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    OFF-MARKET
    Office buildings

    1514 Glenwood Ave, Raleigh, NC 27608-2368

    4,422 SF 0.32 ac lot Built 1920
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-2019680
    Property summary
    AI-generated overview

    This exceptional 1,963 square foot executive office suite is available for lease at 1514 Glenwood Avenue in Raleigh, North Carolina. Located in the vibrant Five Points neighborhood, this recently renovated (2024) space offers a bright and inviting atmosphere perfect for a variety of businesses. Situated on the second floor, it's easily accessible via a walk-up entrance. The suite boasts large windows, providing ample natural light and a pleasant working environment. The property features light and modern finishes throughout. The building itself totals 4,422 square feet and is a multi-tenant building. This particular suite offers a significant amount of space, ideal for a growing company or a business requiring substantial office area. Convenient private parking is included, a significant advantage in this desirable location. The property is in Wake County, with a Raleigh zip code of 27608. This is a fantastic opportunity to secure a high-quality office space in a prime Raleigh location. Don't miss out on this chance to establish your business in a thriving and well-connected area.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1920
    Construction FRAME
    Total area 4,422 SF
    Lot 0.32 ac (13,939 SF)
    Zoning code OX-3
    APN 1704.11-56-0283 0050636
    UPID US53-2019680
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • InStride Capital Foot and Ankle Centers Physician
    • Dr. Jacob Panici Physician
    • Howe Marjorie Social Service Agency Charitable Organization
    • Dr. Eldon Peters Physician
    • Deep Patel Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cameron Peters Holding Co LLC · 3 yrs held
    Cameron Peters Holding Co LLC
    since 2023
    Last sale
    $1.8M
    4 recorded transactions
    2023
    $1.8M
    2001
    2001
    1969
    Zoning & alternative use
    OX-3 · Raleigh, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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