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    Property profile & analytics
    OFF-MARKET Estimated value $6,365,000
    Office buildings

    2910 Sumner Blvd, Raleigh, NC 27616-2965

    27,464 SF 3.35 ac lot Built 2012
    Entity Owned Free & Clear
    Property ID
    US53-1819460
    Property summary
    AI-generated overview

    This exceptional 26,450 square foot, two-story executive office building, constructed in 2012, presents a unique opportunity in Raleigh, NC. Located at 2910 Sumner Boulevard, zip code 27616, this single-tenant property offers unparalleled flexibility. Currently vacant, the entire 26,450 square feet is available for immediate occupancy. The building's design allows for either single-occupancy use as a corporate headquarters or subdivision to accommodate multiple tenants, providing rare versatility in the market. The convenient location off Old Wake Forest Road offers easy access to major transportation arteries, being less than half a mile from the I-540 and US 1 interchange. Ample parking is provided with a ratio of 4.53 spaces per 1,000 square feet. This free-standing building represents a significant opportunity for businesses seeking a modern, well-located, and adaptable office space in a thriving Raleigh neighborhood. The property is situated at 35.8677254 latitude and -78.589222 longitude. The building offers a range of potential suite sizes, from approximately 6,168 square feet to 19,997 square feet.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2012
    Construction BRICK
    Total area 27,464 SF
    Lot 3.35 ac (145,926 SF)
    Zoning code OX-3
    APN 1727.17-11-6097 0342137
    UPID US53-1819460
    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
    Current use
    Occupant on record · Public records
    • NC Rate Bureau Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.02M
    CAP Approach CAP
    $6.92M
    Comparable Approach Comparable
    $5.39M
    Blend (final) Blend
    $6.37M
    Owner & transaction history
    Greenleaf Investment Partners Loss
    Greenleaf Investment Partners Loss
    since 2025
    Last sale
    $6.0M
    6 recorded transactions
    2025
    2025
    $6.0M
    2022
    2022
    $7.0M
    2012
    2012
    $900,000
    Zoning & alternative use
    OX-3 · Raleigh, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $8.9M +66.3%
    Medical building $8.7M +61.7%
    Auto repair, garage $8.1M +51.1%
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