Durham · Commercial sale
Loui Properties buys 1503 S Miami Blvd in Durham for $1.3 million
A retail building at 1503 S Miami Blvd, Durham sold for $1,300,000 on August 6, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,300,000
- Recorded
- August 6, 2026
- Property type
- Retail building
- Building area
- 1,708 sq ft
- Price per sq ft
- $761
A retail building at 1503 S Miami Blvd in Durham sold for $1,300,000, the price indicated by transfer tax paid on a deed recorded August 6, 2026 with the Durham County Register of Deeds, according to the Durham County Assessor.
The recorder's index lists Loui Properties LLC as the buyer.
The Assessor's records show 1,708 square feet of building area on a 0.63-acre lot. The price works out to $761 per square foot. The market value on record is $840,911, 55% below the sale price.
What this sale costs to close
What does closing cost at this price? Under Durham County custom the seller's larger charges are $2,600 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $1,291,232 before brokerage commissions and any loan payoff. A cash buyer would need about $1,298,853 at closing.
Source: Durham County Tax Administration, parcel records, document 10601-649. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Durham County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
