Taxes
- Assessed Value: $85,087,079
- Assessed Year: 2025
- Assessed County: Durham
- APN: 157823
- Assessed Land Value: 20874088
- Market Land Value: 20874088
- Tax Amount: 643841.47
- Tax Year: 2025
- Market Value: 85087079
- Market Year: 2025
5 Laboratory Dr; Durham, NC Property Details
Off market
5 Laboratory Dr Durham, NC 27709
$85,087,079 Estimated Value
353,339 SqFt
Property Type
Manufacturing (Light)Property Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2020
- Purchase Price: $8,750,000
- Inv. Liens: 1
- APN: 157823
- Situs County: Durham
- Length Of Ownership: 9 years, 3 months
Structure
- Stories: 2
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 353,339/SqFt
- Lot: 1,130,382/SqFt
- Living: 353,339/SqFt
- Building: 353,339/SqFt
- Ground: 91,206/SqFt
- Price Per Square Foot: $24.76
Legal Description
- Description: PROP-ARE-NC REGION NO 17 LLC DBA/ARE PL:000202-000321
Building Insights
Land Information
- Property Type: Manufacturing (light)
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Durham Public Schools
- Lat / Lon: 35.89996 / -78.85354
- Property Class: Industrial
- Zoning: SRP
- County Use Code: 716
Amenities
- Plus Four: 0012
- Cooling: Yes
- Heating: Yes
Ownership Info
5 Laboratory Dr has no associated ownership info
5 Laboratory Dr has no associated ownership info.
Taxes
5 Laboratory Dr has 10 associated Taxes items
5 Laboratory Dr, 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 $85,087,079. The APN we've located for 5 Laboratory Dr is 157823.
Unlock the full reportTax History
5 Laboratory Dr 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 $85,087,079 | Land Value $20,874,088 | Improvement Value $64,212,991 | Tax Amount $643,841.5 | Change Rate +0.271527% | Assessed CR | Tax Rate +0.007567% |
| Year 2024 | Assessed Value $47,483,953 | Land Value $2,549,075 | Improvement Value $44,934,878 | Tax Amount $506,352.88 | Change Rate +0.035395% | Assessed CR | Tax Rate +0.010664% |
| Year 2023 | Assessed Value $47,483,953 | Land Value $2,549,075 | Improvement Value $44,934,878 | Tax Amount $489,043.41 | Change Rate -0.2155% | Assessed CR | Tax Rate +0.010299% |
| Year 2022 | Assessed Value $47,604,058 | Land Value $2,549,075 | Improvement Value $45,054,983 | Tax Amount $623,382.38 | Change Rate +2.246121% | Assessed CR | Tax Rate +0.013095% |
| Year 2021 | Assessed Value $19,782,554 | Land Value $2,549,075 | Improvement Value $17,233,479 | Tax Amount $192,039.19 | Change Rate +0.050061% | Assessed CR | Tax Rate +0.009708% |
| Year 2020 | Assessed Value $19,360,044 | Land Value $2,126,565 | Improvement Value $17,233,479 | Tax Amount $182,883.77 | Change Rate +0.038072% | Assessed CR | Tax Rate +0.009446% |
| Year 2019 | Assessed Value $19,360,044 | Land Value $2,126,565 | Improvement Value $17,233,479 | Tax Amount $176,176.41 | Change Rate -0.014548% | Assessed CR | Tax Rate +0.0091% |
| Year 2018 | Assessed Value $18,133,417 | Land Value $2,490,700 | Improvement Value $15,642,717 | Tax Amount $178,777.34 | Change Rate +0.022353% | Assessed CR | Tax Rate +0.009859% |
| Year 2017 | Assessed Value $18,293,594 | Land Value $2,490,700 | Improvement Value $15,802,894 | Tax Amount $174,868.47 | Change Rate +0.029621% | Assessed CR | Tax Rate +0.009559% |
| Year 2016 | Assessed Value $18,293,594 | Land Value $2,490,700 | Improvement Value $15,802,894 | Tax Amount $169,837.73 | Change Rate +0.008165% | Assessed CR | Tax Rate +0.009284% |
| Year 2015 | Assessed Value $17,349,359 | Land Value $2,263,500 | Improvement Value $15,085,859 | Tax Amount $168,462.27 | Change Rate +0.005176% | Assessed CR | Tax Rate +0.00971% |
| Year 2014 | Assessed Value $17,349,359 | Land Value $2,263,500 | Improvement Value $15,085,859 | Tax Amount $167,594.8 | Change Rate | Assessed CR | Tax Rate +0.00966% |