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117 Friendly Dr; Raleigh, NC Property Details

117 Friendly Dr, Raleigh, NC is a Parking Garage/structure that was built in 1988. This property is currently a cash purchase and is not for sale. Our records show that 117 Friendly Dr has a total of 100,040 square feet. The lot size of 117 Friendly Dr is 32,234 square feet.

Off market
117 Friendly Dr Raleigh, NC 27607
$7,500,000 Listing Price
100,040 SqFt
Property Type
Parking Garage/structure
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1988
  • Purchase Price: $75,000,000
  • APN: 0794.19-62-0064-000
  • Situs County: Wake
  • Length Of Ownership: 13 years, 8 months

Structure

  • Building Style: Concrete
  • Stories: 4
  • Exterior Wall Type: Tilt-up (pre-cast concrete)
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 100,040/SqFt
  • Lot: 32,234/SqFt
  • Gross: 100,040/SqFt
  • Living: 100,040/SqFt
  • Building: 100,040/SqFt
  • Price Per Square Foot: $749.70

Legal Description

  • Description: LO2 UNIVERSITY TOWERS BM2011-00896
Building Insights

Land Information

  • Property Type: Parking Garage/Structure
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.788433 / -78.67607
  • Subdivision: University Towers
  • Property Class: Commercial
  • Zoning: OX-12
  • County Use Code: 21

Amenities

  • Cooling: None
  • Garage: Garage
  • Heating: None

Ownership Info

117 Friendly Dr has no associated ownership info
117 Friendly Dr has no associated ownership info.

Taxes

117 Friendly Dr has 10 associated Taxes items

117 Friendly Dr, 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 $11,554,014. The APN we've located for 117 Friendly Dr is 0794.19-62-0064-000.

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Taxes
  • Assessed Value:  $11,554,014
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.19-62-0064-000
  • Assessed Land Value:  4641696
  • Market Land Value:  4641696
  • Tax Amount:  115366.83
  • Tax Year:  2024
  • Market Value:  11554014
  • Market Year:  2025

Tax History

117 Friendly Dr has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $11,554,014 Land Value $4,641,696 Improvement Value $6,912,318 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $11,554,014 Land Value $4,641,696 Improvement Value $6,912,318 Tax Amount $115,366.83 Change Rate +0.046585% Assessed CR Tax Rate +0.009985%
Year 2023 Assessed Value $8,889,650 Land Value $2,030,742 Improvement Value $6,858,908 Tax Amount $110,231.66 Change Rate +0.066667% Assessed CR Tax Rate +0.0124%
Year 2022 Assessed Value $8,889,650 Land Value $2,030,742 Improvement Value $6,858,908 Tax Amount $103,342.18 Change Rate +0.086957% Assessed CR Tax Rate +0.011625%
Year 2021 Assessed Value $8,889,650 Land Value $2,030,742 Improvement Value $6,858,908 Tax Amount $95,074.8 Change Rate +0.016925% Assessed CR Tax Rate +0.010695%
Year 2020 Assessed Value $8,889,650 Land Value $2,030,742 Improvement Value $6,858,908 Tax Amount $93,492.45 Change Rate +0.146801% Assessed CR Tax Rate +0.010517%
Year 2019 Assessed Value $6,228,480 Land Value $1,579,466 Improvement Value $4,649,014 Tax Amount $81,524.58 Change Rate +0.053356% Assessed CR Tax Rate +0.013089%
Year 2018 Assessed Value $6,228,480 Land Value $1,579,466 Improvement Value $4,649,014 Tax Amount $77,395.09 Change Rate +0.043938% Assessed CR Tax Rate +0.012426%
Year 2017 Assessed Value $6,228,480 Land Value $1,579,466 Improvement Value $4,649,014 Tax Amount $74,137.6 Change Rate +0.018395% Assessed CR Tax Rate +0.011903%
Year 2016 Assessed Value $6,228,480 Land Value $1,579,466 Improvement Value $4,649,014 Tax Amount $72,798.47 Change Rate +0.588925% Assessed CR Tax Rate +0.011688%
Year 2015 Assessed Value $3,864,715 Land Value $241,755 Improvement Value $3,622,960 Tax Amount $45,816.19 Change Rate +0.047447% Assessed CR Tax Rate +0.011855%
Year 2014 Assessed Value $3,864,715 Land Value $241,755 Improvement Value $3,622,960 Tax Amount $43,740.84 Change Rate Assessed CR Tax Rate +0.011318%
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