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$974,800

  • For Sale
  • Active
  • Business
  • 5,032 Sq. Ft.
  • 1.27 Acres
  • Updated 14 hours ago
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Great Investment opportunity! Well-maintained brick multi-purpose building on 2.24 acres! 1 acre is being sold separately or can be purchased together. Great curb appeal with ample paved parking lot! Lease already in place, which gives you ton of possibilities! Engineer drawings in hand, which show possibilities of 6-7 more units & additional parking! Don't miss out on this highly desirable property in Durham!

Full Property Details for 315 Southerland St

General

  • Price: $974,800
  • Taxes: $6,038
  • Status: Active
  • Type: Business
  • Source: 2218
  • MLS ID: 10076289
  • Updated: 3/27/2026
  • Added to Site: 408 day(s) ago

Location

  • County: Durham
  • Driving Directions: From Durham: Hwy 98 turn left on Southerland St. entrance is on the left look for Faith Worship Center of Durham marquee sign. Coming from US70 take Hwy 98 Exit and make first or second left
  • City Limits: Yes

Heating & Cooling

  • Air Conditioning: Yes

Structural Information

  • Exterior Const.: Brick
  • Building Size: 5032
  • Square Feet: 5,032
  • Year Built: 1975
  • Other Struct. Feat.: Total Area Heated

Lot Features

  • Lot Size (Acres): 1.27
  • Lot Size (Sq. Ft.): 55,321.2
  • Lot Dimensions: 150 x 188 x 245 x 244 x 434
  • Zoning: RS-20

Financial Considerations

  • Price Per Acre: $767,559.06
  • Tax Amount: $6,038

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 159524
  • Lot Number: PB78/26

Listed by Keller Williams Elite Realty, Michelle Edwards Mitchell (919) 484-2280 and Keller Williams Elite Realty, Joe Mitchell (919) 219-4312

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Listing agents

— 315 Southerland St —

  • Michelle Edwards Mitchell

    Keller Williams Elite Realty

  • Joe Mitchell

    Keller Williams Elite Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 315 Southerland St

School District:Durham Public Schools
NameGradesDistance
Merrick-Moore Elementary
2325 Cheek Road, Durham, NC 27704
K-50.7 mi
Neal Middle
201 Baptist Road, Durham, NC 27704
6-84.6 mi
Southern School of Energy and Sustainability
800 Clayton Road, Durham, NC 27703
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 Southerland St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/11/2026
Price Increased
$974,800
21.87%
MLS
10/23/2025
Price Reduced
$799,900
-5.88%
MLS
2/13/2025
Listed
$849,900
107.29%
MLS
6/07/2019
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 315 Southerland St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,579
26%
$679,142
57%
2024
$6,038
6%
$432,872
2%
2023
$5,670
75%
$422,725
—
2022
$3,246
—
$422,725
—
2021
$3,231
-39%
$422,725
16%
2020
$5,258
—
$365,133
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Elite Realty, Michelle Edwards Mitchell (919) 484-2280 and Keller Williams Elite Realty, Joe Mitchell (919) 219-4312

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315 Southerland St, Durham, NC 27703 (MLS# 10076289) is a Business property. 315 Southerland St is currently listed for $974,800 and was received on February 13, 2025. Want to learn more about 315 Southerland St? Do you have questions about finding other Business real estate for sale in Durham? You can browse all Durham real estate or contact a Coldwell Banker agent to request more information.

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