501 FayettevilleRaleigh, NC 27601

Property Details for 501 Fayetteville

Year built

2009

Construction

CONCRETE

Property size (Sq ft)

255,732 SF

Zone code

DX-40

Property type

Retail properties

Property subtype

Parking lots & garages

APN

1703.42-76-1606 0404176

APU

1703427616060404176

• CAP approach

  CAP return

  Valuation

  6%

  $91,122,216

  6.5%

  $84,112,816

  7%

  $78,104,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $170,598,352

  Geo Method

  $147,925,824

• Alternative Use

  Use

  Valuation

  Residential

  $70,952,304

  Hospitality

  $64,991,932

  Educational

  $54,072,524

  Medical

  $55,932,160

  Retail

  $84,112,816

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.7736

Longitude

-78.6389

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $32,836,500
• Assessed value
  $32,836,500
• Tax year
  2023

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