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1145 Falls River Ave; Raleigh, NC Property Details

1145 Falls River Ave, Raleigh, NC is a Shopping Center/mall that was built in 2006. This property is currently Financed and is not for sale. Our records show that 1145 Falls River Ave has a total of 5,653 square feet. The lot size of 1145 Falls River Ave is 48,787 square feet.

Off market
1151 Falls River Ave Raleigh, NC 27614
$1,877,182 Estimated Value
5,653 SqFt
Property Type
Shopping Center/mall
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2006
  • Purchase Price: $18,700,000
  • Open Loans: 1
  • APN: 1728.01-25-0624-000
  • Situs County: Wake
  • Length Of Ownership: 9 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Brick
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 5,653/SqFt
  • Lot: 48,787/SqFt
  • Gross: 5,653/SqFt
  • Living: 5,653/SqFt
  • Building: 5,653/SqFt
  • Ground: 5,653/SqFt
  • Price Per Square Foot: $3307.98

Legal Description

  • Description: LO5 FALLS RIVER TOWN CENTER TWO BM2005-0
Building Insights

Land Information

  • Property Type: Shopping Center/Mall
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.90795 / -78.58795
  • Subdivision: Falls River Town Center
  • Property Class: Commercial
  • Zoning: PD
  • County Use Code: 55

Amenities

  • Plus Four: 8515
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1151 Falls River Ave has no associated ownership info
1151 Falls River Ave has no associated ownership info.

Taxes

1151 Falls River Ave has 10 associated Taxes items

1145 Falls River Ave, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,877,182. The APN we've located for 1145 Falls River Ave is 1728.01-25-0624-000.

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Taxes
  • Assessed Value:  $1,877,182
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1728.01-25-0624-000
  • Assessed Land Value:  494700
  • Market Land Value:  494700
  • Tax Amount:  16370.91
  • Tax Year:  2025
  • Market Value:  1877182
  • Market Year:  2025

Tax History

1151 Falls River Ave has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,877,182 Land Value $494,700 Improvement Value $1,382,482 Tax Amount $16,370.91 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $1,877,182 Land Value $494,700 Improvement Value $1,382,482 Tax Amount $16,303.33 Change Rate +0.139766% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $1,312,303 Land Value $396,711 Improvement Value $915,592 Tax Amount $14,304.1 Change Rate +0.076543% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $1,312,303 Land Value $396,711 Improvement Value $915,592 Tax Amount $13,287.07 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $1,312,303 Land Value $396,711 Improvement Value $915,592 Tax Amount $12,768.71 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $1,312,303 Land Value $396,711 Improvement Value $915,592 Tax Amount $12,535.12 Change Rate -0.286523% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $1,516,011 Land Value $396,775 Improvement Value $1,119,236 Tax Amount $17,569.05 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $1,516,011 Land Value $396,775 Improvement Value $1,119,236 Tax Amount $16,563.94 Change Rate +0.050274% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $1,516,011 Land Value $396,775 Improvement Value $1,119,236 Tax Amount $15,771.06 Change Rate +0.021103% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $1,516,011 Land Value $396,775 Improvement Value $1,119,236 Tax Amount $15,445.12 Change Rate -0.003555% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $1,496,884 Land Value $332,971 Improvement Value $1,163,913 Tax Amount $15,500.23 Change Rate +0.054695% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $1,496,884 Land Value $332,971 Improvement Value $1,163,913 Tax Amount $14,696.41 Change Rate Assessed CR Tax Rate +0.009818%
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