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4500 Old Wake Forest Rd; Raleigh, NC Property Details

4500 Old Wake Forest Rd, Raleigh, NC is a General that was built in 1983. This property is currently a cash purchase and is not for sale. Our records show that 4500 Old Wake Forest Rd has 1 bedroom, and a total of 33,990 square feet. The lot size of 4500 Old Wake Forest Rd is 116,305 square feet.

Off market
1601 N Market Dr Raleigh, NC 27609
$3,500,000 Listing Price
1 Beds
33,990 SqFt
Property Type
General
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1983
  • Purchase Price: $3,500,000
  • Open Loans / Balance: 1 / $50,360,275
  • APN: 1716.19-51-6509-000
  • Situs County: Wake
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 1

Structure

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

Measurements

  • Total: 33,990/SqFt
  • Lot: 116,305/SqFt
  • Gross: 33,990/SqFt
  • Living: 33,990/SqFt
  • Building: 33,990/SqFt
  • Ground: 33,990/SqFt
  • Price Per Square Foot: $102.97

Legal Description

  • Description: LO1 NORTH MARKET SQUARE BM1983-00596
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.841953 / -78.609955
  • Subdivision: North Market Square
  • Property Class: Commercial
  • Zoning: CX-3
  • County Use Code: 48

Amenities

  • Heating Fuel Type: Gas
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

1601 N Market Dr has no associated ownership info
1601 N Market Dr has no associated ownership info.

Taxes

1601 N Market Dr has 10 associated Taxes items

4500 Old Wake Forest 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 $6,025,616. The APN we've located for 4500 Old Wake Forest Rd is 1716.19-51-6509-000.

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Taxes
  • Assessed Value:  $6,025,616
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1716.19-51-6509-000
  • Assessed Land Value:  1297964
  • Market Land Value:  1297964
  • Tax Amount:  52549.4
  • Tax Year:  2025
  • Market Value:  6025616
  • Market Year:  2025

Tax History

1601 N Market Dr has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,025,616 Land Value $1,297,964 Improvement Value $4,727,652 Tax Amount $52,549.4 Change Rate -0.08586% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $6,618,891 Land Value $1,297,964 Improvement Value $5,320,927 Tax Amount $57,485.07 Change Rate +0.183763% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $4,455,165 Land Value $1,046,745 Improvement Value $3,408,420 Tax Amount $48,561.29 Change Rate +0.076543% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $4,455,165 Land Value $1,046,745 Improvement Value $3,408,420 Tax Amount $45,108.55 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $4,455,165 Land Value $1,046,745 Improvement Value $3,408,420 Tax Amount $43,348.76 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $4,455,165 Land Value $1,046,745 Improvement Value $3,408,420 Tax Amount $42,555.74 Change Rate Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $3,681,984 Land Value $879,266 Improvement Value $2,802,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $3,681,984 Land Value $879,266 Improvement Value $2,802,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $3,681,984 Land Value $879,266 Improvement Value $2,802,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $3,681,984 Land Value $879,266 Improvement Value $2,802,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $3,811,475 Land Value $1,453,813 Improvement Value $2,357,662 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $3,811,475 Land Value $1,453,813 Improvement Value $2,357,662 Tax Amount Change Rate Assessed CR Tax Rate
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