1602 E Franklin St, Chapel Hill, NC 27514 Property Records

Orange County property record for 1602 E Franklin St, Chapel Hill, NC 27514

Property Summary

Property TypeOffice Building
Details41,931 sqft · built 1979
Lot Size5.1 acres (222,156 sqft)
OwnerCompany Name on Record
Tax Bill$137,806 (2026)
Flood ZoneZone X (minimal risk)
APN9799-14-1643

Property Details

APN / Parcel Number

Primary APN9799-14-1643
Alternative APN
  • 227999

Interior

Units121 Units
Stories1 Story
Building Area41,931 sqft Total Area

Exterior

Year BuiltBuilt 1979
Effective Year BuiltEffective 1983
Lot Area222,156 sqft (5.1 acres)

Utilities, Heating & Cooling

Heating FuelGas
Water SourceCommercial

Location & Zoning

Street Address1602 E FRANKLIN ST
CityCHAPEL HILL
StateNC
Zip27514-2885
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Local Zoning CodeOI2R5
Legal DescriptionE/S EAST FRANKLIN ST P127/41
JurisdictionORANGE NC
Township / Civil DivisionCHAPEL HILL
Census Block Group1
Census Block1006
Census Tract12101

Owner

Source: Orange County records, as of October 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing AddressPO BOX 71970, PHOENIX, AZ 85050-1017
Owner TypeCompany
VestingPartnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

Source: Orange County assessment roll, as of October 20, 2026

Property Jurisdictions

TypeName
StateNorth Carolina
MunicipalityChapel Hill Town
CountyOrange County
Unified School DistrictChapel Hill-Carrboro Schools (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$137,806.00 (+3.67%)$10,020,600 (-) Land $9,997,000 Building $23,600$10,020,600 (-) Land $9,997,000 Building $23,600
2025$132,929.00 (+136.65%)$10,020,600 (+205.6%) Land $9,997,000 Building $23,600$10,020,600 (+205.6%) Land $9,997,000 Building $23,600
2023$56,171.00$3,279,000 Land $1,869,500 Building $1,409,500$3,279,000 Land $1,869,500 Building $1,409,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 40 policies
Nearby Flood Policies40 in force
Nearby Flood Claims38 (2000–2025)
Claims Outside the SFHA1 of 38
Most Recent ClaimJul 2025 · rainfall accumulation
Claims by Event
  • Hurricane Florence, Sep 2018 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood0.01% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemORANGE WATER & SEWER AUTHORITY
serves 86,500 people · EPA ID NC0368010
Water SourceSurface water
Last State InspectionDec 2025
LeadUnder 1 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 165 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Google Fiber
Fiber
8,000 / 8,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · Fiber, DSL in parts of the area
100 / 20

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