1514 Glenwood Ave Raleigh, NC 27608-2368
- Office buildings
- 4,422 SF
- 0.32 lot acres
Current Use by Public Records
- InStride Capital Foot and Ankle Centers / Doctor / Medical Clinic
- Dr. Jacob Panici / Podiatrist
- Howe Marjorie / Social Services Organization / Professional Services
- Dr. Eldon Peters / Podiatrist
- Deep Patel / Podiatrist
Property Details for 1514 Glenwood Ave
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Property size
- 4,422 SF
- Zone code
- OX-3
- Property type
- Office buildings
- APN
- 1704.11-56-0283 0050636
- APU
- 1704115602830050636
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,820,000
- 6.5%
- $1,885,000
- 7%
- $1,685,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,740,000
- Geo Method
- $1,795,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,425,000
- Retail
- $1,695,000
- Mixed-Use
- $1,425,000
- Hospitality
- $1,385,000
- Educational
- $1,755,000
- Residential Income
- $1,520,000
- Energy
- $1,495,000
- Income-Based Land
- $1,900,000
- Food Service
- $1,855,000
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6457
- Latitude
- 35.7998
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
