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1226 Ridge Rd; Raleigh, NC Property Details

1226 Ridge Rd, Raleigh, NC is a Shopping Center/mall that was built in 1951. This property is currently a cash purchase and is not for sale. Our records show that 1226 Ridge Rd has a total of 91,858 square feet. The lot size of 1226 Ridge Rd is 429,502 square feet.

Off market
1200 Ridge Rd Raleigh, NC 27607
$32,009,589 Estimated Value
91,858 SqFt
Property Type
Shopping Center/mall
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1951
  • Purchase Price: $45,835,500
  • APN: 0794.10-37-2031-000
  • Situs County: Wake
  • Length Of Ownership: 8 years

Structure

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

Measurements

  • Total: 91,858/SqFt
  • Lot: 429,502/SqFt
  • Gross: 91,858/SqFt
  • Living: 91,858/SqFt
  • Basement: 3,935/SqFt
  • Building: 91,858/SqFt
  • Ground: 91,858/SqFt
  • Price Per Square Foot: $498.98

Legal Description

  • Description: LONEW 1 RIDGEWOOD SHOPPING CENTER LLC BM
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: 35.80212 / -78.68558
  • Subdivision: Ridgewood Shopping Center Llc
  • Property Class: Commercial
  • Zoning: CX-3
  • County Use Code: 55

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6835
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1200 Ridge Rd has no associated ownership info
1200 Ridge Rd has no associated ownership info.

Taxes

1200 Ridge Rd has 10 associated Taxes items

1226 Ridge Rd, 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 $32,009,589. The APN we've located for 1226 Ridge Rd is 0794.10-37-2031-000.

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Taxes
  • Assessed Value:  $32,009,589
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0794.10-37-2031-000
  • Assessed Land Value:  7885657
  • Market Land Value:  7885657
  • Tax Amount:  279155.62
  • Tax Year:  2025
  • Market Value:  32009589
  • Market Year:  2025

Tax History

1200 Ridge Rd has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,009,589 Land Value $7,885,657 Improvement Value $24,123,932 Tax Amount $279,155.62 Change Rate +0.017185% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $31,599,252 Land Value $7,885,657 Improvement Value $23,713,595 Tax Amount $274,439.5 Change Rate +0.0264% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $24,530,343 Land Value $5,914,243 Improvement Value $18,616,100 Tax Amount $267,380.75 Change Rate +0.061688% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $24,873,574 Land Value $5,914,243 Improvement Value $18,959,331 Tax Amount $251,844.91 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $24,873,574 Land Value $5,914,243 Improvement Value $18,959,331 Tax Amount $242,019.91 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $24,873,574 Land Value $5,914,243 Improvement Value $18,959,331 Tax Amount $237,592.38 Change Rate +0.153152% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $17,778,697 Land Value $3,942,828 Improvement Value $13,835,869 Tax Amount $206,037.31 Change Rate Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $17,778,697 Land Value $3,942,828 Improvement Value $13,835,869 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $17,778,697 Land Value $3,942,828 Improvement Value $13,835,869 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $17,823,265 Land Value $3,942,828 Improvement Value $13,880,437 Tax Amount $181,583.44 Change Rate Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $13,547,319 Land Value $3,693,717 Improvement Value $9,853,602 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,678,640 Land Value $3,693,717 Improvement Value $9,984,923 Tax Amount Change Rate Assessed CR Tax Rate
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