3803 Computer Dr, Unit B Raleigh, NC 27609-6541
Property profile & analytics
3803 Computer Dr, Unit B Raleigh, NC 27609-6541
- Office buildings
- 28,372 SF
- 1.97 lot acres
Property ID
US53-0843823
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
- Priest Craven & Associates / Engineer / Land Surveyor
- Diva's Hair Care / Hair Salon
- James Jiwen Chun / Dental Office
- Amanda L. Nehilla, OT / Physician
- Kaitlyn Mortimer / Physician
Property Details for 3803 Computer Dr
- Year built
- 1969
- Construction
- BRICK
- Lot size
- 1.97 lot acres
- Property size
- 28,372 SF
- Zone code
- OX-3
- Property type
- Office buildings
- APN
- 1705.08-88-7383 0051370
- APU
- 1705088873830051370
Description
This exceptional two-story retail property, located at 3803 Computer Drive in Raleigh, North Carolina, presents a compelling investment opportunity. The 10,780 square foot building sits on a 0.95-acre lot and boasts a strong tenant roster including Renaissance Dental Center, Wells Orthodontics, and North Hills Dentistry, all operating under a triple-net (NNN) lease structure. Built in 1985 and extensively renovated in 2016, the property is well-maintained and offers ample parking with a ratio of 3.75 spaces per 1,000 square feet. The building's prime location in Wake County, zip code 27609, ensures high visibility and accessibility for tenants and customers. The property's current Net Operating Income (NOI) stands at $377,300, demonstrating its strong financial performance and potential for future growth. This is an excellent opportunity to acquire a stable, high-performing retail investment in a thriving North Carolina market. The property's size, tenant mix, and location make it an attractive asset for discerning investors seeking a reliable income stream and significant return on investment. The property is offered for sale and presents a rare chance to acquire a well-established retail center in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,765,000
- ML approach
- $5,105,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,985,000
- 6.5%
- $6,450,000
- 7%
- $5,990,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,768,000
- AI Estimate
- $4,076,000
Market price range: $3.60M - $6.46MMarket price range: $3.60M - $7.24M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,890,000 Current use
- AUTO REPAIR, GARAGE
- $8,365,000 Change: +71% Conversion: Difficult
- MEDICAL BUILDING
- $7,030,000 Change: +44% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.633
- Latitude
- 35.8331
- 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
$24,276
$2,574,390
$220,821
$2,795,211
-
$2,574,390
$220,821
$2,795,211
