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227 S Salisbury St; Raleigh, NC Property Details

227 S Salisbury St, Raleigh, NC is a Commercial Office that was built in 1920. This property is currently Financed and is not for sale. Our records show that 227 S Salisbury St has a total of 24,000 square feet. The lot size of 227 S Salisbury St is 13,068 square feet.

Off market
224 Fayetteville St Raleigh, NC 27601
$3,200,000 Listing Price
24,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $3,200,000
  • Open Loans / Balance: 1 / $3,025,094
  • APN: 1703.34-68-8048-000
  • Situs County: Wake
  • Length Of Ownership: 13 years

Structure

  • Building Style: Wood
  • Stories: 3
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 24,000/SqFt
  • Lot: 13,068/SqFt
  • Gross: 24,000/SqFt
  • Living: 24,000/SqFt
  • Building: 24,000/SqFt
  • Price Per Square Foot: $133.33

Legal Description

  • Description: LO1 RCMB BROAD REACH INVESTMENTS BM2008-
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.777462 / -78.6398
  • Subdivision: Recombination Surv Broad Reach
  • Property Class: Office
  • Zoning: DX-40
  • County Use Code: 34

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1372
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

224 Fayetteville St has no associated ownership info
224 Fayetteville St has no associated ownership info.

Taxes

224 Fayetteville St has 10 associated Taxes items

227 S Salisbury 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 $7,569,136. The APN we've located for 227 S Salisbury St is 1703.34-68-8048-000.

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Taxes
  • Assessed Value:  $7,569,136
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1703.34-68-8048-000
  • Assessed Land Value:  5975996
  • Market Land Value:  5975996
  • Tax Amount:  71157.44
  • Tax Year:  2025
  • Market Value:  7569136
  • Market Year:  2025

Tax History

224 Fayetteville St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,569,136 Land Value $5,975,996 Improvement Value $1,593,140 Tax Amount $71,157.44 Change Rate +0.003844% Assessed CR Tax Rate +0.009401%
Year 2024 Assessed Value $7,569,136 Land Value $5,975,996 Improvement Value $1,593,140 Tax Amount $70,884.95 Change Rate -0.143215% Assessed CR Tax Rate +0.009365%
Year 2023 Assessed Value $7,079,721 Land Value $4,569,880 Improvement Value $2,509,841 Tax Amount $82,733.62 Change Rate +0.071029% Assessed CR Tax Rate +0.011686%
Year 2022 Assessed Value $7,079,721 Land Value $4,569,880 Improvement Value $2,509,841 Tax Amount $77,246.83 Change Rate +0.072861% Assessed CR Tax Rate +0.010911%
Year 2021 Assessed Value $7,079,721 Land Value $4,569,880 Improvement Value $2,509,841 Tax Amount $72,000.77 Change Rate +0.017814% Assessed CR Tax Rate +0.01017%
Year 2020 Assessed Value $7,079,721 Land Value $4,569,880 Improvement Value $2,509,841 Tax Amount $70,740.58 Change Rate +1.723301% Assessed CR Tax Rate +0.009992%
Year 2019 Assessed Value $4,252,094 Land Value $1,958,240 Improvement Value $2,293,854 Tax Amount $25,976.04 Change Rate -0.471311% Assessed CR Tax Rate +0.006109%
Year 2018 Assessed Value $4,252,094 Land Value $1,958,240 Improvement Value $2,293,854 Tax Amount $49,132.95 Change Rate +0.320664% Assessed CR Tax Rate +0.011555%
Year 2017 Assessed Value $3,372,300 Land Value $1,958,240 Improvement Value $1,414,060 Tax Amount $37,203.22 Change Rate +0.019876% Assessed CR Tax Rate +0.011032%
Year 2016 Assessed Value $3,372,300 Land Value $1,958,240 Improvement Value $1,414,060 Tax Amount $36,478.17 Change Rate +0.354836% Assessed CR Tax Rate +0.010817%
Year 2015 Assessed Value $2,416,696 Land Value $653,400 Improvement Value $1,763,296 Tax Amount $26,924.41 Change Rate Assessed CR Tax Rate +0.011141%
Year 2014 Assessed Value $2,416,696 Land Value $653,400 Improvement Value $1,763,296 Tax Amount Change Rate Assessed CR Tax Rate