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5121 Old Wake Forest Rd; Raleigh, NC Property Details

5121 Old Wake Forest Rd, Raleigh, NC is a Mini-warehouse, Storage that was built in 1995. This property is currently Financed and is not for sale. Our records show that 5121 Old Wake Forest Rd has a total of 58,472 square feet. The lot size of 5121 Old Wake Forest Rd is 141,570 square feet.

Off market
5121 Old Wake Forest Rd Raleigh, NC 27609
$5,649,376 Estimated Value
58,472 SqFt
Property Type
Mini-warehouse, Storage
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1995
  • Purchase Price: $2,175,000
  • APN: 1716.11-75-4121-000
  • Situs County: Wake
  • Length Of Ownership: 16 years, 3 months

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Building Condition: Good
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 58,472/SqFt
  • Lot: 141,570/SqFt
  • Gross: 58,472/SqFt
  • Living: 58,472/SqFt
  • Building: 58,472/SqFt
  • Ground: 56,840/SqFt
  • Price Per Square Foot: $37.20

Legal Description

  • Description: LO2A BFD ASSOCIATES BM1994-1388
Building Insights

Land Information

  • Property Type: Mini-Warehouse, Storage
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.85145 / -78.604034
  • Subdivision: Boundary Survey For Bfd Associates
  • Property Class: Commercial
  • Zoning: IX-3
  • County Use Code: 86

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5005
  • Cooling: None
  • Heating: None

Ownership Info

5121 Old Wake Forest Rd has no associated ownership info
5121 Old Wake Forest Rd has no associated ownership info.

Taxes

5121 Old Wake Forest Rd has 10 associated Taxes items

5121 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 $5,649,376. The APN we've located for 5121 Old Wake Forest Rd is 1716.11-75-4121-000.

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Taxes
  • Assessed Value:  $5,649,376
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1716.11-75-4121-000
  • Assessed Land Value:  1155211
  • Market Land Value:  1155211
  • Tax Amount:  49288.2
  • Tax Year:  2025
  • Market Value:  5649376
  • Market Year:  2025

Tax History

5121 Old Wake Forest Rd has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $5,649,376 Land Value $1,155,211 Improvement Value $4,494,165 Tax Amount $49,288.2 Change Rate -0.199848% Assessed CR Tax Rate +0.008725%
Year 2024 Assessed Value $7,090,215 Land Value $1,155,211 Improvement Value $5,935,004 Tax Amount $61,598.51 Change Rate +0.855685% Assessed CR Tax Rate +0.008688%
Year 2023 Assessed Value $3,043,531 Land Value $891,891 Improvement Value $2,151,640 Tax Amount $33,194.49 Change Rate +0.076494% Assessed CR Tax Rate +0.010907%
Year 2022 Assessed Value $3,043,531 Land Value $891,891 Improvement Value $2,151,640 Tax Amount $30,835.75 Change Rate +0.040569% Assessed CR Tax Rate +0.010132%
Year 2021 Assessed Value $3,043,531 Land Value $891,891 Improvement Value $2,151,640 Tax Amount $29,633.56 Change Rate +0.018622% Assessed CR Tax Rate +0.009737%
Year 2020 Assessed Value $3,043,531 Land Value $891,891 Improvement Value $2,151,640 Tax Amount $29,091.81 Change Rate Assessed CR Tax Rate +0.009559%
Year 2019 Assessed Value $3,723,068 Land Value $1,274,130 Improvement Value $2,448,938 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $3,723,068 Land Value $1,274,130 Improvement Value $2,448,938 Tax Amount $40,698.24 Change Rate +0.050248% Assessed CR Tax Rate +0.010931%
Year 2017 Assessed Value $3,723,068 Land Value $1,274,130 Improvement Value $2,448,938 Tax Amount $38,751.08 Change Rate +0.021092% Assessed CR Tax Rate +0.010408%
Year 2016 Assessed Value $3,723,068 Land Value $1,274,130 Improvement Value $2,448,938 Tax Amount $37,950.61 Change Rate +0.9256% Assessed CR Tax Rate +0.010193%
Year 2015 Assessed Value $1,901,348 Land Value $460,103 Improvement Value $1,441,245 Tax Amount $19,708.46 Change Rate Assessed CR Tax Rate +0.010366%
Year 2014 Assessed Value $1,901,348 Land Value $460,103 Improvement Value $1,441,245 Tax Amount Change Rate Assessed CR Tax Rate
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