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Financial
Distress signals
Property profile

1201 Edwards Mill Rd Raleigh, NC 27607

FOR SALE
Office buildings
Property ID
US53-1661477
110,264 SF 6.29 ac lot Built 1999
Last sale Jul 2016 · $23,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Trinity Place is an office building in West Raleigh, located off Wade Avenue between I-40 and I-440, with proximity to Lenovo Center, Carter-Finley Stadium, and the NC State Fairgrounds. The building has been renovated and is configured as a Class A office property.

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?
$188k
Tax billed · 2023
Assessed value$17.26M
Assessed land$3.28M
Assessed improvement$13.98M
Effective rate1.09%

Value estimate

· Oct 2026
$26.08M
$23.47M – $28.68M
CAP approach$25.07M
Submarket $/SF estimate$20.14M
NOI build-up
Gross scheduled income$2.52M
Vacancy & credit loss−$424k
Operating expenses−$525k
NOI · 5,255,739.57% cap applied$1.57M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
5,255,739.57%
$1.57M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IX-4
The IX-4 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.5
Spa & Massage11.3
Auto Parts Store11.2

Location

1201 Edwards Mill Rd Raleigh, NC 27607
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file 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
5410 Trinity, Raleigh, NC 27607-6002 $20,150,000 Dec 2021 90,830 SF
1501 Nowell, Raleigh, NC 27607 $48,075,000 Dec 2021 83,550 SF
5400 Trinity, Raleigh, NC 27607-6001 $18,850,000 Dec 2021 83,422 SF
1100 Corporate Ctr, Raleigh, NC 27607-5066 $60,000,000 Sep 2021 135,828 SF
4020 Westchase, Raleigh, NC 27607-3938 $253,500 May 2021 102,279 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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