Building Summary

Data last updated on: 6/4/2025     Ownership current as of: 5/28/2025     Tax Year: 2025
REID 118173

 PIN # 0831-02-1359
Location Address Property Description
508 SIMMONS ST STOKESDALE/BLK:D/LT#1& PT:LT#1&2P20-4& LT#5P8-145 PL:5A-44
   
Property Owner Owner's Mailing Address
GREENE SOLUTIONS LLC
1215 ANTLER POINT DR
DURHAM NC 27713
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Building Location Address
508 SIMMONS ST
Card   of  1        Section   of  1
Building Details

Building Name OFFICE
Primary Occupancy Type COMMERCIAL
Primary Occupancy 59M-OFFICE-MASONRY
Primary Class M
Primary Quality C
Year Built 1958
Effective Year 1958
Physical Depreciation (Rating) CAW-CDU PERCENTAGE
Physical Depreciation (% Bad) 55.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 3522
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Class M
Depreciation 55%
Depreciation CAW-CDU PERCENTAGE
Heat 13-HOT-AIR-HEAT-COM
Occupancy 59M-OFFICE-MASONRY
Quality C
Exterior Walls N/A-EXT-WALL
Building Total & Improvement Details

Total Adjusted Replacement Cost New $536,023
Physical Depreciation (% Bad) CAW-CDU PERCENTAGE 55.00
Depreciated Value $241,211
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $241,211
Market Area Factor 1.00
Building Value $241,211
Misc Improvements Value $135
Total Improvement Value $241,346

Assessed Land Value $193,750
   
Assessed Total Value $435,096


Addition Summary 
StoryTypeCodeArea
1.00 Canopy Commercial 41 518
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
1 UNITS Parking Lot Light 1958 55 135
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)




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