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    10 W Franklin St Raleigh, NC 27604

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    For Lease
    Contact for pricing

    Urban retail space in a high-profile downtown mixed-use project.

    Property size:
    27,000 SF
    Lot size:
    1.48 Acres

    Property Features for 10 W Franklin St

    General Information

    Size
    27,000 SF
    Lot size
    1.48 Acres

    Source: CBRE | Raleigh Agent Charlie Coyne

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

    Overview

    Downtown Raleigh Mixed-Use Retail Space

    This retail space is part of an urban mixed-use project located in Downtown Raleigh, adjacent to William Peace University. The project features high-profile street retail space, a hotel, and community space in a downtown setting. It connects Glenwood South’s dining and entertainment district with the Mordecai and Oakwood neighborhoods. Privately owned surface and deck parking exclusively serves the project. The property offers a total size of 27000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Miles Apartment Rental Agency Painting Miles Painting Studio

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6401778
    Latitude
    35.7894488

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    FAQs

    What type of property is this?
    Retail space - Urban retail space in a high-profile downtown mixed-use project.
    Where is this retail space located?
    The property is located at 10 W Franklin St Raleigh, NC.
    What are key features of this property?
    This property features: - High-profile street retail space, hotel, and community space in a downtown setting.; - Urban mixed-use project in Downtown Raleigh.; - Privately owned surface and deck parking exclusively serving the project.
    (919) 831-8200
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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
    10 W Franklin St Raleigh, NC 27604
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