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Property profile & analytics
OFF-MARKET Estimated value $3,400,000
Office buildings

107 Fayetteville St Raleigh, NC 27601-1398

13,125 SF 0.06 ac lot Built 1973
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US53-0812238
Property summary
AI-generated overview

This exceptional Class A office building at 107 Fayetteville Street, Suite 500, offers a unique blend of industrial-modern design and prime downtown Raleigh location. The 13,125 square foot building, constructed in 1974 and extensively renovated in 2015, features five stories and boasts 11-foot ceilings, creating a spacious and collaborative atmosphere. Suites are available in sizes ranging from a minimum of 2,500 square feet up to a maximum contiguous space of 10,000 square feet, making it ideal for businesses of various sizes. The building's multiple tenancy structure provides flexibility for diverse needs, accommodating startups, established firms, and creative ventures. The property benefits from a secure elevator system with keycard access, ensuring safety and convenience. Parking is readily available in nearby parking decks and on the street. This exceptional location places tenants within walking distance of numerous restaurants, shops, the courthouse, and the YMCA, offering unparalleled access to downtown Raleigh's vibrant amenities. The building is zoned DX-5-UG. This is a rare opportunity to secure a highly desirable office space in the heart of downtown Raleigh.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1973
Construction BRICK
Total area 13,125 SF
Lot 0.06 ac (2,614 SF)
Zoning code DX-40
APN 1703.26-78-1715 0018815
UPID US53-0812238
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
  • Carson Anderson - Engel & Völkers Raleigh Real Estate Agency
  • Halftax Consultant
  • TBP Homes of Raleigh General Contractor
  • Capital Square Funding Group Association Or Organization
  • Real Estate Online Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.56M
CAP Approach CAP
$2.99M
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$3.40M
Owner & transaction history
Cityplat Hq LLC · 6 yrs held
Cityplat Hq LLC
since 2020
Last sale
$3.2M
5 recorded transactions
2020
$3.2M
2015
Price N/A
2014
$1.2M
2013
Price N/A
1969
Price N/A
Zoning & alternative use
DX-40 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.2M +101.4%
Commercial (general) $4.3M +66.3%
Medical building $4.1M +61.7%
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