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116 W Jones St; Raleigh, NC Property Details

116 W Jones St, Raleigh, NC is a City/municipal Owned that was built in 1967. This property is not for sale. Our records show that 116 W Jones St has a total of 201,558 square feet. The lot size of 116 W Jones St is 176,418 square feet.

Off market
116 W Jones St Raleigh, NC 27603
$99,593,417 Estimated Value
201,558 SqFt
Property Details

Summary

  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1967
  • APN: 1704.19-60-5234-000
  • Situs County: Wake

Structure

  • Building Style: Steel
  • Stories: 5
  • Exterior Wall Type: Tilt-up (pre-cast concrete)
  • Building Condition: Average
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 201,558/SqFt
  • Lot: 176,418/SqFt
  • Gross: 201,558/SqFt
  • Living: 201,558/SqFt
  • Basement: 25,300/SqFt
  • Building: 201,558/SqFt

Legal Description

  • Description: MEDLIN DRY CLEANING BM2019-01598
Building Insights

Land Information

  • Property Type: City/Municipal Owned
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.78327 / -78.640755
  • Property Class: Exempt
  • Zoning: DX-12
  • County Use Code: 73

Amenities

  • Plus Four: 1335
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

116 W Jones St has no associated ownership info
116 W Jones St has no associated ownership info.

Taxes

116 W Jones St has 8 associated Taxes items

116 W Jones St, 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 $99,593,417. The APN we've located for 116 W Jones St is 1704.19-60-5234-000.

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Taxes
  • Assessed Value:  $99,593,417
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1704.19-60-5234-000
  • Assessed Land Value:  67479885
  • Market Land Value:  67479885
  • Market Value:  99593417
  • Market Year:  2025

Tax History

116 W Jones St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $99,593,417 Land Value $67,479,885 Improvement Value $32,113,532 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $99,593,417 Land Value $67,479,885 Improvement Value $32,113,532 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,290,200 Land Value $35,318,884 Improvement Value $27,971,316 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $63,290,200 Land Value $35,318,884 Improvement Value $27,971,316 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $63,290,200 Land Value $35,318,884 Improvement Value $27,971,316 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $63,290,200 Land Value $35,318,884 Improvement Value $27,971,316 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $50,396,682 Land Value $26,370,903 Improvement Value $24,025,779 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $50,396,682 Land Value $26,370,903 Improvement Value $24,025,779 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $50,396,682 Land Value $26,370,903 Improvement Value $24,025,779 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $50,396,682 Land Value $26,370,903 Improvement Value $24,025,779 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $32,357,316 Land Value $6,159,370 Improvement Value $26,197,946 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,357,316 Land Value $6,159,370 Improvement Value $26,197,946 Tax Amount Change Rate Assessed CR Tax Rate