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    5540 Centerview Dr Raleigh, NC 27606

    • Office buildings
    • 95,088 SF
    • 9.19 lot acres
    For Lease
    View listing
    $23 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US53-1689282
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Altera Corporation / Electronic Parts Supplier / Electronics
    • Mandolin HVAC and Construction LLC / Hvac Contractor / Air Conditioning Contractor
    • Woodard Corp / Gift Shop
    • Technical Training Inst / University / Book Store
    • Globalxperts Inc / Software Company

    Property Details for 5540 Centerview Dr

    Year built
    1986
    Lot size
    9.19 lot acres
    Property size
    95,088 SF
    Zone code
    OX-4
    Property type
    Office buildings
    APN
    0773.16-92-4812 0184039
    APU
    773169248120184039

    Description

    This exceptional Class A office building, located in convenient West Raleigh at 5540 Centerview Drive, offers a variety of move-in ready executive office suites for lease. The four-story building boasts a total of 95,088 square feet situated on a generous 9.19-acre lot in Wake County. Multiple suite sizes are available to accommodate various business needs, ranging from approximately 2,174 square feet to 6,978 square feet. Specifically, Suite 101 offers 4,968 square feet; Suite 217 provides 3,151 square feet; Suite 304 encompasses 2,174 square feet; Suite 317 features 2,290 square feet; and Suite 405 comprises 2,554 square feet. A larger space, Suite 415/421, totaling 6,978 square feet, is available December 1, 2024, and can be subdivided into two units of 3,321 and 3,556 square feet. The building is equipped with high-speed Level 3 fiber optics, ensuring seamless connectivity. Ample parking is provided at a ratio of 4.6 spaces per 1,000 square feet. This locally-owned property presents a fantastic opportunity for businesses seeking premium office space in a desirable West Raleigh location. All suites are move-in ready.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7323
    Latitude
    35.7631
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $156,593
    $6,016,750
    $8,349,600
    $14,366,350
    -
    $6,016,750
    $8,349,600
    $14,366,350

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      Updated Office Building in Raleigh

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      West Raleigh Executive Office Suites

      Class A Office Space, Multiple Suites Available
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    Raleigh, NC 27606
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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
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