4901 Glenwood Ave Raleigh, NC 27612
- Office buildings
- 43,800 SF
- 3.03 lot acres
Current Use by Public Records
- MakoRx / Health Insurance Agency
- SouthState Bank / Bank
- Health Benefits Plan-Teachers / State Government Office
- John Van Campen | SouthState Mortgage / Mortgage Lender
Property Details for 4901 Glenwood Ave
- Year built
- 1972
- Construction
- METAL FRAME
- Lot size
- 3.03 lot acres
- Property size
- 43,800 SF
- Zone code
- OX-7
- Property type
- Office buildings
- APN
- 0796.18-32-5171 0082207
- APU
- 796183251710082207
Description
This exceptional Raleigh office property at 4901 Glenwood Avenue offers a prime location in Wake County, NC, with easy access to major thoroughfares. The building comprises 39,901 square feet across three stories, providing a total of 139 parking spaces (a generous 3.85 spaces per 1,000 square feet). Currently, there is 6,313 square feet of vacant space available, divisible into units ranging from a minimum of 1,939 square feet to a maximum contiguous space of 4,374 square feet. The building is classified as both Executive and Creative Office space, catering to a variety of business needs. Multiple tenancy options are available, making it suitable for both large and small businesses. The building features convenient elevators for easy access to all three floors. The property's address is 4901 Glenwood Ave, Raleigh, NC 27612. This location offers a blend of professional ambiance and convenient access, making it an ideal choice for businesses seeking a thriving and well-connected environment. The building's modern design and ample parking ensure a comfortable and productive workspace for employees and clients alike. Inquire today to learn more about leasing opportunities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,620,000
- 6.5%
- $7,520,000
- 7%
- $7,950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,825,000
- Geo Method
- $8,530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,835,000
- Retail
- $6,390,000
- Mixed-Use
- $8,485,000
- Hospitality
- $7,695,000
- Educational
- $7,760,000
- Residential Income
- $8,145,000
- Energy
- $8,465,000
- Income-Based Land
- $6,370,000
- Food Service
- $7,060,000
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6843
- Latitude
- 35.8436
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
