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    723 Johnson St Raleigh, NC 27603

    Sponsored
    For Lease
    $19 SF/Yr ($9,940 /Mo)

    Prime Office Space Available Now

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,368 square foot executive office suite is located in a well-maintained Class B building at 723 W Johnson St, Raleigh, NC 27603. Situated in Wake County, this property offers a fantastic opportunity for businesses seeking a prestigious address in a thriving area. The building, constructed in 1956, boasts a total of 6,000 square feet, with multiple tenants currently occupying the remaining space. This particular suite is immediately available and presents a blank canvas for your business to flourish. The space is ideal for a variety of professional uses, offering ample room for individual offices, collaborative work areas, and reception space. The building's location provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. The address itself lends an air of established professionalism, enhancing your company's image and credibility. This is a rare opportunity to secure high-quality office space in a desirable Raleigh location. The suite's size is perfect for a growing business or a company seeking a more spacious and private work environment. Don't miss out on this chance to establish your business in a prime location. Contact us today to schedule a viewing.

    Property Features for 723 Johnson St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF
    Class
    B
    Total Rate
    9940

    Building Details

    Year Built
    1956

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,368 SF
    Rate per SF
    $19

    HighLights

    • 1,368 SF second‑floor office suite in a 6,000 SF Class B building at 723 W Johnson St, Raleigh, NC.
    • Abundant natural light, exposed brick, and hardwood floors.
    • Corner location at West Johnson St. and St. Mary's St. with high foot traffic.
    • Vibrant neighborhood with numerous local restaurants and shops.
    • Proximity to major developments, including a planned 20+ story mixed‑use building.
    • High vehicular traffic (8,400 VPD) on nearby St. Mary's Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Winnow Creative Marketing Agency Mathew O'connor Counselor Betsy Anderson Interiors Interior Designer FauxReal Flowers Flower Designer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Law Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6496823
    Latitude
    35.7872372

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space Available Now
    Where is this office property / space located?
    The property is located at 723 Johnson St Raleigh, NC.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 1,368 SF second-floor office suite in a 6,000 SF Class B building at 723 W Johnson St, Raleigh, NC.; Abundant natural light, exposed brick, and hardwood floors.; Corner location at West Johnson St. and St. Mary's St. with high foot traffic.
    Request Owner's contact information
    723 Johnson St Raleigh, NC 27603
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    Raleigh, NC 27603
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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
    723 Johnson St Raleigh, NC 27603
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