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    2900 Spring Forest Rd Raleigh, NC 27616

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    For Lease
    Contact for pricing

    Multi-tenant retail building with spaces suitable for retail or office.

    Property size:
    23,736 SF
    Lot size:
    23,736 SF

    Property Features for 2900 Spring Forest Rd

    General Information

    Size
    23,736 SF

    Building Details

    Year built
    1997

    Source: Cole Pennell Agent Cole Pennell

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

    Overview

    Retail/Office Space For Lease

    Suite 103, encompassing 1,200 square feet, is available for lease, with availability starting December 31, 2025. This space is suitable for retail, service, or office purposes. The current buildout includes 6 offices and a restroom. The property is a multi-tenant retail building situated at the intersection of Spring Forest Road and Hargrove Road in North Raleigh, offering convenient access and good visibility. The site provides ample parking and is surrounded by established neighborhoods and businesses. The property's total size is 23,736 square feet. TICAM is $5.24 per RSF.
    Insight Report Location Intelligence

    Current Use by Public Records

    Terrance Palmer - The Razor ... Barber Shop David's Hair Design Hair Salon Stromboli's Express Pizza Restaurant Healthy Spring Forest Health Food Restaurant Barbelt Warriors Academy ... Karate School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5911443
    Latitude
    35.8549587

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    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail building with spaces suitable for retail or office.
    Where is this retail space located?
    The property is located at 2900 Spring Forest Rd Raleigh, NC.
    What are key features of this property?
    This property features: - Convenient location at the intersection of Spring Forest Road and Hargrove Road in North Raleigh.; - Suitable for retail, service, or office use.; - Ample parking available.
    (704) 975-0164
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    2900 Spring Forest Rd Raleigh, NC 27616
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    Raleigh, NC 27616
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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
    2900 Spring Forest Rd Raleigh, NC 27616
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