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    FOR SALE
    Office buildings

    405 Morson St Raleigh, NC 27601

    2,025 SF Built 1910
    Property ID
    US53-0873669
    405 Morson St, Raleigh, NC 27601 For Sale 1 / 21
    $845,000 2,025 SF
    405 Morson St, Raleigh, NC 27601
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    Property summary
    AI-generated overview

    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
    Verified
    Property type Office buildings
    Year built 1910
    Total area 2,025 SF
    UPID US53-0873669
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cynthia Watson, LCSW Photography Service (Bike/Boat/Book/etc) Store
    • Rusmed Consultants Home Health Care Service
    2 occupants on record
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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