Property profile

12740 Spruce Tree Way Raleigh, NC 27614

OFF-MARKET
Medical Office Space
Property ID
US53-0988521
8,219 SF 1.17 ac lot Built 2001
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2001
Construction BRICK
Total area 8,219 SF
Lot 1.17 ac (50,965 SF)
Zoning code NX-3
APN 1729.02-98-3066 0273923
UPID US53-0988521

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Alternative Medicine Practice
  • Physician
  • Alternative Medicine Practice
  • Dental Office

Location

12740 Spruce Tree Way Raleigh, NC 27614-8295
Raleigh metro Census 54213 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2019
$521,000
2018
Price N/A
1969
Price N/A

Zoning & alternative use

NX-3 · Raleigh, NC
Zoning description

The NX-3 is intended to provide for a variety of residential, retail, service andcommercial uses all within walking distance of residential neighborhoods

General category MIXED_USE
Top alternative use upside
Commercial (general) $2.7M +2.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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