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    2805 Spring Forest Rd Raleigh, NC 27616

    Sponsored
    For Sale
    $836,000

    2,986 SF Medical Office, Owner-User Opportunity

    Property size:
    2,986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,986 square foot medical office condominium, located at 2805 Spring Forest Road in Raleigh, North Carolina, presents a unique owner-user opportunity. Situated on the first floor, this Class B property boasts ample natural light thanks to its excellent glass line. The property consists of two units, 101 and 103, and is identified by APN numbers 0282125 and 0282124. Currently vacant, the space will be delivered unoccupied upon closing, making it ideal for a business seeking immediate occupancy. This is a direct ownership opportunity, not a lease or income-producing investment. The asking price for this prime Wake County location, zip code 27616, is $836,000. This presents a compelling chance to acquire a well-located, move-in ready medical office space in a thriving Raleigh neighborhood. The property's convenient location and attractive features make it an excellent choice for a variety of medical practices. Serious inquiries are encouraged.

    Property Features for 2805 Spring Forest Rd

    General Information

    Property type
    Medical offices
    Square Feet
    2,986 SF
    Class
    B

    HighLights

    • 2,986 SF office condo (Units 101 & 103) at 2805 Spring Forest Rd, Raleigh.
    • First‑floor space with excellent window line.
    • Vacant at closing; owner‑user opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    American Insurance Mart, ... Insurance Agency Pinnacle Marketing Inc Electronic Parts Supplier

    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
    -78.593066027981
    Latitude
    35.857419714647

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    FAQs

    What type of property is this?
    Medical office - 2,986 SF Medical Office, Owner-User Opportunity
    Where is this medical office located?
    The property is located at 2805 Spring Forest Rd Raleigh, NC.
    What is the asking price?
    The asking price for this property is $836,000.
    What are key features of this property?
    This property features: 2,986 SF office condo (Units 101 & 103) at 2805 Spring Forest Rd, Raleigh.; First-floor space with excellent window line.; Vacant at closing; owner-user opportunity.
    Request Owner's contact information
    2805 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
    2805 Spring Forest Rd Raleigh, NC 27616
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