2708 Discovery Dr, Raleigh, NC 27616 Property Records

Wake County property record for 2708 Discovery Dr, Raleigh, NC 27616

Property Summary

Property TypeWarehouse, Storage
Details84,564 sqft · built 1988
Lot Size5.84 acres (254,390 sqft)
OwnerCompany Name on File
Last Sale$4,650,000 (Sep 2012)
Tax Bill$69,952 (2025)
Deeds & MortgagesJun 2022 Construction Loan
Nov 2017 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN1716.08-98-8555-000

Property Details

APN / Parcel Number

Primary APN1716.08-98-8555-000
Alternative APNs
  • 1716.08-98-8555 0168770
  • 1716988555
  • 016877001
  • 0168770

Interior

Units14 Units
Stories1 Story
Building Area84,564 sqft Gross Area
1st Floor Area84,564 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 1988
Effective Year BuiltEffective 2019
Architectural StyleConventional
Exterior MaterialPrecast Concrete Panel
Construction TypeSteel Frame
Fire ResistanceFireproof Steel Frame
Roof TypeFlat
Lot Area254,390 sqft (5.84 acres)

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHVAC
Heating FuelGas
SewerConnected

Location & Zoning

Account Number0168770
Street Address2708 DISCOVERY DR
CityRALEIGH
StateNC
Zip27616-1960
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Local Zoning CodeIX-3
Legal DescriptionLO8 NORTH BLVD N INDUSTRIAL CNTR BM1989-
Legal SubdivisionNORTH BLVD NORTH IND CE
Legal Lot Number8
JurisdictionWAKE NC
Township / Civil DivisionNEUSE
Census Block Group1
Census Block1006
Census Tract54018

Owner

2708 Discovery Dr, an industrial property, is owned by a company that bought it in September 2012.

Source: Wake County records, as of April 28, 2026

Owner of RecordCompany Name on File
Mailing Address4104 ATLANTIC AVE, 140, RALEIGH, NC 27604-1803
Owner TypeCompany
VestingCompany

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

Deeds, Mortgages & Sale History

DateDocument
Jun 13, 2022Deed of Trust, Mortgage · Construction Mortgage
DOGWOOD STATE BANK
Nov 28, 2017Deed of Trust, Mortgage
FALLS RIVER TOWN CENTER LLC
Nov 28, 2017Grant Deed, Mortgage · Line of Credit
WELLS FARGO BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 10, 2012 · Amount on File
Deed SaleSep 10, 2012 · Amount on File
Prior SaleAug 1, 2006 · Amount on File
Deed Book / Page14921 / 77
Record UpdatedOct 29, 2026

June 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address2708 DISCOVERY DR, RALEIGH, NC 27616-1960
Transaction TypeMortgage
Record UpdatedJun 22, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address4104 ATLANTIC AVE 140, 140, RALEIGH, NC 27604-1803

Mortgage

Document Number19056/1537
DateJun 13, 2022
Book Page19056/1537
Lender
NameDOGWOOD STATE BANK
TypeBank
AddressRALEIGH, NC 27609
Agreement
TypeConstruction Mortgage
AmountAmount on Record

November 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address2708 DISCOVERY DR, RALEIGH, NC 27616-1960
Document Number169792461
Instrument DateNov 28, 2017
Transaction TypeMortgage
Record UpdatedDec 5, 2017
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4104 ATLANTIC AVE #140 RALEIGH NC 276041803, 140, RALEIGH, NC 27604-1803

Mortgage

Document Number169792461
DateNov 28, 2017
Book Page016979/002461
Lender
NameFALLS RIVER TOWN CENTER LLC
Address4104 ATLANTIC AVE # 140, RALEIGH, NC 27604-1803
Agreement
AmountAmount on Record
Term180 Months
DueNov 27, 2032

November 2017: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionWAKE NC
Recording DateNov 28, 2017
Property Address2708 DISCOVERY DR, RALEIGH, NC 27616-1960
Book / Page016979 / 002426
Instrument DateNov 28, 2017
Transaction TypeMortgage
Record UpdatedJan 11, 2019
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4104 ATLANTIC AVE #140 RALEIGH NC 276041803, 140, RALEIGH, NC 27604-1803

Mortgage

Document Number169792426
DateNov 28, 2017
Book Page016979/002426
Lender
NameWELLS FARGO BK
TypeBank
Address150 FAYETTEVILLE ST, RALEIGH, NC 27601-1395
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 2708 Discovery Dr was $69,952.

Source: Wake County assessment roll, as of September 9, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyWake County
MunicipalityRaleigh City
Unified School DistrictWake County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$69,952.00$8,021,173 Land $915,797 Building $7,105,376$8,021,173 Land $915,797 Building $7,105,376
2023$61,603.00$5,651,721 Land $991,904 Building $4,659,817$5,651,721 Land $991,904 Building $4,659,817

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

Flood

FEMA maps place 2708 Discovery Dr in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective September 7, 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
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies4 in force
Nearby Flood Claims2 (1978–1979)
Most Recent ClaimMar 1979 · tidal / storm surge

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

Wildfire risk around 2708 Discovery Dr is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 98% of the US · lower than 99% of North Carolina
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

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 SystemCITY OF RALEIGH
serves 650,000 people · EPA ID NC0392010
Water SourceSurface water
Last State InspectionFeb 2026
LeadUnder 1 ppb (2023–2025)
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 171 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
Verizon
Fixed Wireless
1,000 / 75
T-Mobile
Fixed Wireless
100 / 20
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

Nearby Properties on Discovery Dr

Nearby Streets

Search Property Records by Address or Parcel Number