Property profile

1500 Sunday Dr Raleigh, NC 27607

OFF-MARKET
Office buildings
Property ID
US53-5419340
62,916 SF 2.95 ac lot Built 2000
Entity Owned Free & Clear
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Property summary

AI-generated overview

Sunday Drive in Raleigh, NC, offers exceptional Class A executive office space within a well-established office park. This prestigious building, constructed in 2000, boasts a total of 61,227 square feet and currently has 9,176 square feet of vacant space available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,975 square feet to a maximum contiguous space of 4,567 square feet, providing flexibility for businesses of various sizes. The property is located at 1500 Sunday Dr, Raleigh, NC 27607, in Wake County, offering convenient access to the city's amenities and transportation networks. The building's "A" classification signifies its high-quality construction, modern amenities, and desirable location. This presents a unique opportunity for businesses seeking a prestigious and functional workspace in a thriving area. The available space is ideal for companies looking to establish a strong presence in Raleigh's dynamic business environment. Interested parties are encouraged to inquire about lease terms and availability for these exceptional executive office suites.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction BRICK
Total area 62,916 SF
Lot 2.95 ac (128,502 SF)
Zoning code IX-3
APN 0774.12-96-6087 0243021
UPID US53-5419340

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
  • Physician
  • Insurance Agency
  • Insurance Agency
  • Medical Clinic
  • Charitable Organization Social Service Agency

Location

1500 Sunday Dr Raleigh, NC 27607-0179
Raleigh metro Census 52401 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.68M
CAP Approach CAP
$14.31M
Comparable Approach Comparable
$11.27M
Blend (final) Blend
$14.31M

Owner & transaction history

since 2025
Last sale
$10.8M
5 recorded transactions
2025
$10.8M
2022
$14.6M
2020
$10.1M
2013
$8.3M
2007
$9.7M

Zoning & alternative use

IX-3 · Raleigh, NC
Zoning description

The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities

General category MIXED_USE

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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