Durham · Commercial sale
Shopping center at 2122 T W Alexander Dr in Morrisville sells for $18.23 million
A shopping center at 2122 T W Alexander Dr, Morrisville sold for $18,225,000 on September 24, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $18,225,000
- Recorded
- September 24, 2026
- Property type
- Shopping center
- Building area
- 78,548 sq ft
- Price per sq ft
- $232
A shopping center at 2122 T W Alexander Dr in Morrisville sold for $18,225,000, according to the Durham County Assessor. The price is shown by transfer tax paid on a deed recorded September 24, 2026, with the Durham County Register of Deeds.
The recorder's index lists So - Alexander Village Jv LLC as the buyer.
The Assessor's records show 78,548 square feet of building area on a 14.5-acre lot. The price works out to $232 per square foot. The market value on record is $17,874,255.
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 $36,450 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 $18,088,217. 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 $18,156,768 at closing. That covers the full price and closing costs.
Source: Durham County Tax Administration, parcel records, document 10630-793. 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.
