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Commercial Office (General)Commercial
Last sold for $27,000,000 on Dec 31, 2018

8540 COLONNADE CENTER DR

RALEIGH, NC 27615
0
Baths
134,064 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
7.83 ac
Lot SizeThe size of the land the home sits on, from county records.
2000
Year BuiltThe year the home was originally built, according to county records.
5
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$27,000,000 · Dec 31, 2018

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$24,672,483 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$6,384,924
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$18,287,559
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$22,064,368
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$24,672,483

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.10
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
4
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Commercial Office (General)
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyWAKE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2018
Lot (acres)The size of the land the home sits on, from county records.7.83
ConstructionThe main material the home's frame and walls are built from.Steel Frame
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Elevator

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
West Millbrook Magnet Middle SchoolA-
Middle · Grades 6–8 · 1.1 mi
H
Sanderson High SchoolC+
High · Grades 9–12 · 2.5 mi
E
Pleasant Union Elementary SchoolA+
Elementary · Grades PK–5 · 3.9 mi

District: Wake County Public Schools

Neighborhood · ZIP 27615These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.72
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.41

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.45,426
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,345 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$107,636
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$135,562
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

8540 Colonnade Center Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the largest homes in North Raleigh
  • Among the largest lots in North Raleigh
  • Newer than 87% of homes in Raleigh 27615

How it measures up in Raleigh 27615

The dot is this home. The mark in the middle is the typical home in Raleigh 27615.

Living area134,064 ft²
SmallerTypical 2,172 ft²Bigger

Bigger than almost all homes nearby

Lot size7.83 ac
SmallerTypical 0.28 acBigger

Bigger than almost all homes nearby

Year built2000
OlderTypical 1986Newer

Newer than 87% of homes nearby

How 8540 Colonnade Center Dr ranks against every home in each area.
MeasureThis homeNorth RaleighRaleigh 27615Wake County
Living areabigger than134,064 ft²almost all homesalmost all homesalmost all homes
Lot sizebigger than7.83 acalmost all homesalmost all homesalmost all homes
Year builtnewer than200077% of homes87% of homes48% of homes

About 8540 Colonnade Center Dr

When did 8540 Colonnade Center Dr, Raleigh, NC last sell?

8540 Colonnade Center Dr, Raleigh, NC last sold on Dec 31, 2018 for $27,000,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 8540 Colonnade Center Dr, Raleigh, NC?

8540 Colonnade Center Dr, Raleigh, NC has 134,064 square feet of living space and a 7.83-acre lot.

When was 8540 Colonnade Center Dr, Raleigh, NC built?

8540 Colonnade Center Dr, Raleigh, NC was built in 2000, making it 26 years old. It is a conventional home. The building has 5 stories.

What schools serve 8540 Colonnade Center Dr, Raleigh, NC?

8540 Colonnade Center Dr, Raleigh, NC is assigned to West Millbrook Magnet Middle School (middle), rated A-; Sanderson High School (high), rated C+; Pleasant Union Elementary School (elementary), rated A+. All sit in Wake County Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 8540 Colonnade Center Dr, Raleigh, NC compare to other homes in Raleigh 27615?

Among the 15,150 homes in Raleigh 27615, it is bigger than almost all of them (134,064 ft² against a typical 2,172 ft²), its lot is bigger than almost all of them (7.83 ac against a typical 0.28 ac) and it is newer than 87% of them (2000 against a typical 1986). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

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More homes in Raleigh 27615

Assigned schools

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