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    105 Bloodworth St Raleigh, NC 27601-1503
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    Property profile & analytics

    105 Bloodworth St Raleigh, NC 27601-1503


    • Investment properties
    • 3,672 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Nov 30, 2020
    $1,040,000
    Property ID
    US53-2114901
    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.

    Value Estimations
    $1,100,000
    Show details
    Cap Rate Potential
    3.7%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Intake Health / Corporate Office
    • Sherpa Collaborative / Employment Agency / Business Service Center
    • Saad Law / Law Firm
    • Portraits South / Photography Service / (Bike/Boat/Book/etc) Store

    Property Details for 105 Bloodworth St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    3,672 SF
    Zone code
    OX-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1703.36-88-8687 0039502
    APU
    1703368886870039502

    Description

    This exceptional 3,672 square foot, two-story executive office building is situated in the heart of downtown Raleigh, North Carolina, at 105 S Bloodworth St, zip code 27601. Built in 1900 and boasting a charming historic character, this property offers a unique blend of old-world appeal and modern functionality. The building features nine total office suites, four of which are currently rented on a month-to-month basis, presenting immediate income potential. High ceilings (12 feet downstairs, 9 feet upstairs) create spacious and inviting work environments. Multiple operable gas fireplaces add warmth and ambiance, while a full kitchen and full bath upstairs provide added convenience. Six paved parking spaces are located at the rear of the building, supplemented by ample street parking. An ADA-compliant lift at the rear deck ensures accessibility. The building sits on a 0.15-acre lot and features a durable slate roof. The property is zoned OX-3-DE and is conveniently located just a block from Moore Square, surrounded by a vibrant mix of restaurants, businesses, and residential areas. A walk-up attic provides additional storage space. This property represents a rare opportunity to acquire a well-maintained, income-producing office building in a prime downtown Raleigh location. The building's history includes a previous location on the Peace College campus, relocating to its current address in the 1970s.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,365,000
      ML approach
      $1,440,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $845,000
      6.5%
      $780,000
      7%
      $725,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,519,000
      Market price range: $780k - $1.78M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,190,000
      Current use
      RETAIL STORES
      $1,445,000
      Change: +21% Conversion: Easy
      MEDICAL BUILDING
      $1,160,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,085,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.633
    Latitude
    35.779
    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
    $12,697
    $849,420
    $317,459
    $1,166,879
    -
    $849,420
    $317,459
    $1,166,879
    More about this property
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