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Financial
Distress signals
Property profile

621 Hillsborough St Raleigh, NC 27603

OFF-MARKET
Lifestyle centers
281,750 SF Built 2021
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Property summary

AI-generated overview

Tower Two, a prestigious Class A commercial property in downtown Raleigh's vibrant submarket, offers 7,435 square feet of immediately available executive office space. Located at 621 Hillsborough St, zip code 27603, in Wake County, this 10-story building boasts a total of 281,750 square feet. Built in 2021, the building features a modern design with 14' 8" high ceilings, creating a spacious and impressive work environment. The property is a mixed-use development, encompassing retail and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service8.2
Watch Repair Shop7.8
Breakfast7.6

Location

621 Hillsborough St Raleigh, NC 27603
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
623 Hillsborough, Raleigh, NC 27603-1731 $206,000,000 Jan 2026 235,458 SF
316 Edenton, Raleigh, NC 27603-1761 $15,950,000 Mar 2025 31,137 SF
324 Harrington, Raleigh, NC 27603-2394 $372,000 May 2022 11,040 SF
3421 Olympia, Raleigh, NC 27603-3712 $3,150,000 Feb 2022 17,362 SF
326 Tryon, Raleigh, NC 27603-3530 $7,500,000 Dec 2021 30,535 SF
410 Boylan, Raleigh, NC 27603-1212 $4,000,000 Jun 2021 18,318 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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