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Building Summary

Data last updated on: 7/15/2025     Ownership current as of: 6/5/2025     Tax Year: 2025
REID 20797

PIN # 7708-20-7268

Location Address Property Description
5265 SURRETT DR R1595;W
   
Property Owner Owner's Mailing Address
SILVER EMPIRE LLC
7120 CREEK WOOD DR
CHAPEL HILL NC 27514
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Building Location Address
5265 SURRETT DR
Card   of  2        Section   of  1
Building Details

Building Name
Primary Occupancy Type INDUSTRIAL WAREHOUSE
Primary Occupancy WAREHOUSE TRANSIT
Primary Class PRE-ENGINEERED STEEL
Primary Quality C
Year Built 1987
Effective Year 1987
Physical Depreciation (Rating) FAIR
Physical Depreciation (% Bad) 64.00%
Economic Depreciation (% Bad) 20.00%
Functional Depreciation (% Bad) 0%
Gross Leasable Area (SQFT) 45000
Remodeled Year
Total Stories 1

Section Details

Occupancy Type INDUSTRIAL WAREHOUSE


Foundation SLAB
Heat NONE
Quality C
Roof Structure PRE-ENGINEERED STEEL
Exterior Walls LIGHT METAL
Depreciation FAIR
Occupancy WAREHOUSE TRANSIT
Air Conditioning NONE
Baths ADEQUATE
Class PRE-ENGINEERED STEEL
Building Total & Improvement Details

Total Adjusted Replacement Cost New $2,514,378
Physical Depreciation (% Bad) 64.00%
Depreciated Value $905,176
Economic Depreciation (% Bad) 20.00%
Functional Depreciation (% Bad) 0%
Total Depreciated Value $724,141
Market Area Factor 1.00
Building Value $724,140
Misc Improvements Value $15,280
Total Improvement Value $739,420

Assessed Land Value $178,450
   
Assessed Total Value $1,001,560


Addition Summary 
StoryTypeCodeArea
1.00 OFFICE ENCLOSURE OFFE 3750
1.00 CANOPY ONLY CCAN 2016
1.00 CANOPY ONLY CCAN 2016
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
6x750 DIMENSIONS FENCE CHAIN LINK 1987 85 4050
14400 SIZE PAVING ASPHALT 2014 74 11230
 


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




The property records provided herein represent information as it currently exists in the Randolph County property tax system. This data is subject to change daily. Randolph County makes no warranties, expressed or implied, concerning the accuracy, completeness, reliability, or suitability of this data. Furthermore, this office assumes no liability whatsoever associated with the use or misuse of such data.

Per North Carolina General Statue 105-285-287 (d), all real property in North Carolina is subject to listing and valuation annually as it exists on January 1. Real Property assessments are based on market values as of the date of the last countywide reappraisal in 2023.

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