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1201 Burma Dr; Apex, NC Property Details

1201 Burma Dr, Apex, NC is a Warehouse that was built in 2022. This property is currently a cash purchase and is not for sale. Our records show that 1201 Burma Dr has a total of 302,498 square feet. The lot size of 1201 Burma Dr is 1,132,124 square feet.

Off market
1201 Burma Dr Apex, NC 27539
$38,961,840 Estimated Value
302,498 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2022
  • Purchase Price: $1,548,000
  • APN: 0751.03-14-3089-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 2 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Tilt-up (pre-cast concrete)

Measurements

  • Total: 302,498/SqFt
  • Lot: 1,132,124/SqFt
  • Gross: 302,498/SqFt
  • Living: 302,498/SqFt
  • Building: 302,498/SqFt
  • Ground: 302,498/SqFt
  • Price Per Square Foot: $5.12

Legal Description

  • Description: THE JACK 1 LLC PROPERTY TR2 BM2021-00524
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.711956 / -78.82691
  • Property Class: Industrial
  • Zoning: LI-CZ
  • County Use Code: 84

Amenities

  • Plus Four: 5055
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1201 Burma Dr has no associated ownership info
1201 Burma Dr has no associated ownership info.

Taxes

1201 Burma Dr has 10 associated Taxes items

1201 Burma Dr, Apex, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $38,961,840. The APN we've located for 1201 Burma Dr is 0751.03-14-3089-000.

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Taxes
  • Assessed Value:  $38,961,840
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0751.03-14-3089-000
  • Assessed Land Value:  3130657
  • Market Land Value:  3130657
  • Tax Amount:  340175.82
  • Tax Year:  2025
  • Market Value:  38961840
  • Market Year:  2025

Tax History

1201 Burma Dr has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,961,840 Land Value $3,130,657 Improvement Value $35,831,183 Tax Amount $340,175.81 Change Rate -0.228448% Assessed CR Tax Rate +0.008731%
Year 2024 Assessed Value $51,657,672 Land Value $3,130,657 Improvement Value $48,527,015 Tax Amount $440,898.22 Change Rate +0.498945% Assessed CR Tax Rate +0.008535%
Year 2023 Assessed Value $26,813,037 Land Value $2,525,609 Improvement Value $24,287,428 Tax Amount $294,139 Change Rate +28.794737% Assessed CR Tax Rate +0.01097%
Year 2022 Assessed Value $958,930 Land Value $958,930 Improvement Value Tax Amount $9,872.18 Change Rate Assessed CR Tax Rate +0.010295%
Year 2021 Assessed Value $958,930 Land Value $958,930 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate