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3028 Cornwallis Rd; Durham, NC Property Details

3028 Cornwallis Rd, Durham, NC is a Manufacturing (Light) that was built in 1983. This property is currently Financed and is not for sale. Our records show that 3028 Cornwallis Rd has a total of 132,249 square feet. The lot size of 3028 Cornwallis Rd is 2,403,205 square feet.

Off market
3028 Cornwallis Rd Durham, NC 27713
$33,414,291 Estimated Value
132,249 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1983
  • Purchase Price: $28,750,000
  • Open Loans / Balance: 1 / $17,529,280
  • APN: 199219
  • Situs County: Durham
  • Length Of Ownership: 1 year, 1 months

Structure

  • Stories: 2

Measurements

  • Total: 132,249/SqFt
  • Lot: 2,403,205/SqFt
  • Living: 132,249/SqFt
  • Building: 132,249/SqFt
  • Price Per Square Foot: $217.39

Legal Description

  • Description: PROP-JDS UNIPHASE/PRL#03 DBA/CREE INC/ PL:000161-000262
Building Insights

Land Information

  • Property Type: Manufacturing (light)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.915573 / -78.87254
  • Subdivision: Prop-Jds Uniphase
  • Property Class: Industrial
  • Zoning: SRP
  • County Use Code: 710

Amenities

  • Plus Four: 2852
  • Cooling: Yes
  • Heating: Yes

Ownership Info

3028 Cornwallis Rd has no associated ownership info
3028 Cornwallis Rd has no associated ownership info.

Taxes

3028 Cornwallis Rd has 10 associated Taxes items

3028 Cornwallis Rd, 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 $33,414,291. The APN we've located for 3028 Cornwallis Rd is 199219.

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Taxes
  • Assessed Value:  $33,414,291
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  199219
  • Assessed Land Value:  15511333
  • Market Land Value:  15511333
  • Tax Amount:  256515.17
  • Tax Year:  2024
  • Market Value:  33414291
  • Market Year:  2025

Tax History

3028 Cornwallis Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,414,291 Land Value $15,511,333 Improvement Value $17,902,958 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $15,986,227 Land Value $4,345,407 Improvement Value $11,640,820 Tax Amount $256,515.17 Change Rate +0.530329% Assessed CR Tax Rate +0.016046%
Year 2023 Assessed Value $15,986,227 Land Value $4,345,407 Improvement Value $11,640,820 Tax Amount $167,620.88 Change Rate +0.065664% Assessed CR Tax Rate +0.010485%
Year 2022 Assessed Value $15,986,227 Land Value $4,345,407 Improvement Value $11,640,820 Tax Amount $157,292.45 Change Rate +0.014866% Assessed CR Tax Rate +0.009839%
Year 2021 Assessed Value $15,986,227 Land Value $4,345,407 Improvement Value $11,640,820 Tax Amount $154,988.45 Change Rate +0.021063% Assessed CR Tax Rate +0.009695%
Year 2020 Assessed Value $15,986,227 Land Value $4,345,407 Improvement Value $11,640,820 Tax Amount $151,791.2 Change Rate +0.04342% Assessed CR Tax Rate +0.009495%
Year 2019 Assessed Value $15,986,227 Land Value $4,345,407 Improvement Value $11,640,820 Tax Amount $145,474.67 Change Rate -0.030595% Assessed CR Tax Rate +0.0091%
Year 2018 Assessed Value $15,221,216 Land Value $5,412,870 Improvement Value $9,808,346 Tax Amount $150,065.97 Change Rate +0.031384% Assessed CR Tax Rate +0.009859%
Year 2017 Assessed Value $15,221,216 Land Value $5,412,870 Improvement Value $9,808,346 Tax Amount $145,499.59 Change Rate +0.029621% Assessed CR Tax Rate +0.009559%
Year 2016 Assessed Value $15,221,216 Land Value $5,412,870 Improvement Value $9,808,346 Tax Amount $141,313.77 Change Rate -0.003859% Assessed CR Tax Rate +0.009284%
Year 2015 Assessed Value $14,609,802 Land Value $5,764,300 Improvement Value $8,845,502 Tax Amount $141,861.19 Change Rate +0.028057% Assessed CR Tax Rate +0.00971%
Year 2014 Assessed Value $14,609,802 Land Value $5,764,300 Improvement Value $8,845,502 Tax Amount $137,989.58 Change Rate Assessed CR Tax Rate +0.009445%