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    8300 Health Park Raleigh, NC 27615

    • Medical offices
    • 191,612 SF
    • 16.21 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Jun 24, 2022
    $35,000,000
    Location Intelligence
    Property ID
    US53-1179899
    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

    • Hyperbarics Carolina MD / Hyperbaric Medicine Physician
    • American Institute of Healthcare & Fitness (AIHF) / Medical Center
    • Raleigh Institute for General and Aesthetic Dentistry / Dental Clinic
    • Essential Hair Care & Wigs / Wig Shop / Hair Salon
    • Upton Gerald W DDS / Dentist

    Property Details for 8300 Health Park

    Year built
    2005
    Lot size
    16.21 lot acres
    Property size
    191,612 SF
    Zone code
    OX-3
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    1708.17-11-0136 0063572
    APU
    1708171101360063572

    Description

    This Class A, four-story office building, totaling 185,000 square feet, is located at 8300 Health Park, Raleigh, NC 27615, at the intersection of Health Park and Forum Rd. Built in 2005 and extensively renovated in 2023, the property sits on 16.29 acres and offers a variety of suite sizes, ranging from a minimum of 1,057 square feet to a maximum contiguous space of 18,505 square feet. Currently, 47,721 square feet is vacant. The building features three elevators and ample parking, with a ratio exceeding four spaces per 1,000 square feet. Seven second-generation medical spaces are available, previously occupied by labs, dental, orthopedic, and internal medicine practices, as well as shell space. Building amenities include an on-site café, walking trail, outdoor spaces, and a fitness facility. This North Raleigh location provides easy access to major transportation routes and is part of a thriving medical community. The property is ideal for medical practices seeking efficient, move-in ready spaces, offering a significant cost advantage compared to new construction. Multiple tenancy options are available.

    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
    -78.6591
    Latitude
    35.8959
    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
    $336,764
    $3,667,346
    $27,228,466
    $30,895,812
    -
    $3,667,346
    $27,228,466
    $30,895,812

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    Raleigh, NC 27615
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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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