611 Panama Terrace

Durham NC 27713

14810 sq. ft.

Land

Last sold for $105,000

Davida Hamilton Major, last sold this property on 31 October 2025 after 113 days on market.

Overview

601 and 611 Panama Terrace offer a combined 0.84 acres (.34 and .53 acres individually). Steps from the American Tobacco Trail and minutes to everything, welcome to 611 Panama Terrace. This is a rare opportunity to own unimproved land in one of Durham's most accessible and desirable locations. Tucked into a quiet residential pocket, this lot offers a blank canvas for your dream home or next investment project. Enjoy being just around the corner from The Streets at Southpoint Mall, with top-tier shopping, dining, and entertainment. With easy access to I-40, NC-147, and I-85, commuting is seamless, whether you're headed to Downtown Durham, RTP, or Chapel Hill. This property offers the perfect balance: the charm of neighborhood living with the benefit of nearby urban convenience. City water and sewer access available. Whether you're building for personal use or capitalizing on Durham's fast-growing real estate market, this lot delivers location, flexibility, and long-term value.

Features

14810 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Durham over the last 12 months, the estimated median property value of 611 Panama Terrace is $176.75k.

Median value

$176.75k

Estimated value range

$105k - $500k

Median days on market

Estimated value trend

18%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Durham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 611 Panama Terrace

2025

Sold

$105,000

31 Oct 2025 by Davida Hamilton Major, of KELLER WILLIAMS ELITE REALTY

Happy sellers in Durham

We have insufficient information to provide an overview of customer satisfaction for Durham. Viewing the agent profiles, reviews and sales for Durham can provide insights for this location.