Building Summary

Data last updated on: 4/2/2025     Ownership current as of: 3/27/2025     Tax Year: 2025
REID 123208

PIN # 0810-77-4078

Location Address Property Description
3109 UNIVERSITY DR PROP-GAR INC/LT#03 DBA/ALFRED WILLIAMS & CO PL:000118-000153
   
Property Owner Owner's Mailing Address
TRIANGLE REAL ESTATE DEVELOPERS LLC
3109 UNIVERSITY DR
DURHAM NC 27707
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Building Location Address
3109 UNIVERSITY DR
Card   of  1        Section   of  2
Building Details

Building Name OFFICE
Primary Occupancy Type COMMERCIAL
Primary Occupancy 59M-OFFICE-MASONRY
Primary Class M
Primary Quality B-10
Year Built 1989
Effective Year 1989
Physical Depreciation (Rating) CAW-CDU PERCENTAGE
Physical Depreciation (% Bad) 52.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 6740
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Class M
Depreciation 52%
Depreciation CAW-CDU PERCENTAGE
Heat 15-HEAT-&-AC-COM
Occupancy 59M-OFFICE-MASONRY
Quality B-10
Exterior Walls N/A-EXT-WALL
Building Total & Improvement Details

Total Adjusted Replacement Cost New $1,277,745
Physical Depreciation (% Bad) CAW-CDU PERCENTAGE 52.00
Depreciated Value $613,318
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $613,318
Market Area Factor 1.00
Building Value $613,318
Misc Improvements Value $11,700
Total Improvement Value $625,018

Assessed Land Value $480,000
   
Assessed Total Value $1,088,320


Addition Summary 
StoryTypeCodeArea
1.00 Canopy Commercial 41 240
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
7800 SIZE Concrete Paving 1989 75 11700
 


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




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