313 Martin St, Raleigh, NC 27601-1139
- Investment properties
- 4,642 SF
- 0.32 lot acres
Current Use by Public Records
- Bender LeFante Law Offices, PC / Law Firm / Child Welfare Organization
- Raleigh Podcast Studio / Recording Studio
- Catalyst Design pllc / Corporate Office
- Gold Shield Tile & Grout Restoration / General Contractor / Renovation Specialist
Property Details for 313 Martin St
- Year built
- 2004
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Zone code
- DX-20
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 1703.35-87-4995 0051805
- APU
- 1703358749950051805
Description
This newly renovated 1,200 square foot office suite is located in a vibrant mixed-use building in the heart of downtown Raleigh, offering a prime location near City Market and across from Moore Square Magnet Middle School. The 2-story building, constructed in 2004 and renovated in 2020, features a total of 4,642 square feet and four suites. This particular suite offers approximately 1,100 square feet of space, including a dedicated receiving area, a conference room, and individual offices. Shared hall bathrooms add approximately 100 square feet of common area. The suite is available immediately. The building boasts a spacious private parking lot with 13 spaces and a shared enclosed shaded outdoor area for tenants. The property sits on 0.32 acres of land and is zoned DX20. The monthly rent is $1,975, with no TICAM charges. Water and common area/exterior lighting are included in the rent; tenants are responsible for other utilities. The minimum divisible space is 1,100 square feet, with a maximum contiguous space of 1,200 square feet.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,070,000
- 6.5%
- $990,000
- 7%
- $920,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $773,000
Market price range: $263k - $774k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6342
- Latitude
- 35.7771
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
