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Property profile & analytics
FOR LEASE
Office buildings

1010 Main Campus Dr Raleigh, NC 27606

105,961 SF Built 2016
Entity Owned 6-yr Hold Free & Clear
Property ID
US53-4803349
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2016
Construction BRICK
Total area 105,961 SF
Zoning code CMP
APN 0793.11-55-3723 0441676
UPID US53-4803349
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Center for Technology & Innovation High School Vocational School
  • NC State Online Public University
  • NC State College of Education University Academic Department
  • NC State - DELTA (Digital Education and Learning Technology Applications) Academic Department
  • The Nonwovens Institute Research Institute College
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vtr Ls Cti LP · 6 yrs held
Vtr Ls Cti LP
since 2020
Last sale
$52.8M
2 recorded transactions
2020
$52.8M
2018
Price N/A
Zoning & alternative use
CMP · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Campus (CMP) The CMP District is established to allow for growth and development of colleges and universities and other campus-like uses such as hospitals while protecting the larger community, nearby neighborhoods and the environment from impacts accompanying major new development. The CMP District allows for flexible placement of buildings, and unified tre…

Zone name Campus
General category CIVIC_INSTITUTIONAL
Zone area 1,235.44 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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