RTP Industrial Owner buys 1212 Stone Rd in Durham for $3.6 million

The vacant land at 1212 Stone Rd in Durham sold for $3,600,000, according to the Durham County Assessor. The deed’s transfer tax shows that price. The deed was recorded September 23, 2026 with the Durham County Register of Deeds.

The deed covers 2 parcels. 1212 Stone Rd is the largest one we could identify. The recorder’s index lists RTP Industrial Owner LLC as the buyer.

The Assessor’s records list the parcel as vacant land of 174,240 square feet, with a market value of $1,250,000. No building appears in those records.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Durham County?

By our estimate, the seller's two largest charges, not counting prorations, were $7,200 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Durham County custom.

How much did the seller net?

By our estimate, the seller netted about $3,572,778. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $3,589,129 at closing. That covers the full price and closing costs.

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