Taxes
- Assessed Value: $164,646,518
- Assessed Year: 2025
- Assessed County: Durham
- APN: 157230
- Assessed Land Value: 35421449
- Market Land Value: 35421449
- Tax Amount: 41568
- Tax Year: 2025
- Market Value: 164646518
- Market Year: 2025
3040 Cornwallis Rd; Durham, NC Property Details
Off market
3040 Cornwallis Rd Durham, NC 27713
$164,646,518 Estimated Value
1,378,965 SqFt
Property Type
Lab/r&d FacilityProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2018
- APN: 157230
- Situs County: Durham
Structure
- Building Style: Masonry
- Stories: 4
- Exterior Wall Type: Brick veneer
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 1,378,965/SqFt
- Lot: 7,991,518/SqFt
- Living: 1,378,965/SqFt
- Building: 1,378,965/SqFt
- Ground: 47,000/SqFt
Legal Description
- Description: PROP-RESEARCH TRIANGLE IN STITUTE PROPERTIES PL:000166-000079
Building Insights
Land Information
- Property Type: Lab/R&D Facility
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Durham Public Schools
- Lat / Lon: 35.903656 / -78.86564
- Property Class: Industrial
- Zoning: SRP
- County Use Code: 718
Amenities
- Plus Four: 2852
- Cooling: Yes
- Heating: Yes
Ownership Info
3040 Cornwallis Rd has no associated ownership info
3040 Cornwallis Rd has no associated ownership info.
Taxes
3040 Cornwallis Rd has 10 associated Taxes items
3040 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 $164,646,518. The APN we've located for 3040 Cornwallis Rd is 157230.
Unlock the full reportTax History
3040 Cornwallis Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $164,646,518 | Land Value $35,421,449 | Improvement Value $129,225,069 | Tax Amount $41,568 | Change Rate +0.197235% | Assessed CR | Tax Rate +0.000252% |
| Year 2024 | Assessed Value $135,138,956 | Land Value $15,175,078 | Improvement Value $119,963,878 | Tax Amount $34,720 | Change Rate +0.25% | Assessed CR | Tax Rate +0.000257% |
| Year 2023 | Assessed Value $135,242,374 | Land Value $15,175,078 | Improvement Value $120,067,296 | Tax Amount $27,776 | Change Rate +0.333333% | Assessed CR | Tax Rate +0.000205% |
| Year 2022 | Assessed Value $135,242,374 | Land Value $15,175,078 | Improvement Value $120,067,296 | Tax Amount $20,832 | Change Rate +1.076555% | Assessed CR | Tax Rate +0.000154% |
| Year 2021 | Assessed Value $139,370,293 | Land Value $15,175,078 | Improvement Value $124,195,215 | Tax Amount $10,032 | Change Rate | Assessed CR | Tax Rate +0.000072% |
| Year 2020 | Assessed Value $139,370,293 | Land Value $15,175,078 | Improvement Value $124,195,215 | Tax Amount $10,032 | Change Rate | Assessed CR | Tax Rate +0.000072% |
| Year 2019 | Assessed Value $139,370,293 | Land Value $15,175,078 | Improvement Value $124,195,215 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $135,989,469 | Land Value $18,845,900 | Improvement Value $117,143,569 | Tax Amount $1,340,720.12 | Change Rate | Assessed CR | Tax Rate +0.009859% |
| Year 2017 | Assessed Value $110,411,282 | Land Value $18,845,900 | Improvement Value $91,565,382 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $98,286,097 | Land Value $9,246,934 | Improvement Value $89,039,163 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $94,792,245 | Land Value $9,124,484 | Improvement Value $85,667,761 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $94,792,245 | Land Value $9,124,484 | Improvement Value $85,667,761 | Tax Amount | Change Rate | Assessed CR | Tax Rate |