200 McdowellWake Forest, NC 27587

  • Garden apartment buildings
  • 5,461 SF
Off market

Property Details for 200 Mcdowell

Year built
1998
Lot size
13.88 AC
Property size (Sq ft)
5,461 SF
Zone code
GR10
Property type
Garden apartment buildings
APN
1841.13-24-1584 0145760
APU
1841132415840145760

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,873,960
    6.5%
    $1,729,810
    7%
    $1,606,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,691,400
    Geo Method
    $1,466,620
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,994,070
    Retail / Commercial
    $1,482,940
    Mixed-Use / Specialty
    $1,436,360
    Hospitality / Lodging
    $1,000,040
    Office
    $1,384,810
    Institutional / Educational
    $1,478,470
    Multifamily
    $2,303,590
    Automotive / Energy
    $1,267,260
    Parking / Income-Based Land
    $478,117
    Restaurant / Food Service
    $658,923
    Healthcare / Senior Housing
    $1,515,300

Location Insight

City
Wake Forest
County
Wake
State
North Carolina
Latitude
35.9871
Longitude
-78.5198
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$2,220,000
$9,018,555
$11,238,555
-
$2,220,000
$9,018,555
$11,238,555

FAQs

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