4603 Atlantic Ave, Raleigh, NC 27604 Property Records

Wake County property record for 4603 Atlantic Ave, Raleigh, NC 27604

Property Summary

Property Type	Regional Shopping Center, Mall
Details	102,505 sqft · built 1988
Lot Size	14.3 acres (625,957 sqft)
Owner	Company Name on File
Last Sale	$5,275,000 (Dec 2004)
Tax Bill	$130,640 (2025)
Deeds & Mortgages	Dec 2020 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`1716.16-73-5991-000`

Property Details

APN / Parcel Number

Primary APN	`1716.16-73-5991-000`
Alternative APNs	`1716.16-73-5991 0167089` `1716735991` `016708901` `0167089`

Interior

Stories	1 Story
Building Area	102,505 sqft Gross Area
1st Floor Area	102,505 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Architectural Style	Conventional
Exterior Material	Brick
Construction Type	Steel Frame
Fire Resistance	Fireproof Steel Frame
Foundation Type	No Foundation
Roof Type	Flat
Lot Area	625,957 sqft (14.3 acres)
Total Buildings	5 Buildings

Utilities, Heating & Cooling

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

Location & Zoning

Account Number	0167089
Street Address	4603 ATLANTIC AVE
City	RALEIGH
State	NC
Zip	27604
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	CX-3
Legal Description	MILLBROOK COLLECTION SHOPPING CENTER
Legal Subdivision	MILLBROOK COLLECTION SHOPPING CENTER
Jurisdiction	WAKE NC
Township / Civil Division	NEUSE
Census Block Group	1
Census Block	1002
Census Tract	52704

Owner

Source: Wake County records · APN 1716.16-73-5991-000

Assessment roll updated September 9, 2025 · Last verified April 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 File
Mailing Address	8816 SIX FORKS RD, 201, RALEIGH, NC 27615-2983
Owner Type	Company
Vesting	Limited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 28, 2004 · Amount on Record
Deed Sale	Dec 28, 2004 · Amount on Record
Deed Book / Page	11161 / 9
Record Updated	Jun 08, 2026

December 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	WAKE NC
Property Address	4603 ATLANTIC AVE, RALEIGH, NC 27604
Document Number	183430473
Instrument Date	Dec 16, 2020
Transaction Type	Mortgage
Record Updated	Mar 08, 2021
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4603 ATLANTIC AVE RALEIGH NC 27604, RALEIGH, NC 27604

Mortgage

Document Number	183430473
Date	Feb 15, 2021
Book Page	018343/000473

Lender

Name	TRUIST BK

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Wake County records · Assessment roll updated September 9, 2025 · Last verified April 2026

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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$130,640.00 (-11.92%)	$14,979,972 (+10.08%) Land $6,249,555 Building $8,730,417	$14,979,972 (-) Land $6,249,555 Building $8,730,417
2024			$14,979,972 (+10.08%) Land $6,249,555 Building $8,730,417
2023	$148,328.00	$13,608,140 Land $5,016,733 Building $8,591,407	$13,608,140 Land $5,016,733 Building $8,591,407

Flood & Wildfire

Source: FEMA National Flood Hazard Layer as of September 7, 2026 · FEMA NFIP claims and policies as of September 2026 · USDA Forest Service Wildfire Risk to Communities as of 2024 · Last verified October 2026

Flood

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	6 in force

Wildfire

Wildfire Risk	Low lower than 96% of the US · lower than 97.9% of North Carolina
Wildfire Likelihood	Under 0.01% annual chance
Exposure	Direct burnable vegetation at the parcel

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.

Internet Providers

Source: FCC Broadband Data Collection as of December 31, 2025 · Last verified October 2026

Provider	Max 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	300 / 20
T-Mobile USA Fixed Wireless	100 / 20
AT&T DSL · Fiber, Fixed Wireless in parts of the area	100 / 20

Based on FCC filings for 201 locations within half a mile of this property.

Drinking Water

Source: EPA Safe Drinking Water Information System as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water System	CITY OF RALEIGH serves 650,000 people
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 as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.