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    2902 Forestville Rd Raleigh, NC 27616

    Sponsored
    For Lease
    Contact for pricing

    Raleigh Office & Retail Space Available

    Lot size:
    8,968 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Forestville Crossing, located at 2902 Forestville Rd and 8410-8470 Louisburg Rd, Raleigh, NC 27616, offers exceptional leasing opportunities in a vibrant shopping center anchored by Lowes Foods. This property boasts a total of 8,968 square feet, with a flexible layout accommodating various business needs. Currently, there are two available spaces: one measuring 3,646 square feet and another significantly larger at 5,322 square feet, representing the entire vacant space. The minimum divisible space is 2,661 square feet, while the maximum contiguous space available is 5,322 square feet. The property is classified as Retail, Office, and Restaurant space, with a current subtype focus on Executive Office, Retail, and Medical uses. Multiple tenancies are supported. Ample parking is provided with 817 spaces available for tenants and customers. This prime location presents an excellent chance for businesses seeking high visibility and convenient access within a thriving retail environment. The property's versatile design and substantial square footage make it ideal for a range of businesses, from executive offices to retail establishments and medical practices. Contact us today to learn more about these exceptional leasing opportunities.

    Property Features for 2902 Forestville Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,968 SF

    Unit(s) available at that property

    Space
    Suite 400
    Size
    5,322 SF
    Space
    Suite 210
    Size
    3,646 SF
    Space
    Suite 1700 (Outparcel)
    Size
    1 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor LibertyX Bitcoin ATM Atm CDReload - Online Bitcoin ... Crypto Atm CVS Pharmacy Pharmacy Apryl J. Klingensmith, ... Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.5116965
    Latitude
    35.8939092

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    FAQs

    What type of property is this?
    Restaurant - Raleigh Office & Retail Space Available
    Where is this restaurant located?
    The property is located at 2902 Forestville Rd Raleigh, NC.
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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
    2902 Forestville Rd Raleigh, NC 27616
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