Second-Floor Office Condo with
1100 LOGGER CT STE A102 Raleigh, NC 27609
1100 LOGGER CT STE A102, Raleigh, NC, 27609
Contact for pricing
For Sale
Contact for pricing
Second-floor office condo with private bath, two offices, and on-site parking along a high-traffic corridor.
Property Size900 SF
Price / SF$266.67
Days on Market55
Property Features for 1100 LOGGER CT STE A102
General Information
- Standard status
- Active
- Size
- 900 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agency
KW Commercial VG Realty
(919) 475-5769
Listed by
Vandan Gandhi · License #NC #247850
Source
Crexi
Added: May 28 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 6:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial VG Realty
Investment Insights
Based on property information with market context.
This second-floor office condo totals 900 SF and is laid out for professional use. The space includes a spacious reception or conference area, two large private offices, a kitchen, storage, and a private bathroom. Multiple windows throughout help support a bright interior environment, and the layout is suited to both client-facing work and day-to-day office operations.
Located along the high-traffic Falls of Neuse Road corridor, the property offers stoplight access for convenient entry and exit. It also provides quick connectivity to I-440 and I-540, supporting convenient commutes for employees and visitors. The surrounding area is characterized by major office tenants and retail centers, with an established, dense trade area nearby.
As an owner-user option or investment, this condo fits medical, legal, financial, or consulting users who need a dedicated office setting and on-site parking. The configuration supports a range of professional workflows, from meetings in the reception/conference area to separate work in the private offices, while the private bathroom and kitchen help accommodate daily operations.
Located along the high-traffic Falls of Neuse Road corridor, the property offers stoplight access for convenient entry and exit. It also provides quick connectivity to I-440 and I-540, supporting convenient commutes for employees and visitors. The surrounding area is characterized by major office tenants and retail centers, with an established, dense trade area nearby.
As an owner-user option or investment, this condo fits medical, legal, financial, or consulting users who need a dedicated office setting and on-site parking. The configuration supports a range of professional workflows, from meetings in the reception/conference area to separate work in the private offices, while the private bathroom and kitchen help accommodate daily operations.
Key Highlights
- 900 SF second‑floor office condo built in 1981
- Flexible interior layout with reception/conference area, two large private offices, kitchen, storage, and private bathroom
- Multiple windows for natural light throughout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.0k | $22.20 |
| − Vacancy | −$3.4k | −$3.73 |
| EGI | $16.6k | $18.47 |
| − OpEx | −$4.2k | −$4.62 |
| NOI | $12.5k | $13.85 |
900 SF · lease $22.20/SF/yr · vacancy 16.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$178.1K
$155.9K – $207.8K
NOI $12,468 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$247.3K
$216.4K – $288.6K
NOI $17,314 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
IDP Corporation
(Bike/Boat/Book/etc) Store
Michelle K. Collins, ...
Physician
Keshawn McCleod
Foster Care Service
NC Living Realty
Real Estate Agency
Kristen Tageson
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor office condo with private bath, two offices, and on-site parking along a high-traffic corridor.
Where is this office units located?
The property is located at 1100 LOGGER CT STE A102 Raleigh, NC.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 900 SF second‑floor office condo built in 1981; Flexible interior layout with reception/conference area, two large private offices, kitchen, storage, and private bathroom; Multiple windows for natural light throughout
