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5375 Red Mill Rd Lot 1, Durham, NC 27704
5375 Red Mill Rd Lot 1, Durham, NC 27704
Sold for $299,000
5375 Red Mill Rd Lot 1, Durham, NC 27704
Sold for $299,000

5375 Red Mill Rd Lot 1 Durham, NC 27704

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$299,000

CLOSED
Beds
Baths
Sqft
Acres
24.07
Year
Close Date
Aug 5, 2020
Property Type
Land
Sub Type
Unimproved Land
Date Listed
Jul 4, 2020

Description of 5375 Red Mill Rd Lot 1, Durham, NC 27704

Listing details for 5375 Red Mill Rd Lot 1, Durham, NC 27704 : 24.07 Acres Solar Farm Leased until 9/2030 | Projected Net Operating Income is 14,596 | 2.0% Annual Rent Escalations | Three(3) Options to renew for five (5) years each | Priced well below tax value
Listing Updated : 06-19-2026 at 11:09 PM EDT
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#: 2329012

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Property History

DateEventPrice
8/5/2020
Sold
$299,000
Source:Triangle, MLS #2329012
7/4/2020
Listed for sale
—
Source:Triangle, MLS #2329012

Location of 5375 Red Mill Rd Lot 1, Durham, NC 27704

Streetview of 5375 Red Mill Rd Lot 1, Durham, NC 27704

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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
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