley Elementary school and is surrounded by higher-density development. Durham’s 2023 Comprehensive Plan designates the property for Neighborhood Service Area use. The assemblage is identified for commercial use and is located at 1215 Sherron Rd, Durham, NC 27703.
The site borders Spring Valley Elementary school and is surrounded by higher-density development. Durham’s 2023 Comprehensive Plan designates the property for Neighborhood Service Area use. The assemblage is identified for commercial use and is located at 1215 Sherron Rd, Durham, NC 27703.
Key Highlights
- 18.5 acres across an assemblage of two parcels
- Over 2,500 linear feet of road frontage
- Corner position at Sherron Rd. and Northern Durham Parkway
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Location Intelligence
Trade Area within ½ mile
47
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Business Placement
Demographics for 27703, NC
61,539
Population
27,122
Households
2.3
Avg Household Size
36
Median Age
45%
College-Educated
88%
High-School Grad
49.1 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,953
Median Household Income
$51,462
Median Earnings
$1,469
Median Rent
$340,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Flat commercial land with utility access, substantial road exposure, and Neighborhood Service Area designation.
Where is this commercial land located?
The property is located at 1215 Sherron Rd Durham, NC.
What is the asking price?
The asking price for this property is $7,600,000.
What are key features of this property?
This property features: 18.5 acres across an assemblage of two parcels; Over 2,500 linear feet of road frontage; Corner position at Sherron Rd. and Northern Durham Parkway
