215 McdowellRaleigh, NC 27601

  • Office properties
  • 34,162 SF
Off market
$18,679,821 Estimated

Property Details for 215 Mcdowell

Year built
1938
Construction
BRICK
Lot size
3.06 AC
Property size (Sq ft)
34,162 SF
Zone code
DX-20
Property type
Office properties
Property subtype
Office buildings
APN
1703.34-68-4170 0044537
APU
1703346841700044537

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,280,664
    6.5%
    $7,643,690
    7%
    $7,097,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,043,416
    Geo Method
    $7,841,546
  • Alternative Use

    Use
    Valuation
    Residential
    $9,478,175
    Hospitality
    $8,681,958
    Educational
    $7,223,287
    Medical
    $7,471,706
    Retail
    $11,236,224
215 Mcdowell, Raleigh, North Carolina

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.7775
Longitude
-78.641
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
$218,292
$18,679,821
-
$18,679,821
-
$18,679,821
-
$18,679,821

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