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    107 Fayetteville St Raleigh, NC 27601

    Sponsored
    For Lease
    $28 SF/Yr

    Prime location, flexible suites, modern amenities

    Lot size:
    13,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building at 107 Fayetteville Street, Suite 500, offers a unique blend of industrial-modern design and prime downtown Raleigh location. The 13,125 square foot building, constructed in 1974 and extensively renovated in 2015, features five stories and boasts 11-foot ceilings, creating a spacious and collaborative atmosphere. Suites are available in sizes ranging from a minimum of 2,500 square feet up to a maximum contiguous space of 10,000 square feet, making it ideal for businesses of various sizes. The building's multiple tenancy structure provides flexibility for diverse needs, accommodating startups, established firms, and creative ventures. The property benefits from a secure elevator system with keycard access, ensuring safety and convenience. Parking is readily available in nearby parking decks and on the street. This exceptional location places tenants within walking distance of numerous restaurants, shops, the courthouse, and the YMCA, offering unparalleled access to downtown Raleigh's vibrant amenities. The building is zoned DX-5-UG. This is a rare opportunity to secure a highly desirable office space in the heart of downtown Raleigh.

    Property Features for 107 Fayetteville St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,125 SF
    Class
    A
    Total Rate
    30975

    Building Details

    Year Built/Renovated
    1974/2015
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Size
    10,000 SF
    Rate per SF
    $28

    HighLights

    • 13,125 SF Class A office building in Downtown Raleigh, offering flexible suites from 2,500 SF to a maximum contiguous 10,000 SF.
    • Multiple tenancy options available in a 5‑story building with 11‑foot ceilings, built in 1974 and renovated in 2015.
    • Prime Downtown Raleigh location, walking distance to dining, shopping, courthouse, and YMCA.
    • Features include secure elevator access and ample nearby parking in decks and on the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carson Anderson - Engel ... Real Estate Agent Halftax Consultant TBP Homes of Raleigh Contractor Capital Square Funding ... Association Or Organization Real Estate Online Investment Service

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Law Firm 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
    -78.638832
    Latitude
    35.7792875

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    FAQs

    What type of property is this?
    Office space - Prime location, flexible suites, modern amenities
    Where is this office space located?
    The property is located at 107 Fayetteville St Raleigh, NC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 13,125 SF Class A office building in Downtown Raleigh, offering flexible suites from 2,500 SF to a maximum contiguous 10,000 SF.; Multiple tenancy options available in a 5-story building with 11-foot ceilings, built in 1974 and renovated in 2015.; Prime Downtown Raleigh location, walking distance to dining, shopping, courthouse, and YMCA.
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    Raleigh, NC 27601
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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
    107 Fayetteville St Raleigh, NC 27601
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