Property profile

3840 Ed Dr Ste 120 Raleigh, NC 27612

OFF-MARKET
Medical Office Space
Property ID
US53-1113604
4,776 SF Built 2007
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Construction BRICK
Total area 4,776 SF
Zoning code OX-3
APN 0785.16-94-3146 0404183
UPID US53-1113604

Cap rate & NOI

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

Location

3840 Ed Dr Ste, Unit 120 Raleigh, NC 27612-8097
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
$1.14M
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k

Owner & transaction history

since 2010
2 recorded transactions
2010
$858,500
1969
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

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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