Taxes
- Assessed Value: $71,825,244
- Assessed Year: 2025
- Assessed County: Durham
- APN: 226403
- Assessed Land Value: 29022840
- Market Land Value: 29022840
- Tax Amount: 712003.64
- Tax Year: 2025
- Market Value: 71825244
- Market Year: 2025
1275 Person St; Durham, NC Property Details
Off market
1275 Person St Durham, NC 27703
$71,825,244 Estimated Value
410,000 SqFt
Property Type
WarehouseProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Corporate
- Owner Status: Corporate
- Year Built: 2019
- Purchase Price: $51,000,000
- Open Loans / Balance: 3 / $107,221,946
- APN: 226403
- Situs County: Durham
- Length Of Ownership: 5 years, 7 months
Structure
- Stories: 1
Measurements
- Total: 410,000/SqFt
- Lot: 1,368,220/SqFt
- Living: 410,000/SqFt
- Building: 410,000/SqFt
- Price Per Square Foot: $124.39
Legal Description
- Description: REGIONAL COMMERCE CENTER/ LT#01 PL:000202-000306
Building Insights
Land Information
- Property Type: Warehouse
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Durham Public Schools
- Lat / Lon: 35.964714 / -78.87324
- Subdivision: Regional Commerce Center
- Property Class: Industrial
- Zoning: IL
- County Use Code: 440
Amenities
- Plus Four: 5055
- Cooling: Yes
- Heating: Yes
Ownership Info
1275 Person St has no associated ownership info
1275 Person St has no associated ownership info.
Taxes
1275 Person St has 10 associated Taxes items
1275 Person St, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $71,825,244. The APN we've located for 1275 Person St is 226403.
Unlock the full reportTax History
1275 Person St has 6 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $71,825,244 | Land Value $29,022,840 | Improvement Value $42,802,404 | Tax Amount $712,003.62 | Change Rate +0.629169% | Assessed CR | Tax Rate +0.009913% |
| Year 2024 | Assessed Value $31,330,918 | Land Value $1,822,837 | Improvement Value $29,508,081 | Tax Amount $437,034.97 | Change Rate +0.06489% | Assessed CR | Tax Rate +0.013949% |
| Year 2023 | Assessed Value $30,036,470 | Land Value $1,822,837 | Improvement Value $28,213,633 | Tax Amount $410,403.72 | Change Rate +0.067545% | Assessed CR | Tax Rate +0.013664% |
| Year 2022 | Assessed Value $30,036,470 | Land Value $1,822,837 | Improvement Value $28,213,633 | Tax Amount $384,436.78 | Change Rate -0.038226% | Assessed CR | Tax Rate +0.012799% |
| Year 2021 | Assessed Value $30,273,804 | Land Value $1,827,168 | Improvement Value $28,446,636 | Tax Amount $399,716.53 | Change Rate +16.586857% | Assessed CR | Tax Rate +0.013203% |
| Year 2020 | Assessed Value $1,827,168 | Land Value $1,827,168 | Improvement Value | Tax Amount $22,728.14 | Change Rate | Assessed CR | Tax Rate +0.012439% |