Property profile

3708 Forestview Rd Raleigh, NC 27612

OFF-MARKET
Medical Office Space
Property ID
US53-1778777
22,278 SF 1.89 ac lot Built 2014
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2014
Construction BRICK
Total area 22,278 SF
Lot 1.89 ac (82,328 SF)
Zoning code OX-3
APN 0785.16-83-4859 0071931
UPID US53-1778777

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Real Estate Agency
  • General Contractor
  • Real Estate Agency
  • Physician

Location

3708 Forestview Rd Raleigh, NC 27612-8042
Raleigh metro Census 52504 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2024
7 recorded transactions
2025
Price N/A
2024
$1.2M
2024
$1.3M
2021
$313,500
2021
$875,000
2020
Price N/A
2019
Price N/A

Zoning & alternative use

OX-3 · Raleigh, NC
Zoning description

The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options

General category MIXED_USE
Top alternative use upside
Commercial (general) $7.2M +2.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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