Property summary
This exceptional two-story office building, located at 1312 Annapolis Drive in Raleigh, NC, offers 27,000 square feet of versatile space ideal for both executive and medical office uses. Built in 1979, the Class B property is situated in Wake County and boasts a convenient multiple tenancy structure. The building is easily divisible, with a minimum leasable space of 5,000 square feet, providing flexibility for businesses of various sizes. Ample parking is available, with a ratio of four spaces per 1,000 square feet. The property's address is 1312 Annapolis Drive, Raleigh, NC 27608. Its strategic location within Raleigh offers easy access to major transportation routes and a thriving business community. This presents a unique opportunity for businesses seeking high-quality office space in a desirable location. The building's 27,000 square feet provides ample room for expansion or consolidation, catering to a range of business needs. The flexible layout allows for customization to suit specific requirements. With its convenient location, ample parking, and adaptable space, this property represents a compelling investment opportunity in the heart of Raleigh. Contact us today to learn more about this exceptional office building.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Insurance Agency
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Law Firm
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Construction Company General Contractor
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Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Raleigh market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OX-3 · Raleigh, NCThe OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OX-3 in Raleigh, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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