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    3216 Spottswood St Raleigh, NC 27615

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    For Lease
    $10 SF/Yr

    14,600 SF warehouse space available for sublease.

    Property size:
    51,304 SF
    Lot size:
    51,304 SF

    Property Features for 3216 Spottswood St

    General Information

    Size
    51,304 SF

    Building Details

    Year built
    1994

    Source: Ryan Lawler Agent Ryan Lawler

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

    Overview

    Warehouse Space in Lincoln Park

    Available for sublease is 14,600 square feet of warehouse space located in Lincoln Park North Business Center. The space is equipped with two 12' x 14' drive-in doors and one 8' x 10' dock high door. The suite features an approximate clear height of 25', making it suitable for various industrial or distribution purposes. The property includes two restrooms. The lease term ends on 12/31/2028, with a lease rate of $10.35 per square foot per year and TICAM estimated at $2.89 per square foot per year. Situated at 3216 Spottswood Street, within Lincoln Park North Business Center, the location is just off Gresham Lake Road in North Raleigh. This location provides excellent accessibility to both I-540 and US-1, facilitating connectivity throughout the Triangle region.
    Insight Report Location Intelligence

    Current Use by Public Records

    Servpro Home Builder Integrity Auto Care ... Auto Repair Shop The Hybrid Geek Car Repair And Maintenance Service Torque Automotive Auto Repair Shop SERVPRO of North Raleigh ... Carpet Cleaning Service

    Suggested Use

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

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

    Similar Places Nearby

    Express Food Group, STORAGEMAX, Crabtree Family Moving & Storage, Extra Space Storage

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5797681
    Latitude
    35.8886426

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    FAQs

    What type of property is this?
    Warehouse - 14,600 SF warehouse space available for sublease.
    Where is this warehouse located?
    The property is located at 3216 Spottswood St Raleigh, NC.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - 14,600 SF of warehouse space available for sublease.; - Excellent accessibility to I-540 and US-1.; - Approximately 25' clear height.
    (949) 291-3896
    Request Owner's contact information
    3216 Spottswood St Raleigh, NC 27615
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    Raleigh, NC 27615
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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
    3216 Spottswood St Raleigh, NC 27615
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