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8924 Midway West Rd; Raleigh, NC Property Details

8924 Midway West Rd, Raleigh, NC is a Warehouse that was built in 2023. This property is currently Financed and is not for sale. Our records show that 8924 Midway West Rd has a total of 120,120 square feet. The lot size of 8924 Midway West Rd is 917,374 square feet.

Off market
8924 Midway West Rd Raleigh, NC 27617
$16,820,316 Estimated Value
120,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2023
  • Purchase Price: $10,000,000
  • Open Loans / Balance: 1 / $49,128
  • APN: 0778.01-25-2885-000
  • Situs County: Wake
  • Length Of Ownership: 4 years

Structure

  • Building Style: Steel
  • Stories: 1
  • Exterior Wall Type: Tilt-up (pre-cast concrete)
  • Water Source: Yes

Measurements

  • Total: 120,120/SqFt
  • Lot: 917,374/SqFt
  • Gross: 120,120/SqFt
  • Living: 120,120/SqFt
  • Building: 120,120/SqFt
  • Ground: 120,120/SqFt
  • Price Per Square Foot: $83.25

Legal Description

  • Description: PROPERTY OF LEESBOROUGH ASSOC BM2005-011
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.90874 / -78.75589
  • Subdivision: Property/Leesboroughassocs
  • Property Class: Industrial
  • Zoning: IX-3
  • County Use Code: 84

Amenities

  • Plus Four: 4604
  • Cooling: Central
  • Heating: Yes

Ownership Info

8924 Midway West Rd has no associated ownership info
8924 Midway West Rd has no associated ownership info.

Taxes

8924 Midway West Rd has 10 associated Taxes items

8924 Midway West 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 $16,820,316. The APN we've located for 8924 Midway West Rd is 0778.01-25-2885-000.

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Taxes
  • Assessed Value:  $16,820,316
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0778.01-25-2885-000
  • Assessed Land Value:  8509790
  • Market Land Value:  8509790
  • Tax Amount:  146689.97
  • Tax Year:  2025
  • Market Value:  16820316
  • Market Year:  2025

Tax History

8924 Midway West Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,820,316 Land Value $8,509,790 Improvement Value $8,310,526 Tax Amount $146,689.97 Change Rate +0.004145% Assessed CR Tax Rate +0.008721%
Year 2024 Assessed Value $16,820,316 Land Value $8,509,790 Improvement Value $8,310,526 Tax Amount $146,084.44 Change Rate +5.357551% Assessed CR Tax Rate +0.008685%
Year 2023 Assessed Value $2,108,082 Land Value $1,992,822 Improvement Value $115,260 Tax Amount $22,978.1 Change Rate +0.076544% Assessed CR Tax Rate +0.0109%
Year 2022 Assessed Value $2,108,082 Land Value $1,992,822 Improvement Value $115,260 Tax Amount $21,344.33 Change Rate +0.040596% Assessed CR Tax Rate +0.010125%
Year 2021 Assessed Value $2,108,082 Land Value $1,992,822 Improvement Value $115,260 Tax Amount $20,511.64 Change Rate +0.018635% Assessed CR Tax Rate +0.00973%
Year 2020 Assessed Value $2,108,082 Land Value $1,992,822 Improvement Value $115,260 Tax Amount $20,136.4 Change Rate -0.10169% Assessed CR Tax Rate +0.009552%
Year 2019 Assessed Value $1,934,237 Land Value $1,816,157 Improvement Value $118,080 Tax Amount $22,415.88 Change Rate +0.060681% Assessed CR Tax Rate +0.011589%
Year 2018 Assessed Value $1,816,157 Land Value $1,816,157 Improvement Value Tax Amount $21,133.48 Change Rate +0.118559% Assessed CR Tax Rate +0.011636%
Year 2017 Assessed Value $1,816,157 Land Value $1,816,157 Improvement Value Tax Amount $18,893.49 Change Rate +0.021104% Assessed CR Tax Rate +0.010403%
Year 2016 Assessed Value $1,816,157 Land Value $1,816,157 Improvement Value Tax Amount $18,503 Change Rate -0.008261% Assessed CR Tax Rate +0.010188%
Year 2015 Assessed Value $1,801,751 Land Value $1,801,751 Improvement Value Tax Amount $18,657.13 Change Rate +0.054695% Assessed CR Tax Rate +0.010355%
Year 2014 Assessed Value $1,801,751 Land Value $1,801,751 Improvement Value Tax Amount $17,689.59 Change Rate Assessed CR Tax Rate +0.009818%