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Property profile & analytics

3720 Benson Dr Raleigh, NC 27609-7321

  • Office buildings
  • 1,008 SF
OFF-MARKET
Value Estimations
$240,000
Show details
Cap Rate Potential
6.2%
Office buildings
Location Intelligence
Property ID
US53-0911278
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ameriprise Financial / Financial Planner
  • Phil Nation - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
  • G Thomas Horner - Ameriprise Financial Services, Inc. / Financial Planner

Property Details for 3720 Benson Dr

Year built
1985
Construction
BRICK
Property size
1,008 SF
Zone code
OX-3
Property type
Office buildings
APN
1715.06-38-1729 0139663
APU
1715063817290139663

Description

This exceptional two-story, 4,088 square foot office condominium in Raleigh's Midtown is offered at $1,222,312 ($299/SF). The property, situated at 3720 Benson Dr, is a free-standing building with classic architecture, part of the well-maintained Williamsburg Commons development. The building's exterior dimensions measure 56' x 36.5', with approximately 2,044 square feet per floor. It's comprised of four deeded, separate condominiums, each approximately 1,008 square feet, offering flexibility for single occupancy or division among multiple tenants. Each quadrant features its own HVAC system (gas heat) and meter, a restroom, galley break counter, storage closet, and maintenance closet. Water is metered for the entire building. Interior finishes include crown molding and chair molding. Recent updates include a new roof and gutters. The property benefits from a tremendous location in a professional development and can easily function as a single building, by floor, or as four individual condominiums. This presents a unique opportunity for investors or businesses seeking a versatile and well-maintained office space in a prime Raleigh location. The building is a Class B property, constructed in 1985.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $240,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $250,000
    6.5%
    $230,000
    7%
    $215,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $186,000
    Market price range: $128k - $230k
    AI Estimate
    $201,000
    Market price range: $128k - $257k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.6193
Latitude
35.8338
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,505
$0.00
$138,096
$138,096
-
$0.00
$138,096
$138,096
More about this property
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