3209 Gresham Lake Rd, Raleigh, NC 27615 Property Records

Wake County property record for 3209 Gresham Lake Rd, Raleigh, NC 27615

Property Summary

Property Type	Warehouse, Storage
Details	112,240 sqft · built 1986
Lot Size	11 acres (483,080 sqft)
Owner	Company Name on File
Last Sale	$11,000,000 (Jul 2018)
Tax Bill	$143,315 (2025)
Deeds & Mortgages	Apr 2021 Transfer Apr 2021 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`1727.10-47-2326-000`

Property Details

APN / Parcel Number

Primary APN	`1727.10-47-2326-000`
Alternative APNs	`1727.10-47-2326 0085523` `1727472326` `008552301` `0085523`

Interior

Units	61 Units
Stories	1 Story
Building Area	112,240 sqft Gross Area
1st Floor Area	112,240 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1996
Architectural Style	Conventional
Exterior Material	Concrete Block
Construction Type	Steel Frame
Fire Resistance	Fireproof Steel Frame
Foundation Type	No Foundation
Roof Type	Flat
Lot Area	483,080 sqft (11 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	0085523
Street Address	3209 GRESHAM LAKE RD
City	RALEIGH
State	NC
Zip	27615-3757
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Local Zoning Code	IX-3
Legal Description	LO1-4 SINGLETON INDUSTRIAL PK BLC
Legal Subdivision	SINGLETON INDUST PARK
Legal Lot Number	1-4
Jurisdiction	WAKE NC
Township / Civil Division	NEUSE
Census Block Group	2
Census Block	2005
Census Tract	54016

Owner

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

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

Owner of Record	Company Name on File
Mailing Address	200 PARK AVE, 803, NEW YORK, NY 10166-0025
Owner Type	Company
Vesting	Limited Partnership

Deeds, Mortgages & Sale History

Date	Document
Apr 12, 2021	Quit Claim Deed, Transfer LAND SERVICES USA INC, LAND SVCS USA INC
Apr 2, 2021	Deed of Trust, Mortgage · Line of Credit GOLDMAN SACHS BK USA
Jul 18, 2018	Grant Deed, Transfer OTHER

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jul 18, 2018 · Amount on Record
Deed Sale	Jul 18, 2018 · Amount on Record
Prior Sale	Jan 18, 2006 · Amount on Record
Deed Book / Page	17187 / 1697
Prior Transfer Date	Jan 13, 2006
Prior Transfer Doc	11778/1870
Record Updated	Jun 8, 2026

April 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	WAKE NC
Recording Date	Apr 12, 2021
Property Address	3209 GRESHAM LAKE RD, RALEIGH, NC 27615-3757
Document Number	184472470
Book / Page	018447 / 002470
Instrument Date	Apr 8, 2021
Transaction Type	Transfer
Record Updated	May 4, 2021
Title Company	LAND SERVICES USA INC, LAND SVCS USA INC

Transaction

Tax	$209,520.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	3843 W CHESTER PIKE NEWTOWN SQUARE PA 190732304, NEWTOWN SQUARE, PA 19073-2304

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	WAKE NC
Property Address	3209 GRESHAM LAKE RD, RALEIGH, NC 27615-3757
Document Number	184610742
Instrument Date	Apr 2, 2021
Transaction Type	Mortgage
Record Updated	May 11, 2021
Title Company	LAND SERVICES USA INC, LAND SVCS USA INC

Transaction

Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	3843 W CHESTER PIKE NEWTOWN SQUARE PA 190732304, NEWTOWN SQUARE, PA 19073-2304

Mortgage

Document Number	184610742
Date	Apr 20, 2021
Book Page	018461/000742

Lender

Name	GOLDMAN SACHS BK USA
Type	Bank
Address	2001 ROSS AVE # 30TH, DALLAS, TX 75201-2911

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	60 Months
Due	Apr 19, 2026

Interest

Rate Type	Adjustable Rate

July 2018: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	WAKE NC
Recording Date	Jul 18, 2018
Property Address	3209 GRESHAM LAKE RD, RALEIGH, NC 27615-3757
Document Number	171871697
Book / Page	017187 / 001697
Instrument Date	Jul 9, 2018
Transaction Type	Transfer
Record Updated	Aug 1, 2018
Title Company	OTHER

Transaction

Amount	Amount Recorded
Tax	$22,000.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3843 W CHESTER PIKE NEWTOWN SQUARE PA 190732304, NEWTOWN SQUARE, PA 19073-2304
Investor	Possibly a Property Investor

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	North Carolina
County	Wake County
Municipality	Raleigh City
Unified School District	Wake County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$143,315.00 (+24.81%)	$16,433,366 (+56%) Land $2,916,264 Building $13,517,102	$16,433,366 (-) Land $2,916,264 Building $13,517,102
2024			$16,433,366 (+56%) Land $2,916,264 Building $13,517,102
2023	$114,822.00	$10,534,162 Land $2,429,636 Building $8,104,526	$10,534,162 Land $2,429,636 Building $8,104,526

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 September 7, 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 5 (25% premium discount)
Nearby Flood Policies	7 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	Not rated no burnable land within ember reach

Drinking Water

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

Water System	CITY OF RALEIGH serves 650,000 people · EPA ID NC0392010
Water Source	Surface water
Last State Inspection	Feb 2026
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 20 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL	5,000 / 5,000

May also be available: Spectrum, Verizon.

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