Cumberland County
Building Summary

Data last updated on: 4/7/2026     Ownership current as of: 3/26/2026     Tax Year: 2026
REID 0437640058000

PIN # 0437-64-0058

Location Address Property Description
123 HAY ST KATHERINE WHEELER SUB LO:2 PL:0147-0114
   
Property Owner Owner's Mailing Address
FIRST-CITIZENS BANK & TRUST COMPANY
100 E TRYON RD
RALEIGH NC 27603
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Building Location Address
123 HAY ST
Card   of  1        Section   of  2
Building Details

Building Name
Primary Occupancy Type COMMERCIAL
Primary Occupancy RTC-RETAIL-STORE
Primary Class C-CONCRT/MASONRY-WLS
Primary Quality C
Year Built 1900
Effective Year 1985
Physical Depreciation (Rating) AVERAGE
Physical Depreciation (% Bad) 52.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 10669
Remodeled Year 2023
Total Stories 1

Section Details

Occupancy Type COMMERCIAL


Air Conditioning Y
2-FIX-BATHS 1
Class C-CONCRT/MASONRY-WLS
Interior Finish RTC-RETAIL-STORE-AVG
MZS-MEZZ-STORAGE 512
Occupancy RTC-RETAIL-STORE
Quality C
Sprinkler N
Exterior Walls 10-BRK-VEN/CON-BLOCK
Exterior Walls 18-UNFIN/PARTY-WALL
Exterior Walls 33-BLD-FRONT-AVERAGE
Depreciation 52%
Depreciation AVERAGE
Building Total & Improvement Details

Total Adjusted Replacement Cost New $797,319
Physical Depreciation (% Bad) AVERAGE 52.00
Depreciated Value $382,713
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $382,713
Market Area Factor 1.00
Building Value $382,713
Misc Improvements Value
Total Improvement Value $382,713

Assessed Land Value $248,331
   
Assessed Total Value $631,044


Addition Summary 
StoryTypeCodeArea
1.00 OPEN PORCH FIN OPF 480
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
6325 SIZE IMPERVIOUS ARE 2020 0
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)