Building Summary

Data last updated on: 11/13/2024     Ownership current as of: 11/5/2024     Tax Year: 2024
REID 121866

PIN # 0810-57-5187

Location Address Property Description
3514 UNIVERSITY DR PROP-PICKETT T W/LT#02 PL:000097-000023
   
Property Owner Owner's Mailing Address
ABSOLUTE INVESTMENT PROPERTIESLLP
P O BOX 51819
DURHAM NC 27717
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Building Location Address
3514 UNIVERSITY DR
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 1982
Effective Year 1982
Physical Depreciation (Rating) CAR-CDU PERCENTAGE
Physical Depreciation (% Bad) 47.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 10720
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Exterior Walls N/A-EXT-WALL
Occupancy 59M-OFFICE-MASONRY
Quality C
Heat 15-HEAT-&-AC-COM
Class M
Depreciation 47%
Depreciation CAR-CDU PERCENTAGE
Building Total & Improvement Details

Total Adjusted Replacement Cost New $1,172,306
Physical Depreciation (% Bad) CAR-CDU PERCENTAGE 47.00
Depreciated Value $621,323
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $621,323
Market Area Factor 1.00
Building Value $629,368
Misc Improvements Value $10,313
Total Improvement Value $639,681

Assessed Land Value $266,587
   
Assessed Total Value $906,268


Addition Summary 
StoryTypeCodeArea
1.00 Canopy Commercial 41 60
1.00 Office Finished CF03 5360
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
12500 SIZE Asphalt Paving 1980 75 10313
 


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




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