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125 National Dr; Durham, NC Property Details

125 National Dr, Durham, NC is a Warehouse that was built in 2021. This property is currently a cash purchase and is not for sale. Our records show that 125 National Dr has a total of 200,800 square feet. The lot size of 125 National Dr is 1,085,080 square feet.

Off market
125 National Dr Durham, NC 27703
$44,590,050 Estimated Value
200,800 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2021
  • Purchase Price: $41,000,000
  • Open Loans / Balance: 1 / $17,500,872
  • APN: 226305
  • Situs County: Durham
  • Length Of Ownership: 4 years, 2 months

Measurements

  • Total: 200,800/SqFt
  • Lot: 1,085,080/SqFt
  • Living: 200,800/SqFt
  • Building: 200,800/SqFt
  • Price Per Square Foot: $204.18

Legal Description

  • Description: PATRIOT PRK PARTNERS II L LC&SCP PATRIOT LT5LLC/LT PL:000204-000174
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.905907 / -78.84391
  • Subdivision: Patriot Park
  • Property Class: Industrial
  • Zoning: IL
  • County Use Code: 440

Amenities

  • Plus Four: 7045

Ownership Info

125 National Dr has no associated ownership info
125 National Dr has no associated ownership info.

Taxes

125 National Dr has 10 associated Taxes items

125 National 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 $44,590,050. The APN we've located for 125 National Dr is 226305.

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Taxes
  • Assessed Value:  $44,590,050
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  226305
  • Assessed Land Value:  12508211
  • Market Land Value:  12508211
  • Tax Amount:  489989.37
  • Tax Year:  2025
  • Market Value:  44590050
  • Market Year:  2026

Tax History

125 National Dr has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $44,590,050 Land Value $12,508,211 Improvement Value $32,081,839 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $489,989.38 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $25,111,832 Land Value $1,985,957 Improvement Value $23,125,875 Tax Amount $489,989.38 Change Rate +0.398831% Assessed CR Tax Rate +0.019512%
Year 2023 Assessed Value $7,070,778 Land Value $1,985,957 Improvement Value $5,084,821 Tax Amount $350,284.94 Change Rate +2.870599% Assessed CR Tax Rate +0.04954%
Year 2022 Assessed Value $7,070,778 Land Value $1,985,957 Improvement Value $5,084,821 Tax Amount $90,498.89 Change Rate +4.171811% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $1,373,616 Land Value $1,373,616 Improvement Value Tax Amount $17,498.49 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $1,373,616 Land Value $1,373,616 Improvement Value Tax Amount $17,086.41 Change Rate Assessed CR Tax Rate +0.012439%