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    150 Fayetteville St Raleigh, NC 27601-1395
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    Property profile & analytics

    150 Fayetteville St, Raleigh, NC 27601-1395

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    • Office buildings
    • 633,488 SF
    • 1.21 lot acres
    Off-Market
    Last Sale Jul 30, 2021
    $148,000,000
    Property ID
    US53-0730001
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wade M. Smith, Attorney / Law Firm
    • Gordon Rees Scully Mansukhani, LLP / Law Firm
    • Coble Charles E / Law Firm
    • Jonathan A. Blumberg, Attorney / Law Firm

    Property Details for 150 Fayetteville St

    Year built
    1990
    Lot size
    1.21 lot acres
    Zone code
    DX-40
    Property type
    Office buildings
    APN
    1703.34-68-8565 0032727
    APU
    1703346885650032727

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 7, 2022 — Stephenson And Link Law Group P LLC Hrlp Fayetteville LP Lease —
    Jul 30, 2021 — Hrlp Fayetteville LP Pop 150 Fayetteville LP Deed —
    Jul 30, 2021 $148,000,000 Hrlp Fayetteville LP Pop 150 Fayetteville LP Special Warranty Deed —
    Dec 31, 2018 — Pop 150 Fayetteville LP — Deed · related —
    Aug 1, 2018 — Pop 150 Fayetteville LLC 150 Fayetteville Owner LLC Quit Claim Deed · related —
    Aug 1, 2018 $173,000,000 Pop 150 Fayetteville LLC 150 Fayetteville Owner LLC Grant Deed · related $114.4M · Miscellaneous Ins Co
    Jan 30, 2017 $2,646,500 150 Fayetteville Tic Owner LLC Ari-rcc 30 LLC Grant Deed —
    Jan 30, 2017 — 150 Fayetteville Owner LLC 150 Fayetteville Tic Owner LLC Quit Claim Deed · related —
    Dec 30, 2016 $1,218,500 150 Fayetteville Tic Owner LLC Ari-rcc 38 LLC Grant Deed —
    Dec 15, 2016 $3,078,500 150 Fayetteville Tic Owner LLC Ari-rcc 4 LLC Grant Deed —
    Dec 15, 2016 $3,537,000 150 Fayetteville Tic Owner LLC Ari-rcc 33 LLC Grant Deed —
    Dec 15, 2016 $2,751,000 150 Fayetteville Tic Owner LLC Ari-rcc 8 LLC Grant Deed —
    Dec 15, 2016 $6,118,000 150 Fayetteville Tic Owner LLC Ari-rcc 3 LLC Grant Deed $120k · Lasalle Bk
    Dec 15, 2016 $3,105,000 150 Fayetteville Tic Owner LLC Ari-rcc 11 LLC Grant Deed —
    Dec 15, 2016 $3,524,000 150 Fayetteville Tic Owner LLC Ari-rcc 15 LLC Grant Deed —
    Dec 15, 2016 $1,860,500 150 Fayetteville Tic Owner LLC Ari-rcc 19 LLC Grant Deed —
    Dec 15, 2016 — 150 Fayetteville Tic Owner LLC Ari-rcc 35 LLC Grant Deed · related —
    Dec 15, 2015 $6,538,000 150 Fayetteville Tic Owner LLC Ari-rcc 6 LLC Grant Deed —
    Dec 15, 2015 $4,060,000 150 Fayetteville Tic Owner LLC Ari-rcc 36 LLC Grant Deed —
    Dec 15, 2015 $6,510,000 150 Fayetteville Tic Owner LLC Ari-rcc 28 LLC Grant Deed —
    Dec 15, 2015 $13,076,000 150 Fayetteville Tic Owner LLC Ari-rcc 32 LLC Grant Deed —
    Dec 15, 2015 $12,376,000 150 Fayetteville Tic Owner LLC Ari-rcc 10 LLC Grant Deed —
    Aug 7, 2015 $180,000 150 Fayetteville Tic Owner LLC Ari-rcc 20 LLC Grant Deed —
    May 25, 2007 $152,300,000 Ari-rcc 38 LLC Ari-raleigh Capitol Center LLC Grant Deed · related —
    — — Pop 150 Fayetteville LP — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
    • CAP approach

      CAP Return
      Estimation
      6%
      $156,010,000
      6.5%
      $144,010,000
      7%
      $133,725,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $127,761,000
      Market price range: $89.7M - $164M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $123,585,000
      Current use
      COMMERCIAL (GENERAL)
      $205,465,000
      Change: +66% Conversion: Easy
      MEDICAL BUILDING
      $199,775,000
      Change: +62% Conversion: Easy
      AUTO REPAIR, GARAGE
      $186,785,000
      Change: +51% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6397
    Latitude
    35.7787
    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
    $1,724,801
    $18,431,988
    $130,790,132
    $149,222,120
    -
    $18,431,988
    $130,790,132
    $149,222,120
    More about this property
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