Building Summary

Data last updated on: 4/4/2025     Ownership current as of: 3/28/2025     Tax Year: 2025
REID 101864

PIN # 0822-32-3315

Location Address Property Description
725 IREDELL ST PROP-CLEARY WALT/LT#03-04 PL:000019-000171
   
Property Owner Owner's Mailing Address
REA II CEDAR TERRACE LLC;REA MOREHEAD JUNIPER INC
3333 DURHAM CHAPEL HILL BLVD STE C
DURHAM NC 27707
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Notes
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Photos
Map
Building Location Address
725 IREDELL ST
Card   of  1        Section   of  1
Building Details

Building Name RETAIL STORE
Primary Occupancy Type COMMERCIAL
Primary Occupancy 69M-RETAIL-STORE-MAS
Primary Class M
Primary Quality B+20
Year Built 2005
Effective Year 2005
Physical Depreciation (Rating) CGW-CDU PERCENTAGE
Physical Depreciation (% Bad) 25.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 5884
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Class M
Depreciation 25%
Depreciation CGW-CDU PERCENTAGE
Heat 15-HEAT-&-AC-COM
Occupancy 69M-RETAIL-STORE-MAS
Quality B+20
Exterior Walls N/A-EXT-WALL
Building Total & Improvement Details

Total Adjusted Replacement Cost New $1,394,214
Physical Depreciation (% Bad) CGW-CDU PERCENTAGE 25.00
Depreciated Value $1,045,660
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $1,045,660
Market Area Factor 1.00
Building Value $1,045,660
Misc Improvements Value $6,040
Total Improvement Value $1,051,700

Assessed Land Value $738,000
   
Assessed Total Value $1,789,700


Addition Summary 
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
3300 SIZE Asphalt Paving 2005 65 4909
170 SIZE Fence, Chain 6' 2005 65 1131
 


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




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