CABARRUS COUNTY, NC 6/9/2026 1:39:56 AM
RSP INVESTMENTS LLC   Return/Appeal Notes:   Parcel: 5524 68 1089 0000
12440 GREY COMMERCIAL DR MIDLAND NC 28107 PLAT: 00024/00066
113467     ID NO: 01 032 0021.30 0000
COUNTY TAX (100), MIDLAND FIRE TAX (100)        CARD NO. 1 of 1  
Reval Year: 2024 Tax Year: 2026 LT 1 GREY COMMERCIAL PARK 0.8500 AC   SRC= Owner
Appraised by 24 on 12/10/2021 50009 HWY 24 / 27 TW-01 CI-00 FR-05 EX- AT- LAST ACTION 20240124
CONSTRUCTION DETAIL MARKET VALUE   DEPRECIATION CORRELATION OF VALUE
Foundation - 4
Spread Footing 8.00
Sub Floor System - 2
Slab on Grade-Residential/Commercial 8.00
Exterior Walls - 24
Modular Metal 20.00
Roofing Structure - 10
Steel Frame or Truss 18.00
Roofing Cover - 12
Metal 8.00
Interior Wall Construction - 1
Masonry or Minimum 5.00
Interior Floor Cover - 03
Concrete Finished 2.00
Heating Fuel - 01
None 0.00
Heating Type - 01
None 0.00
Air Conditioning Type - 01
None 0.00
Structural Frame - 06
Steel 15.00
Ceiling & Insulation - 11
No Ceiling - Roof and Wall Insulated 3.00
Average Rooms Per Floor - 8
Average Rooms Per Floor 0.00
Floor Number - 01
Floor 0.00
Half-Bathrooms
BAS - 0 FUS - 0 LL - 0 _
Plumbing Fixtures
8.00 5.000
Office
BAS - 0 FUS - 0 LL - 0 0
TOTAL POINT VALUE 92.000
BUILDING ADJUSTMENTS
Non-Std Wall Height 14 Non-Std Wall Height 1.0000
Quality 3 Average 1.0000
Shape/Design 1 MF1 0.9200
Size Size Size 1.1000
TOTAL ADJUSTMENT FACTOR 1.010
TOTAL QUALITY INDEX 93
USE MOD Eff. Area QUAL BASE RATE RCN EYB AYB
   Standard  0.44000
CREDENCE TO MARKET
48 06 9,200 93 60.45 556140 1995 1995 % GOOD 56.0
DEPR. BUILDING VALUE - CARD 311,440
TYPE: WAREHOUSE - STORAGE WAREHOUSE/INDUSTRIAL
STYLE: 1 - 1.0 Story
 

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DEPR. OB/XF VALUE - CARD 21,270
MARKET LAND VALUE - CARD 74,050
TOTAL MARKET VALUE - CARD 406,760
TOTAL APPRAISED VALUE - CARD 406,760
TOTAL APPRAISED VALUE - PARCEL 406,760
TOTAL PRESENT USE VALUE - PARCEL 0
TOTAL VALUE DEFERRED - PARCEL 0
TOTAL TAXABLE VALUE - PARCEL $ 406,760
PRIOR
BUILDING VALUE 279,500
OBXF VALUE 12,800
LAND VALUE 111,080
PRESENT USE VALUE 0
DEFERRED VALUE 0
TOTAL VALUE 403,380
PERMIT
CODE DATE NOTE NUMBER AMOUNT
ROUT: WTRSHD:
SALES DATA
OFF. RECORD DATE DEED TYPE Q/U V/I INDICATE SALES PRICE
BOOK PAGE MO YR
15677 0115 11 2021 GW Q I 440000
BUILDING AREA 9,000
NOTES
HATCH BAG PMT 15927 9/95 UPFIT
APPL'D 99,04,05,08 VALUES
SUBAREA
TYPE GS AREA % RPL CS
BAS 8,600 100 519870
FOF 400 150 36270
FIREPLACE 1 - None 0
SUBAREA TOTALS 9,000   556,140
CODE QUALITY DESCRIPTION COUNT LTH WTH UNITS UNIT PRICE ORIG % COND BLDG# SIZE FACT AYB EYB ANN DEP RATE OVR % COND OB/XF DEPR. VALUE
10 B PAVING CON   26 16 416 7.00 100 1 1.15 1995 1998 S5   50 1674
10 B PAVING CON   45 75 3,375 7.00 100 1 1.15 1995 1998 S5   50 13585
09 D PAVING ASP   0 0 3,945 2.65 100 1 1.15 1997 1998 S5   50 6011
TOTAL OB/XF VALUE 21,270
BUILDING DIMENSIONS BAS=W150S60E130N20E20N40Area:8600;FOF=E20N20W20S20Area:400;TotalArea:9000  
LAND INFORMATION
HIGHEST AND BEST USE USE CODE LOCAL ZONING FRON TAGE DEPTH DEPTH / SIZE LND MOD COND FACT OTHER ADJUSTMENTS AND NOTES
  RF   AC   LC  TO  OT 		ROAD
TYPE 		LAND UNIT PRICE TOTAL LAND UNITS UNT TYP TOTAL ADJST ADJUSTED UNIT PRICE LAND VALUE OVERRIDE VALUE LAND NOTES
INDUSTRIAL PARK 0640 GC 190 160 1.0000 0 1.0000
   .85 AC 		PW 2.00 37026.000 SF 1.000 2.00 74052 0  
TOTAL MARKET LAND DATA     74,050  
TOTAL PRESENT USE DATA