416 SalisburyRaleigh, NC 27601

Property Details for 416 Salisbury

Year built

1982

Construction

BRICK

Lot size

0.59 AC

Property size (Sq ft)

120,430 SF

Zone code

DX-20

Property type

Retail properties

Property subtype

Parking lots & garages

APN

1703.42-67-5136 0079756

APU

1703426751360079756

• CAP approach

  CAP return

  Valuation

  6%

  $42,911,520

  6.5%

  $39,610,632

  7%

  $36,781,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $80,338,640

  Geo Method

  $69,661,624

• Alternative Use

  Use

  Valuation

  Residential

  $33,413,050

  Hospitality

  $30,606,174

  Educational

  $25,463,978

  Medical

  $26,339,724

  Retail

  $39,610,632

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.7749

Longitude

-78.6408

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $4,035,644
• Assessed land value
  $3,087,084
• Assessed value
  $7,122,728
• Tax year
  2023
• Tax bill
  $83,236

FAQs

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