2109 SimpkinsRaleigh, NC 27603

  • Auto shops
  • 3,002 SF
Off market

Property Details for 2109 Simpkins

Year built
1970
Construction
CONCRETE BLOCKS
Lot size
8.94 AC
Property size (Sq ft)
3,002 SF
Zone code
R-40W
Property type
Auto shops
APN
0790.02-69-3952 0222525
APU
790026939520222525

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,069,670
    6.5%
    $987,388
    7%
    $916,860
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,002,629
    Geo Method
    $1,736,479
  • Alternative Use

    Use
    Valuation
    Residential
    $832,899
    Hospitality
    $762,931
    Educational
    $634,749
    Medical
    $656,579
    Retail
    $987,388

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.7002
Longitude
-78.6755
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
$5,950
$556,638
$206,463
$763,101
-
$556,638
$206,463
$763,101

FAQs

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