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    2300 Rexwoods Dr Raleigh, NC 27607
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    Property profile & analytics

    2300 Rexwoods Dr Raleigh, NC 27607


    • Office buildings
    • 60,560 SF
    • 4.29 lot acres
    Medical Office Building For Lease For Lease
    $9,770,000
    61,060 SF

    Medical Office Building For Lease

    Multi-tenant medical office building near UNC Rex Hospital.

    2300 Rexwoods Dr, Raleigh, NC 27607
    View Listing
    Property ID
    US53-1956588
    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
    $9,770,000
    Cap Rate Potential
    9.2%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Chaila Yarborough, Counselor / Life Coach / Counselor
    • Mindi Perry, Counselor / Psychotherapist / Child Psychologist
    • Ireland Gibbs, Counselor / Physician / Medical Clinic
    • Booth & Associates LLC / Engineering Consultant / Electrical Engineer
    • Blue Heel Development / General Contractor

    Property Details for 2300 Rexwoods Dr

    Year built
    1997
    Construction
    BRICK
    Lot size
    4.29 lot acres
    Property size
    60,560 SF
    Zone code
    OX-3
    Property type
    Office buildings
    APN
    0785.20-81-3353 0050616
    APU
    785208133530050616

    Description

    This three-story, 61,060 square foot Class B medical office building, located at 2300 Rexwoods Dr in Raleigh, NC 27607, offers multiple tenancy options. Built in 1990 and extensively renovated in 2020, the building features approximately 20,353 square foot floorplates. Currently, there are three available spaces ranging from 7,654 to 12,538 square feet. The property enjoys a prime location in Wake County's West Raleigh submarket, specifically the Blue Ridge corridor. Its proximity to UNC Rex Hospital, a nationally recognized hospital, provides exceptional visibility and access to a large patient base. The building is conveniently situated between Interstates 40 and 440, offering easy access to Downtown Raleigh, Cary, and the Research Triangle Park (RTP). Furthermore, its location near Lake Boone Shopping Center and Marketplace at Lake Boone provides employees and patients with convenient access to restaurants and retail amenities. This well-maintained building presents a unique opportunity for medical practices seeking a modern, accessible, and strategically located space within a thriving medical community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $9,770,000
      ML approach
      $9,770,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,397,000
      Market price range: $1.06M - $10.5M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $12,520,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7017
    Latitude
    35.8139
    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
    $127,982
    $2,421,861
    $9,319,598
    $11,741,459
    -
    $2,421,861
    $9,319,598
    $11,741,459
    View Listing
    More about this property
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