Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    8636 Johnson Mill Rd Bahama, NC 27503

    • Commercial real estate
    • 182.89 lot acres
    For Sale
    View listing
    $3,240,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-0850464
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8636 Johnson Mill Rd

    Lot size
    182.89 lot acres
    Property type
    Commercial real estate
    APN
    190218/190219

    Description

    This exceptional 182.89-acre property, located at 8636 Johnson Mill Rd, Bahama, NC 27503, presents a unique investment opportunity in Durham County. Zoned RR, this expansive tract offers significant potential for residential subdivision development, catering to a variety of needs. Its convenient location provides easy access to Duke University/Durham, RTP/RDU Airport, Chapel Hill/UNC, and Interstates 40 and 85, making it highly desirable. The land boasts ample road frontage and numerous potential homesites, ideal for creating estate lots or an equestrian community. The gently rolling topography is characterized by mature hardwood vegetation. Parcel numbers 190218/190219 are included in this sale. Standard conditions apply. Horse raising is permitted. Given its size, this is one of the largest contiguous tracts available in the area, making it suitable for immediate development, a long-term investment strategy (such as a "save/hold" approach), or a 1031 exchange. During the holding period, the property could generate income through timber harvesting or recreational hunting. The asking price is $3,240,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bahama
    County
    Durham
    State
    North Carolina
    Longitude
    -78.923956
    Latitude
    36.161504

    Comparable in this City

    • $549,000
      Pending

      Bahama, NC Land For Sale

      21+ acre land parcel with barns and pond.
      6007 Brickhouse Rd, Bahama, NC 27503
      View Details
    • $80,000
      1.06 Acres

      Land in Equestrian Community

      Residential land in equestrian community with amenities for sale.
      404 Phar Lap Ln, Bahama, NC 27503
      View Details
    • New
      $129,000
      2.12 Acres

      Land Near Lake Michie

      Two-acre corner lot near Lake Michie, convenient to Durham.
      7576 Jock Rd, Bahama, NC 27503
      View Details

    Similar Nearby for Sale

    • $549,000
      Pending

      Bahama, NC Land For Sale

      21+ acre land parcel with barns and pond.
      6007 Brickhouse Rd, Bahama, NC 27503
      View Details
    • $80,000
      1.06 Acres

      Land in Equestrian Community

      Residential land in equestrian community with amenities for sale.
      404 Phar Lap Ln, Bahama, NC 27503
      View Details
    • New
      $129,000
      2.12 Acres

      Land Near Lake Michie

      Two-acre corner lot near Lake Michie, convenient to Durham.
      7576 Jock Rd, Bahama, NC 27503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8636 Johnson Mill Rd
    Bahama, NC 27503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.