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Financial
Distress signals
Property profile

2300 Rexwoods Dr Raleigh, NC 27607

OFF-MARKET
Office buildings
Property ID
US53-1956588
60,560 SF 4.29 ac lot Built 1997
Last sale Apr 2024 · $9,770,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A multi-tenant medical office building totaling 61,060 square feet across three floors, with each floorplate measuring approximately 20,353 square feet. The property was modernized in 2020 and is situated across the street from UNC Rex Hospital. It is located within the Blue Ridge Corridor and provides walkable access to dining and retail at Lake Boone Shopping Center and Marketplace at Lake Boone. The building is positioned between I-40 and I-440, supporting convenient access to Downtown Raleigh, Cary, and RTP, with proximity to PNC Arena and Carter Finley Stadium.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$128k
Tax billed · 2023
Assessed value$11.74M
Assessed land$2.42M
Assessed improvement$9.32M
Effective rate1.09%

Value estimate

· Oct 2026
$9.77M
$8.79M – $10.75M
AI approach$9.77M
Submarket $/SF estimate$6.40M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$207/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$126 – $287
Qualifying comparables3

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

What can be built here?
OX-3
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service rela...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.3
Wholesale Shop20.3
Auto Repair Shop17.9

Location

2300 Rexwoods Dr Raleigh, NC 27607-0157
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1500 Sunday, Raleigh, NC 27607-0179 $10,759,500 Dec 2025 62,916 SF
4325 Lk Boone, Raleigh, NC 27607-7509 $6,270,000 Apr 2024 43,865 SF
2301 Rexwoods Dr, Raleigh, NC 27607-3366 $7,540,000 Apr 2024 41,440 SF
5400 Trinity, Raleigh, NC 27607-6001 $18,850,000 Dec 2021 83,422 SF
1501 Nowell, Raleigh, NC 27607 $48,075,000 Dec 2021 83,550 SF
5410 Trinity, Raleigh, NC 27607-6002 $20,150,000 Dec 2021 90,830 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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