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    3701-3715 Neil St Raleigh, NC 27607

    For Sale
    Contact for pricing

    Historic brick warehouse near I-440, walkable amenities, and universities.

    Property size:
    54,250 SF

    Property Features for 3701-3715 Neil St

    General Information

    Size
    54,250 SF

    Source: John Hibbits Agent John Hibbits

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Brick Warehouse Near I-440

    This historic brick warehouse, dating from the 1920s, is located inside the Beltline, off Hillsborough Street. Situated less than a mile from I-440, the property offers convenient access and walkable amenities. It is also within walking distance of both NC State University and Meredith College. The property is zoned industrial, permitting many uses. It features one drive-in door and one dock door. There are six restaurants within one block and seven bus line stops in less than 0.5 miles. The parking ratio is 1.43 spaces per 1,000 square feet. The property is 0.6 miles to I-440.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    BIG TONYS MOVING SERVICES

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6868502
    Latitude
    35.7929625

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    FAQs

    What type of property is this?
    Warehouse - Historic brick warehouse near I-440, walkable amenities, and universities.
    Where is this warehouse located?
    The property is located at 3701-3715 Neil St Raleigh, NC.
    What is the asking price?
    The asking price for this property is $10.
    What are key features of this property?
    This property features: - Prime location inside the Beltline, off Hillsborough Street, with walkable amenities and close proximity to NC State University and Meredith College.; - Zoned industrial, permitting a wide range of uses.; - Convenient access to transportation: .6 miles to I-440 and 7 bus line stops within .5 miles.
    (919) 606-0989
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    3701-3715 Neil St Raleigh, NC 27607
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    Realmo Value Estimation

    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.

    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.

    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
    3701-3715 Neil St Raleigh, NC 27607
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