Single-Story Office
For Sale
$249,000
4428 Louisburg Road 105, Raleigh, NC 27616
Office layout includes private rooms, a reception area, kitchenette, pantry storage, and a dedicated restroom.
Property Size1,050 SF
Days on Market59
Property Features for 4428 Louisburg Road 105
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Office
Additional Details
HOA Fee
$127.40
Building Details
Building Size
1,050 SF
Year Built
1999
Listing Agency:
Satar Realty
Listed By:
Akbar Ostadi · License #211454
(919) 219-3558
Source:
Dustinbennett
Added: Sep 2
Changed: Oct 27
Last Checked: Oct 28 at 3:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Satar Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,050-square-foot office unit at 4428 Louisburg in Raleigh provides a practical single-story layout for professional use. The interior includes three offices, a reception area, shared common space, a compact kitchenette with pantry storage, and one bathroom. Built in 1999, the suite combines private work areas with functional support space in a contained office setting.
The property is positioned near Capital Blvd. in Raleigh, offering proximity to a major local roadway. Its existing room arrangement and on-site amenities provide a defined setup for an office occupant or owner-user.
The property is positioned near Capital Blvd. in Raleigh, offering proximity to a major local roadway. Its existing room arrangement and on-site amenities provide a defined setup for an office occupant or owner-user.
Key Highlights
- 1,050‑square‑foot office unit in Raleigh
- Three private offices with reception and common areas
- Kitchenette with pantry closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,118
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,360
$322.4K
Cap Rate 7%
$230,257
$230.3K
Cap Rate 9%
$179,089
$179.1K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$25.8K $24.60/SF
− Vacancy
−$4.3K −$4.13/SF
EGI
$21.5K $20.47/SF
− OpEx
−$5.4K −$5.12/SF
NOI
$16.1K $15.35/SF
Area
ZIP 27616
Vacancy
16.80%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,360
Cap Rate 7%
$230,257
Cap Rate 9%
$179,089
Alternative Uses
Best Use
Office B
$230.3K
$201.5K – $268.6K
NOI $16,118 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$299.8K
$262.3K – $349.8K
NOI $20,986 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
Explore this area
Business Placement
Demographics for 27616, NC
56,941
Population
24,282
Households
2.3
Avg Household Size
34
Median Age
43%
College-Educated
91%
High-School Grad
22.5 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,534
Median Household Income
$41,601
Median Earnings
$1,514
Median Rent
$314,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office layout includes private rooms, a reception area, kitchenette, pantry storage, and a dedicated restroom.
Where is this office unit located?
The property is located at 4428 Louisburg Road 105 Raleigh, NC.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,050‑square‑foot office unit in Raleigh; Three private offices with reception and common areas; Kitchenette with pantry closet
