Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    206 New Bern Pl Raleigh, NC 27601-1416
    Back to Search
    Property profile & analytics

    206 New Bern Pl, Raleigh, NC 27601-1416

    View on Map

    • Investment properties
    • 4,044 SF
    • 0.20 lot acres
    Off-Market
    Last Sale Jan 10, 2020
    $1,590,000
    Property ID
    US53-0409402
    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
    $1,620,000
    Show details
    Cap Rate Potential
    2.7%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Old Mac Partners / Insurance Agency
    • Targeted Persuasion / Marketing & Advertising / Advertising Agency
    • Pesticide Education Project / Charitable Organization / Social Service Agency
    • MoRLee Media / Photography Service / (Bike/Boat/Book/etc) Store
    • Elaine Robinson Beattie / Consultant

    Property Details for 206 New Bern Pl

    Year built
    1850
    Construction
    FRAME
    Lot size
    0.20 lot acres
    Zone code
    DX-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1703.27-79-9072 0150411
    APU
    1703277990720150411

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 10, 2020 $1,590,000 Piikk LLC P3 Associates LLC Warranty Deed $1.3M · Pnc Bk
    Jun 3, 2013 $430,000 P3 Associates Fdr Partners Warranty Deed $360k · Vantagesouth Bk
    — — P3 Associates LLC — Deed Of Trust · related $350k · Branch Banking & Tr Co
    — — Fdr Partners — Deed Of Trust · related $60k · Branch Banking & Trust Co
    — — Fdr Partners — Deed Of Trust · related $1M · Branch Banking & Trust Co
    — — Fdr Partners — Deed Of Trust · related $249k · Branch Banking & Trust Co
    — — Fdr Partners — Deed Of Trust · related $11k · Branch Banking & Trust Co

    Description

    This exceptional 4,044 square foot executive office building, located at 206 New Bern Place in downtown Raleigh, NC, presents a unique blend of history and modern functionality. Known as the White Holman House, this historically registered property, originally constructed in 1798, boasts meticulously preserved historic character combined with tasteful renovations. The building sits on a 0.2-acre lot and offers ample parking with 30+ free two-hour spaces and 4 dedicated spaces. The interior layout includes nine offices, multiple conference rooms, and a well-equipped kitchen, providing a versatile and comfortable workspace. Currently fully vacant, the entire 4,044 square feet is available for lease or purchase. The property is zoned Downtown Mixed Use (DX-3) within Wake County, offering significant potential for various professional uses. Its historic designation qualifies it for potential tax benefits, making it an attractive investment opportunity. This stand-alone building provides a prestigious address in a vibrant downtown location, offering a rare chance to own a piece of Raleigh's rich history while enjoying the advantages of a modern, well-maintained office space. The property's multiple office configuration and ample parking make it ideal for a variety of businesses or investors seeking a unique and high-value asset.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,085,000
      ML approach
      $2,055,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,528,000
      Market price range: $859k - $1.96M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,310,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,230,000
      Change: +70% Conversion: Difficult
      RETAIL STORES
      $1,590,000
      Change: +21% Conversion: Easy
      MEDICAL BUILDING
      $1,275,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,190,000
      Change: -9% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.636
    Latitude
    35.78
    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
    $6,858
    $872,071
    $301,858
    $1,173,929
    -
    $872,071
    $301,858
    $1,173,929
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message