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Property profile & analytics
FOR LEASE
Office buildings

2555 Capitol Dr Creedmoor, NC 27522

19,810 SF 1.96 ac lot Built 2000
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US53-3309226
Property summary
AI-generated overview

This exceptional 21,602 square foot shopping center presents a compelling investment opportunity in the rapidly growing Granville County area of North Carolina. Strategically located off I-85 at Exit 191, this property boasts a prime location with excellent visibility and accessibility. The building, constructed in 2000, comprises ten suites: nine storefront units and one interior unit, currently fully occupied by a diverse tenant mix including a restaurant, laundromat, beauty supply store, cell phone retailer, beauty salon, attorney's office, and real estate agency. The property sits on a 1.95-acre lot with full road frontage on Highway 56, benefiting from a high daily traffic count of 17,500 vehicles on Highway 56 and 32,500 on I-85. Recent improvements include a new roof installed in March 2021 and a resealed and restriped parking lot completed in October 2022. Its convenient location provides easy access to Research Triangle Park (RTP), North Raleigh, Raleigh-Durham International Airport (RDU), and the Virginia/North Carolina state line, ensuring strong tenant demand and potential for future growth. The asking price for this exceptional investment property is $4,250,000. This fully leased shopping center offers a stable income stream and significant upside potential in a thriving market. The property address is 2555 Capitol Drive, Creedmoor, NC 27522.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 19,810 SF
Lot 1.96 ac (85,378 SF)
Zoning code HB CAII
APN 88703217017
UPID US53-3309226
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.10M
Blend (final) Blend
$2.12M
Owner & transaction history
Capitol Investments Nc LLC · 5 yrs held
Capitol Investments Nc LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
HB CAII · Creedmoor, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.1M +25.2%
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