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    3305 Sungate Blvd Raleigh, NC 27610

    For Lease
    $25 SF/Yr

    Single-story medical office building steps from WakeMed Raleigh.

    Property size:
    14,016 SF
    Lot size:
    14,016 SF

    Property Features for 3305 Sungate Blvd

    General Information

    Size
    14,016 SF

    Building Details

    Year built
    2006

    Source: Jake Plotkin Agent Jake Plotkin

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

    Overview

    Medical Office Near WakeMed Raleigh

    This single-story, Class B medical office building is located near WakeMed Raleigh. Constructed in 2006, the property is situated on 1.84 acres and offers a campus setting. The building has a total area of 14,016 square feet and is zoned O&I-1, which allows for medical use. There are over 70 parking spaces available. The location provides exposure from New Bern Avenue and Sunnybrook Drive, with access to I-440.
    Insight Report Location Intelligence

    Current Use by Public Records

    US Veterans Affairs ... Medical Clinic Raleigh VA Clinic Medical Clinic Raleigh I Veterans Affairs Department Howard Kathleen R Physician Assistant Richman Allison MD Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5825481
    Latitude
    35.7769614

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    FAQs

    What type of property is this?
    Medical office - Single-story medical office building steps from WakeMed Raleigh.
    Where is this medical office located?
    The property is located at 3305 Sungate Blvd Raleigh, NC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Steps from WakeMed Raleigh; - Excellent surface parking with 70+ spaces; - Zoned O&I-1 (medical zoning)
    (919) 616-0066
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    3305 Sungate Blvd Raleigh, NC 27610
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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
    3305 Sungate Blvd Raleigh, NC 27610
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