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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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1215 Sherron Rd , Durham, NC 27703
$7,600,000
Est. Payment: $42,712.26/mo
18.5 Acres
Status: active | Days on site: 31
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GPSCRE01 - 281243
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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House Description

18.5 acres located on prominent high traffic corner of Sherron Rd. and Northern Durham Parkway. This remarkable property is flat and ready for development with over 2,500 linear feet of road frontage. The corner location provides excellent visibility with lighted intersection and public utilities located in road right of way. Property shares border with Spring Valley Elementary school and is surrounded by higher density development. This assemblage of two parcels is ideal for commercial use and is designated for Neighborhood Service Area in Durham's 2023 Comprehensive Plan. Contact listing agent with questions. Sellers will entertain offers on standard form 580L-T with proof of funds.
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Highlights

Listed by William Yeager , 828-450-0140 Pickett Sprouse Commercial Real Estate , 919-493-0395. Triad MLS, Inc. mls logo

Property Type

Commercial Sale
Lot/Acreage
18.5

County

Durham

Listing ID

1235487

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Corner Lot,Level
Sewer:Public Sewer
Principal Interest
$42,712
Taxes
$4,845

Home Price

$7,600,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$1,520,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$42,712.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $42,712.26 $4,845.00 $0.00 $47,557.26
Yearly $512,547.10 $58,140.00 $0.00 $570,687.10
Total $15,376,413.09 $1,744,200.00 $0.00 $17,120,613.09

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2024 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

Data last updated: 2026-10-14T16:07:45.000Z

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