3108 Drake Rd, Midland, NC 28107 Property Records

Cabarrus County property record for 3108 Drake Rd, Midland, NC 28107

Property Summary

Property Type	Warehouse, Storage
Details	12,500 sqft · built 2025
Lot Size	4.07 acres (177,507 sqft)
Owner	Company Name on Record
Tax Bill	$15 (2025)
Deeds & Mortgages	Jul 2026 Line of Credit
Flood Zone	Zone X (minimal risk)
APN	`5543 54 3492`

Property Details

APN / Parcel Number

Primary APN	`5543 54 3492`
Alternative APNs	`10026 0030.600000` `163144` `175547`

Interior

Stories	1 Story
Building Area	12,500 sqft Total Area
1st Floor Area	9,450 sqft
Flooring	Concrete/Cement
Interior Walls	Plywood

Exterior

Year Built	Built 2025
Effective Year Built	Effective 2025
Exterior Material	Metal
Fire Resistance	Special
Roof Type	Steel Frame/Truss
Roof Material	Metal
Lot Area	177,507 sqft (4.07 acres)
Lot Width	637 ft Width

Utilities, Heating & Cooling

Cooling System	None

Location & Zoning

Account Number	175547
Street Address	3108 DRAKE RD
City	MIDLAND
State	NC
Zip	28107-9225
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Local Zoning Code	C 601-CZ
Legal Description	PCL A JERRY M DRAKE
Legal Subdivision	MIDLAND COMMERCIAL
Jurisdiction	CABARRUS NC
Township / Civil Division	10, MIDLAND
Census Block Group	1
Census Block	1056
Census Tract	41603

Owner

Source: Cabarrus County records, as of August 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	3187 DRAKE RD, MIDLAND, NC 28107-9225
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Oct 29, 2026

July 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	CABARRUS NC
Recording Date	Jul 2, 2026
Property Address	3108 DRAKE RD, MIDLAND, NC 28107-9225
Document Number	0000015842
Book / Page	18069 / 285
Instrument Date	Jul 2, 2026
Instrument	202615842
Transaction Type	Mortgage
Record Updated	Jul 13, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership, 266
Address	3108 DRAKE RD, MIDLAND, NC 28107-9225

Mortgage

Document Number	0000015842,
Date	Jul 2, 2026
Book Page	18069/285
Instrument	202615842

Lender

Name	BUSINESS CAROLINA

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate	6.48%
Max Rate	-1%

Tax Assessment & Valuation

Source: Cabarrus County assessment roll, as of August 27, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Cabarrus County
Unified School District	Cabarrus County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$1,158,660 Land $203,230 Building $955,430
2025	$15.00
2024			$1,158,660 Land $203,230 Building $955,430

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 July 1, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	1 in force

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 Risk	Low lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 28 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
T-Mobile Fixed Wireless	100 / 20