Income Summary

Data last updated on: 4/3/2025     Ownership current as of: 3/27/2025     Tax Year: 2025
REID 174383

 PIN # 0812-27-7677
Location Address Property Description
3700 HILLSBOROUGH RD PROP-ERWIN COTTON MILLS C OMPANY DBA/DURHAM AUTO M PL:000015-000097
   
Property Owner Owner's Mailing Address
NEAL ROAD INDUSTRIAL PARK LLC
4205 PLEASANT GREEN RD
DURHAM NC 27705
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Map
Income Modeling
Income Model Type Office Md 1 Cl C ND
Income Location Excellent
Economic Year Built 1988
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
LEASEABLE AREA - OFFICESQFT 480 $23.00 $11,040.00


Total Units 0
Total Sqft 480
Total Potential Gross Income $11,040.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $1,104.00
     Deductions Total (% of PGI) 10.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $9,936.00
 
Total Expenses $0.00
Total Expenses Override $3,159.65
NET Income $6,776.35
     Percentage of PGI 61.380%
     Percentage of EGI 68.200%
 
Final Value

Income Method Overall Rate
Rate Used 0.093950


Total Value $72,127.20
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $72,127.00
Final Value Override $0.00
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