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3501 Sumner Blvd; Raleigh, NC Property Details

3501 Sumner Blvd, Raleigh, NC is a Department Store that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 3501 Sumner Blvd has a total of 200,720 square feet. The lot size of 3501 Sumner Blvd is 646,430 square feet.

Off market
3501 Sumner Blvd Raleigh, NC 27616
$12,957,772 Estimated Value
200,720 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2002
  • Purchase Price: $8,100,000
  • APN: 1727.19-50-0121-000
  • Situs County: Wake
  • Length Of Ownership: 24 years, 3 months

Structure

  • Building Style: Steel
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Roof Type: Flat
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 200,720/SqFt
  • Lot: 646,430/SqFt
  • Gross: 200,720/SqFt
  • Living: 200,720/SqFt
  • Building: 200,720/SqFt
  • Price Per Square Foot: $40.35

Legal Description

  • Description: LO7 TRIANGLE TOWN CENTER & 63 BM2001-000
Building Insights

Land Information

  • Property Type: Department Store
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.865223 / -78.57813
  • Subdivision: Triangle Town Center
  • Property Class: Commercial
  • Zoning: CX-3
  • County Use Code: 51

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2984
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

3501 Sumner Blvd has no associated ownership info
3501 Sumner Blvd has no associated ownership info.

Taxes

3501 Sumner Blvd has 10 associated Taxes items

3501 Sumner Blvd, 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 $12,957,772. The APN we've located for 3501 Sumner Blvd is 1727.19-50-0121-000.

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Taxes
  • Assessed Value:  $12,957,772
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1727.19-50-0121-000
  • Assessed Land Value:  9680936
  • Market Land Value:  9680936
  • Tax Amount:  113004.73
  • Tax Year:  2025
  • Market Value:  12957772
  • Market Year:  2025

Tax History

3501 Sumner Blvd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,957,772 Land Value $9,680,936 Improvement Value $3,276,836 Tax Amount $113,004.73 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $12,957,772 Land Value $9,680,936 Improvement Value $3,276,836 Tax Amount $112,538.25 Change Rate +0.196537% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $8,628,985 Land Value $8,395,186 Improvement Value $233,799 Tax Amount $94,053.28 Change Rate +0.076543% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $8,628,742 Land Value $8,395,186 Improvement Value $233,556 Tax Amount $87,366.02 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $8,628,742 Land Value $8,395,186 Improvement Value $233,556 Tax Amount $83,957.66 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $8,628,742 Land Value $8,395,186 Improvement Value $233,556 Tax Amount $82,421.74 Change Rate -0.308788% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $10,289,266 Land Value $10,088,510 Improvement Value $200,756 Tax Amount $119,242.3 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $10,289,266 Land Value $10,088,510 Improvement Value $200,756 Tax Amount $112,420.52 Change Rate +0.050274% Assessed CR Tax Rate +0.010926%
Year 2017 Assessed Value $10,289,266 Land Value $10,088,510 Improvement Value $200,756 Tax Amount $107,039.24 Change Rate +0.021103% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $11,719,619 Land Value $10,088,510 Improvement Value $1,631,109 Tax Amount $104,827.04 Change Rate -0.186803% Assessed CR Tax Rate +0.008945%
Year 2015 Assessed Value $12,448,797 Land Value $4,525,010 Improvement Value $7,923,787 Tax Amount $128,907.3 Change Rate +0.054696% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $12,448,797 Land Value $4,525,010 Improvement Value $7,923,787 Tax Amount $122,222.29 Change Rate Assessed CR Tax Rate +0.009818%