5 Laboratory Dr, Durham, NC 27709 Property Records

Durham County property record for 5 Laboratory Dr, Durham, NC 27709 · Last verified October 2025

Property Highlights

Property TypeIndustrial > Manufacturing (Light)
Year BuiltBuilt 1988
Square Footage353,339 sqft Heated Area
Lot Size1,130,382 sqft (25.9 acres)
Last Sale$8,750,000 (2017)
Tax Bill$643,841.00 (2025)

Property Details

APN / Parcel Number

Primary APN0748-32-3555
Alternative APNs
  • 0748-32-35-5576
  • 074803323707
  • 157823

Interior

Building Area353,339 sqft Heated Area
Gross Area87,528 sqft Gross Area
1st Floor91,206 sqft 1st Floor
Stories2 Stories
ElevatorElevator

Exterior

Year BuiltBuilt 1988
Lot Area1,130,382 sqft (25.9 acres)

Utilities and HVAC

Cooling SystemHVAC Cooling
Heating SystemHot Water Heating

Location & Zoning

Old Parcel Number074803323707
Street Address5 LABORATORY DR
CityDURHAM
StateNC
Zip27709-0012
Property UsageIndustrial Property Usage
TypeIndustrial > Manufacturing (Light)
Legal DescriptionPROP-ARE-NC REGION NO 17 LLC DBA/ARE PL:000202-000321
Legal SubdivisionNOVARTIS BIOTECHNOLOGY
Legal Block32
Legal Lot Number1
JurisdictionDURHAM NC
Minor Civil DivisionTRIANGLE
Census Blockgroup1
Census Block1028
Census Tract980100

Owner

Source: Durham County records · APN 0748-32-3555

Assessment roll updated January 1, 2025 · Last verified October 2025

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

Owner of RecordCompany Name on File
Mailing AddressPO BOX 847, CARLSBAD, CA 92018-0847
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Oct 09, 2018Quit Claim Deed, Transfer
ATTORNEY ONLY
May 25, 2017Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleMay 25, 2017 · Amount on Record
Deed SaleMay 25, 2017 · Amount on Record
Deed Doc Number0008191636
Deed Book / Page8191 / 636
Record RefreshedJun 08, 2026

October 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionDURHAM NC
Recording DateOct 09, 2018
Property Address5 LABORATORY DR, RESEARCH TRIANGLE PARK, NC 27709
Document Number0085240030
Book / Page008524 / 000030
Instrument DateOct 05, 2018
Instrument35470
Transaction TypeTransfer
Record UpdatedOct 24, 2018
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim Document

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address385 E COLORADO BLVD #299 PASADENA CA 911016104, 299, PASADENA, CA 91101-6104

May 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionDURHAM NC
Recording DateMay 25, 2017
Property Address5 LABORATORY DR, RESEARCH TRIANGLE PARK, NC 27709
Document Number0081910636
Book / Page008191 / 000636
Instrument DateMay 24, 2017
Instrument17691
Transaction TypeTransfer
Record UpdatedJul 21, 2017
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$17,500.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

Tax Assessment & Valuation

Source: Durham County records · Assessment roll updated January 1, 2025 · Last verified October 2025

Property Jurisdictions

TypeName
StateNorth Carolina
CountyDurham County
Unified School DistrictDurham Public 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.

YearTax BillAssessed ValueAssessed Market Value
2025$643,841.00 (+31.65%)$85,087,079 (+79.19%) Land $20,874,088 Building $64,212,991$85,087,079 (+79.19%) Land $20,874,088 Building $64,212,991
2023$489,043.00 (-21.55%)$47,483,953 Land $2,549,075 Building $44,934,878$47,483,953 Land $2,549,075 Building $44,934,878
2022$623,382.00

Flood & Wildfire

5 Laboratory Dr is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Low risk).

Flood

Source: FEMA National Flood Hazard Layer · Durham County (37063C), updated June 21, 2026

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesLow
5th percentile of exposed land nationally · 3rd in North Carolina
Wildfire LikelihoodLow — less than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Laboratory Dr

Nearby Streets

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