Property summary
Located near Downtown Raleigh, this ±2,025 SF commercial building at 405 Morson St, Raleigh, NC presents an excellent opportunity for office users, investors, or future redevelopment. The property is zoned OX-3 (Office Mixed Use - up to 3 stories), allowing for a variety of commercial and mixed-use applications. The OX-3 zoning allows building heights of up to three stories, creating potential for future expansion or redevelopment in one of Raleigh's rapidly growing urban areas. The property is ideal for professional offices, creative studios, small business headquarters, or live-work concepts, depending on permitted uses. Situated just minutes from Downtown Raleigh, the location provides convenient access to major employment centers, restaurants, retail, and surrounding residential neighborhoods. The area continues to see steady growth and redevelopment, making this property attractive for both owner-users and investors.
Property profile
VerifiedCap rate & NOI
Current use
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Photography Service (Bike/Boat/Book/etc) Store
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Home Health Care Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Raleigh market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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