Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    142 Paraclete Drive unit 201 Raeford, NC 28376

    View on Map
    New
    For Lease
    $11,367 /Mo

    COMMERCIAL - Raeford, NC

    Type:Office
    Property size:
    19,200 SF
    Added:
    Apr 1, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for 142 Paraclete Drive unit 201

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    494660201300
    Size
    19,200 SF

    Taxes and HOA fees

    TaxDescription
    #1 PARACLETE REAL EST 3-56/2 2ND FLOOR IS SHELL JAN. 2021 FINISH HALLWAY ON 2ND FLOOR FOR 2022.

    Utilities

    Water source
    Public

    Building Details

    Year built
    2013
    Building materials
    Asphalt, Glass, Concrete

    We can help!

    Listing Contact
    COMMERCIAL LEASING

    Listing agent COMMERCIAL LEASING License #.

    Listing office GRANT-MURRAY PROPERTY MANAGEMENT 150 N MCPHERSON CHURCH ROAD SUITE 1, FAYETTEVILLE, NC

    Listing date Apr 1, 2026

    MLS# 759978

    Copyright © 2026 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Building

    The Sky Center is a 19,200 square foot Class A office building located on Highway 401 near Raeford, North Carolina. This three-story brick building has space available for lease on the second floor. The space is currently in shell condition. The landlord is offering a $40.00 per square foot tenant improvement allowance to qualified tenants. The building includes modern amenities such as a digital directory and a water feature in the first-floor lobby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Jason Lowe Physician James Patrick James Physician Edwin Carraway Newman ... Physician JENNIFER KATE STODDARD Physician Tracey Laureles Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raeford
    County
    Hoke
    State
    North Carolina
    Longitude
    -79.1082311
    Latitude
    35.0323971

    Nearby Similar for Lease

    • Contact for pricing

      Charming Commercial Property in Raeford

      Commercial property with character, potential for office or retail space.
      3174 Lindsay Road, Raeford, NC 28376
      View Details
    • Contact for pricing

      Raeford Medical Office Space

      6,500 SF medical office space available for lease.
      142 Paraclete Drive, Raeford, NC 28376
      View Details
    • $20/mo

      Retail Space in Raeford, NC

      Retail space available for lease in Raeford, North Carolina.
      8132 Fayetteville Road, Raeford, NC 28376
      View Details
    • Contact for pricing

      Retail Development Pre-Leasing Opportunity

      Planned retail development with high visibility, available for pre-leasing.
      3698 Johnson Mill Road, Raeford, NC 28376
      View Details
    • Contact for pricing

      Retail Space in Planned Center

      Pre-leasing opportunity in a planned retail development in Raeford.
      3698 Johnson Mill Road unit: Single Unit, Raeford, NC 28376
      View Details
    • Contact for pricing

      Retail Space in Raeford, NC

      Prime retail space available in a high-traffic location.
      117 Great Lane, Raeford, NC 28376
      View Details
    • Contact for pricing

      Retail Space in Raeford, NC

      Retail leasing opportunity in a high-traffic Raeford location.
      117 Great Lane, Raeford, NC 28376
      View Details
    • Contact for pricing

      Retail Space in Raeford, NC

      1,300 SF end unit in Bedford Commons.
      129 Great Lane, Raeford, NC 28376
      View Details
    • $18/mo

      Raeford Retail/Office Space Available

      High-visibility retail/office space in Raeford, near Ft. Bragg.
      220 Gridley Lane, Raeford, NC 28376
      View Details
    • Contact for pricing

      Retail Space in Raeford, NC

      Retail space available in a strip mall between Fayetteville and Raeford.
      8100 Fayetteville Rd, Raeford, NC 28376
      View Details
    • Contact for pricing

      New Retail/Office Spaces Available

      Under construction retail/office spaces with high visibility and ample parking.
      1230 Fayetteville Rd, Raeford, NC 28376
      View Details

    FAQs

    What type of property is this?
    Office building - Class A office space available for lease in Raeford, NC.
    Where is this office building located?
    The property is located at 142 Paraclete Drive unit 201 Raeford, NC.
    What is the lease rate?
    The lease rate is $11,367 /Mo.
    What are key features of this property?
    This property features: Class A office building on HWY 401 near Raeford, NC.; Tenant improvement allowance of $40.00 per SF.; **Second floor available for lease in shell condition.**
    (910) 868-2020
    We can help!
    Listing Contact
    COMMERCIAL LEASING
    Real Estate License ID: .
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!