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523 E Peabody St; Durham, NC Property Details

523 E Peabody St, Durham, NC is a Parking Lot that was built in 2023. This property is currently a cash purchase and is not for sale. Our records show that 523 E Peabody St has a total of 303,996 square feet. The lot size of 523 E Peabody St is 42,689 square feet.

Off market
500 E Main St Durham, NC 27701
$53,943,220 Estimated Value
303,996 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2023
  • Purchase Price: $405,000
  • Open Loans: 1
  • APN: 102897
  • Situs County: Durham
  • Length Of Ownership: 19 years, 6 months

Structure

  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 303,996/SqFt
  • Lot: 42,689/SqFt
  • Living: 303,996/SqFt
  • Building: 303,996/SqFt
  • Price Per Square Foot: $1.33

Legal Description

  • Description: PROP-500 EAST MAIN ST/LT#01 PL:000206-000212
Building Insights

Land Information

  • Property Type: Parking Lot
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.991386 / -78.89491
  • Property Class: Commercial
  • Zoning: DD-S1
  • County Use Code: 653

Amenities

  • Plus Four: 3722

Ownership Info

500 E Main St has no associated ownership info
500 E Main St has no associated ownership info.

Taxes

500 E Main St has 10 associated Taxes items

523 E Peabody 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 $53,943,220. The APN we've located for 523 E Peabody St is 102897.

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Taxes
  • Assessed Value:  $53,943,220
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  102897
  • Assessed Land Value:  1763047
  • Market Land Value:  1763047
  • Tax Amount:  572499.39
  • Tax Year:  2025
  • Market Value:  53943220
  • Market Year:  2025

Tax History

500 E Main St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,943,220 Land Value $1,763,047 Improvement Value $52,180,173 Tax Amount $572,499.38 Change Rate -0.045809% Assessed CR Tax Rate +0.010613%
Year 2024 Assessed Value $40,957,342 Land Value $1,244,302 Improvement Value $39,713,040 Tax Amount $599,984.12 Change Rate +33.9435% Assessed CR Tax Rate +0.014649%
Year 2023 Assessed Value $5,977,637 Land Value $1,244,302 Improvement Value $4,733,335 Tax Amount $17,170.12 Change Rate Assessed CR Tax Rate +0.002872%
Year 2022 Assessed Value $3,366,804 Land Value $3,190,980 Improvement Value $175,824 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $3,366,804 Land Value $3,190,980 Improvement Value $175,824 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $3,366,804 Land Value $3,190,980 Improvement Value $175,824 Tax Amount $44,236.44 Change Rate Assessed CR Tax Rate +0.013139%
Year 2019 Assessed Value $3,366,804 Land Value $3,190,980 Improvement Value $175,824 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $760,664 Land Value $537,669 Improvement Value $222,995 Tax Amount $10,318.41 Change Rate Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $760,664 Land Value $537,669 Improvement Value $222,995 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $760,664 Land Value $537,669 Improvement Value $222,995 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $822,954 Land Value $537,669 Improvement Value $285,285 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $822,954 Land Value $537,669 Improvement Value $285,285 Tax Amount Change Rate Assessed CR Tax Rate