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1201 University Dr; Durham, NC Property Details

1201 University Dr, Durham, NC is a Shopping Center/mall that was built in 1956. This property is not for sale. Our records show that 1201 University Dr has a total of 47,752 square feet. The lot size of 1201 University Dr is 250,034 square feet.

Off market
1201 University Dr Durham, NC 27707
$4,771,987 Estimated Value
47,752 SqFt
Property Type
Shopping Center/mall
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Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1956
  • Open Loans / Balance: 1 / $1,712,745
  • APN: 115258
  • Situs County: Durham

Structure

  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 47,752/SqFt
  • Lot: 250,034/SqFt
  • Living: 47,752/SqFt
  • Building: 47,752/SqFt
  • Ground: 16,425/SqFt

Legal Description

  • Description: PROP-BARNES M L GR PT DBA/FOREST HILLS SHOPPING PL:000117-000063
Building Insights

Land Information

  • Property Type: Shopping Center/Mall
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.985104 / -78.9096
  • Subdivision: Forest Hills Shopping Center
  • Property Class: Commercial
  • Zoning: CN,RS-10
  • County Use Code: 452

Amenities

  • Plus Four: 1652
  • Cooling: Yes
  • Heating: Yes

Ownership Info

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

Taxes

1201 University Dr has 10 associated Taxes items

1201 University Dr, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $4,771,987. The APN we've located for 1201 University Dr is 115258.

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Taxes
  • Assessed Value:  $4,771,987
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  115258
  • Assessed Land Value:  3040818
  • Market Land Value:  3040818
  • Tax Amount:  56085.83
  • Tax Year:  2025
  • Market Value:  4771987
  • Market Year:  2026

Tax History

1201 University Dr has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $4,771,987 Land Value $3,040,818 Improvement Value $1,731,169 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $56,085.83 Change Rate +0.105361% Assessed CR Tax Rate
Year 2024 Assessed Value $3,637,523 Land Value $937,507 Improvement Value $2,700,016 Tax Amount $50,739.81 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $3,637,523 Land Value $937,507 Improvement Value $2,700,016 Tax Amount $47,647.92 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $3,637,523 Land Value $937,507 Improvement Value $2,700,016 Tax Amount $46,556.66 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $3,637,523 Land Value $937,507 Improvement Value $2,700,016 Tax Amount $46,338.4 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $3,637,523 Land Value $937,507 Improvement Value $2,700,016 Tax Amount $45,247.15 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $3,637,523 Land Value $937,507 Improvement Value $2,700,016 Tax Amount $45,247.15 Change Rate -0.058872% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $3,544,238 Land Value $1,347,800 Improvement Value $2,196,438 Tax Amount $48,077.59 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $3,544,238 Land Value $1,347,800 Improvement Value $2,196,438 Tax Amount $47,723.17 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $3,544,238 Land Value $1,347,800 Improvement Value $2,196,438 Tax Amount $46,114.07 Change Rate +0.232483% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $2,702,852 Land Value $1,424,253 Improvement Value $1,278,599 Tax Amount $37,415.58 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $2,702,852 Land Value $1,424,253 Improvement Value $1,278,599 Tax Amount $37,415.57 Change Rate Assessed CR Tax Rate +0.013843%
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