2315 Atlantic Ave Raleigh, NC 27604-1407
Property profile & analytics
2315 Atlantic Ave Raleigh, NC 27604-1407
- Distribution centers
- 127,875 SF
- 4.70 lot acres
Property ID
US53-5679709
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.
Location Intelligence
Current Use by Public Records
- Few Moves Moving Company (Raleigh) / Moving Company
Property Details for 2315 Atlantic Ave
- Year built
- 1973
- Lot size
- 4.70 lot acres
- Property size
- 127,875 SF
- Zone code
- IX-3
- Property type
- Distribution centers
- APN
- 1715.18-20-6245 0082744
- APU
- 1715182062450082744
Description
This exceptional retail property, located at 2315 Atlantic Avenue in Wake County, offers a substantial 38,135 square feet of single-tenant space currently available for lease. The building presents a unique opportunity for a business seeking a significant footprint. The space is entirely vacant, allowing for complete customization to suit a tenant's specific needs. While the property includes a 3,000 square foot office area, it requires rehabilitation. The building boasts impressive features including 18-foot ceilings and seven loading docks, making it ideal for businesses requiring ample space and efficient loading capabilities. The lease terms expire on July 31, 2026. The rental rate is $7.95 per square foot, triple net (NNN), with a tenant improvement allowance (TICAM) of $1.55 per square foot. This prime location in Wake County offers excellent visibility and accessibility, making it an attractive proposition for a wide range of retail businesses. The substantial square footage, combined with the loading dock access and high ceilings, makes this property particularly suitable for businesses requiring significant storage or operational space. The upcoming lease expiration date provides an opportunity for a long-term commitment with favorable lease terms. This is a rare opportunity to secure a large, well-located retail space in a thriving market. Interested parties are encouraged to inquire promptly.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $16,565,000
- 6.5%
- $15,290,000
- 7%
- $14,195,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $10,457,000
Market price range: $4.54M - $13.4M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6203
- Latitude
- 35.8106
- 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
2024
$136,423
$8,598,744
$7,218,925
$15,817,669
-
$8,598,744
$7,218,925
$15,817,669
