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    2301 Rexwoods Dr Raleigh, NC 27607

    For Lease
    $34 SF/Yr

    West Raleigh medical office suites available.

    Lot size:
    42,489 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story, Class B medical office building, Rexwoods III, offers 42,489 square feet of space in the desirable West Raleigh submarket, specifically the Blue Ridge cluster. Located at 2301 Rexwoods Dr, Raleigh, NC 27607, this multi-tenant property boasts a prime location in Wake County. Built in 1990, the building is currently configured for multiple tenants, with a total of 42,489 square feet. A significant opportunity exists with 2,631 square feet of immediately available space, representing a minimum divisible unit size. This makes it ideal for a variety of medical practices seeking expansion or a new location. The building's convenient location within the West Raleigh area provides easy access to major transportation routes and a thriving patient base. The property's single building structure simplifies management and offers a cohesive environment for medical professionals. Interested parties should note the minimum leasable space is 2,631 square feet. This presents a unique chance to secure space in a well-established medical office building in a highly sought-after location. The property's features and location make it an attractive option for medical practices of all sizes.

    Property Features for 2301 Rexwoods Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,489 SF
    Class
    B
    Total Rate
    120385.5

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,761 SF
    Rate per SF
    $34
    Space
    Suite 108
    Size
    2,631 SF
    Rate per SF
    $34

    HighLights

    • 42,489‑square‑foot building on two stories
    • 22,244‑square‑foot floor plates
    • 4:1,000 parking ratio
    • 2017 building modernization
    • Walkable amenities
    Property Profile Location Intelligence

    Current Use by Public Records

    Wake Pediatric GI ... Gastroenterologist Maxlyn L Ellison Psychiatrist Lane Lane Obstetrician-Gynecologist Dr. Lisa Tolnitch Surgeon HIPP Design + Consulting Engineering Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -78.7031095
    Latitude
    35.8139459

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    FAQs

    What type of property is this?
    Medical office - West Raleigh medical office suites available.
    Where is this medical office located?
    The property is located at 2301 Rexwoods Dr Raleigh, NC.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: 42,489-square-foot building on two stories; 22,244-square-foot floor plates; 4:1,000 parking ratio
    Request Owner's contact information
    2301 Rexwoods Dr Raleigh, NC 27607
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    Raleigh, NC 27607
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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
    2301 Rexwoods Dr Raleigh, NC 27607
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