Movoto Real Estate
Sold on 08/05/2020
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5375 Red Mill Rd, Durham, NC 27704

  • $2,057,279

    Last sold 08/05/2020 for $299K

  • bed

  • bath

  • 24.07

    Acre ($12.4K/Acre)

Lot/Land not for sale
13 homes bought nearby with Movoto recently

About 5375 Red Mill Rd

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 24.07 Acre
Movoto estimate
Property description
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
Listed by
Listing Agent - Mark VanAlstyne
Listing Office - Berkshire Hathaway HomeService
Source: Triangle MLS mls logo
MLS#2329012 • last updated 1 year ago
Movoto checked Triangle MLS for data 6 minutes ago
Overview
MLS # 2329012
Type Land
Status Closed
SubType Unimproved Land
Living Area Square Feet
Lot Size (SqFt) 1048489.2
Lot Size (Acres) 24.07
Exterior
Lot Desc Rolling Slope
Fencing Fenced
Amenities / Utilities
Utilities Electricity Available
Sewer/ Septic Septic Needed
Water Source Need Well
Location
County Durham
Subdivision Not In A Subdivision
Elementary School Durham - Glenn
Middle School Durham - The School For Creative Studies
High School Durham - Northern
Directions I-85 North To Red Mill Rd. Left Toward Treyburn. Landon Left Just Past The School For Creative Studies
Lot/ Land Details
Current Use Vacant, Other
Road Frontage Other
  • Aug 2020
    mls logo MLS # 2329012
  • Aug 5, 2020 Sold
    $299,000
  • Jul 4, 2020 Contingent
  • Jul 4, 2020 Listed
    $299,000
  • Jul 4, 2020 Listed
    $299,000

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  • Real Estate
  • NC
  • Durham County
  • Durham
  • 27704
  • 5375 Red Mill Rd
$2.05M
Range: $1.85M-$2.26M
Last 30 days 

Nearby recently sold homes in Durham, NC

  • 5375 Red Mill Rd
    $299K
  • Not In A Subdivision
    $287K
  • 27704
    $356K +10% y/y
  • Durham
    $428K -2% y/y
No chart available
Statistics calculated by Movoto
8/10
4/10
2/10
Source: GreatSchools.org © 2026. All rights reserved.
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