Guilford County North Carolina
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Guilford County Real Property Data          

Building Summary

Data last updated on: 2/3/2025     Ownership current as of: 1/31/2025     Tax Year: 2025
REID 11824

PIN # 7854-83-9603

Location Address Property Description
1608 SPRING GARDEN ST WALGREENS/UNCG PL:174-50
   
Property Owner Owner's Mailing Address
LEVI FAMILY PARTNERSHIP LP
18034 VENTURA BLVD STE 432
ENCINO CA 91316
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Building Location Address
1608 SPRING GARDEN ST
Card   of  1        Section   of  1
Building Details

Building Name WALGREENS
Primary Occupancy Type Stores and Commerci
Primary Occupancy 13-511-Drug Store
Primary Class B
Primary Quality Excellent
Year Built 2007
Effective Year 2012
Physical Depreciation (Rating) A
Physical Depreciation (% Bad) 15.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 14514
Remodeled Year
Total Stories 1

Section Details

Occupancy Type Stores and Commerci


Sprinkler 681-Sprinklers
Quality Excellent
Occupancy 13-511-Drug Store
Interior Finish DRYWALL/SHEETROCK
Heat 3-Default Heating
STANDARD FIREPLACE 0
CUSTOM FIRE PLACE 0
Depreciation 6%
Depreciation A
Class B
FIXTURES 8
Air Conditioning CENTRAL
Exterior Walls 805-Brick with Block
Building Total & Improvement Details

Total Adjusted Replacement Cost New $2,426,788
Physical Depreciation (% Bad) A 15.00
Depreciated Value $2,234,844
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $2,234,844
Market Area Factor 1.00
Building Value $2,234,800
Misc Improvements Value $9,900
Total Improvement Value $2,244,700

Assessed Land Value $871,200
   
Assessed Total Value $3,115,900


Addition Summary 
StoryTypeCodeArea
1.00 Base, Semi-Finished SFB0 1639
1.00 Canopy CAN0 432
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
10000 UNITS PAVING ASP 2007 56 9900
 


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





Per North Carolina General Statute 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 2022.

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