Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Dealership Space on Capital Boulevard Title is generated by Realmo AI

    3333 Capital Boulevard, Raleigh, NC 27604

    View on Map
    Claim this Listing
    For Lease
    $9,375/Mo $25 SF/Yr (calc)

    COMMERCIAL - Raleigh, NC

    Type:Retail
    Property size:
    4,346 SF
    Lot size:
    1.95 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    71
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 3333 Capital Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Size
    4,346 SF
    Lot size
    1.95 Acres

    Taxes and HOA fees

    Tax Description
    BRANNON LD

    Building Details

    Year built
    1964

    We can help!

    Listing Contact
    Jose Cruz Labrada

    Listing agent Jose Cruz Labrada License #312455

    Listing office Century 21 Triangle Group 1111 Haynes Street, #109, Raleigh, NC

    Listing date Mar 6, 2026

    MLS# 10151036

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

    HighLights

    • High‑visibility location on Capital Blvd.
    • +\/-4,346 square feet of dealership space suitable for automotive sales.
    • Strong daily traffic counts.
    • Convenient access to major highways I‑440 and I‑540.
    • Located in a well‑established retail and automotive corridor.
    • Strategic location to benefit from strong consumer traffic and regional accessibility.

    Overview

    Located along Capital Blvd in Raleigh, NC, this dealership space offers +/-4,346 square feet in a heavily traveled commercial corridor. The property benefits from excellent visibility, strong daily traffic counts, and convenient access to major highways including I-440 and I-540. Situated on a 1.95-acre lot, the space is well suited for automotive sales, specialty vehicle dealers, or automotive-related businesses seeking a highly visible location. Capital Blvd is known for its concentration of auto dealerships, service centers, retail users, and national brands, making it a strategic location for businesses looking to benefit from strong consumer traffic and regional accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triangle Imports Car Dealership Triangle European Auto Repair Shop Triangle Imports Service ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Enterprise Rent-A-Car — 2911 Capital Blvd, Raleigh, NC 27604
    • Dollar Car Rental — 2919 Capital Blvd, Raleigh, NC 27604, United States
    • U-Box at U-Haul — 3001 Capital Blvd, Raleigh, NC 27604
    • Propane Refill at U-Haul — 3001 Capital Blvd, Raleigh, NC 27604
    • Trailer Rental at U-Haul — 3001 Capital Blvd, Raleigh, NC 27604

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.587381
    Latitude
    35.826404

    Nearby Similar for Lease

    • $800/Mo
      133 SF

      Renovated Office Condo in Raleigh

      Centrally located, renovated office condo near North Hills Shopping Center.
      180 Mine Lake Court, Raleigh, NC 27615
      View Details
    • $3,283/Mo
      2,000 SF

      Professional Office Space For Lease

      Office space available for lease in a professional location.
      132 Wind Chime Court, Raleigh, NC 27615
      View Details
    • $16 SF/Yr
      11,200 SF

      Raleigh Industrial/Warehouse Space Available

      Move-in ready industrial/warehouse space in a well-located Raleigh corridor.
      4550 Preslyn Drive, Raleigh, NC 27616
      View Details
    • $10,000/Mo
      1,833 SF

      Raleigh Commercial Flex Space Available

      Commercial flex space with offices, mezzanine, and bay door.
      5621 Departure Drive, Raleigh, NC 27616
      View Details
    • $1,500/Mo
      7,194 SF

      Raleigh Retail/Office Space Available

      Second floor retail/office space in desirable Raleigh location.
      6014 Duraleigh Road, Raleigh, NC 27612
      View Details
    • $1,300/Mo
      600 SF

      North Raleigh Office Space Available

      600 SF office space for lease in North Raleigh.
      5640 Six Forks Road, Raleigh, NC 27609
      View Details
    • $129-$5,404/Mo
      11-1,292 SF

      NC, Raleigh - Fayetteville St

      414 Fayetteville St, Raleigh, NC 27601
      View Details
    • $129-$6,916/Mo
      11-1,292 SF

      NC, Raleigh - Benson Dr

      3301 Benson Dr, Unit 1ST, Raleigh, NC 27609
      View Details
    • $129-$8,589/Mo
      11-1,292 SF

      North Hills Tower II

      4242 Six Forks Rd, Unit 1550, Raleigh, NC 27609
      View Details
    • $129-$4,395/Mo
      11-1,292 SF

      NC, Raleigh - Pleasant Valley Rd

      4112 Pleasant Valley Rd, Raleigh, NC 27612
      View Details
    • $129-$6,113/Mo
      11-1,292 SF

      Raleigh City Plaza

      421 Fayetteville St, Unit 1100, Raleigh, NC 27601
      View Details
    • $129-$10,426/Mo
      11-1,292 SF

      Spaces The Dillon

      223 West St, Unit 900, Raleigh, NC 27603
      View Details

    FAQs

    What type of property is this?
    Automotive property - Dealership space for lease in high-traffic Raleigh corridor.
    Where is this automotive property located?
    The property is located at 3333 Capital Boulevard Raleigh, NC.
    What is the lease rate?
    The lease rate is $9,375 /Mo.
    What are key features of this property?
    This property features: High‑visibility location on Capital Blvd.; +\/-4,346 square feet of dealership space suitable for automotive sales.; Strong daily traffic counts.
    (984) 239-8452
    We can help!
    Listing Contact
    Jose Cruz Labrada
    Real Estate License ID: 312455
    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

    Thank You for Inquiry
    3333 Capital Boulevard, Raleigh, NC 27604
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!