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Property profile & analytics
FOR LEASE
Office buildings

414 Fayetteville St Raleigh, NC 27601

21,945 SF 0.21 ac lot Built 1958
Entity Owned 6-yr Hold Free & Clear
Property ID
US53-1548372
Property summary
AI-generated overview

This exceptional office space at 414 Fayetteville Street in downtown Raleigh, Wake County, NC, offers a diverse range of options for businesses of all sizes. The property provides flexible solutions, catering to individual needs, from traditional private offices fully furnished and equipped for single occupants or large companies, to customizable spaces tailored to specific requirements. Options include serviced offices, custom-designed offices, disaster recovery spaces, and day offices, all offering varying levels of access. Beyond private offices, the location features coworking spaces, providing a collaborative and social work environment with both dedicated desks and hot-desking options. Meeting rooms are also available, ranging from informal chat spaces to facilities suitable for presentations, training sessions, interviews, board meetings, and conferences, bookable by the hour or for extended periods. For businesses seeking a prestigious address without the commitment of a full office, virtual office solutions are offered, including mail handling and virtual assistant services, along with access to lounges and occasional office use. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property is ideally situated in Raleigh's vibrant downtown area, offering convenient access to amenities and transportation. The building's address is 414 Fayetteville St, Raleigh, NC 27601.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Construction BRICK
Total area 21,945 SF
Lot 0.21 ac (9,148 SF)
Zoning code DX-40
APN 1703.42-67-8215 0068939
UPID US53-1548372
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
  • PawBoost (Bike/Boat/Book/etc) Store Corporate Office
  • CPR Certification Classes Raleigh Training Center Vocational School
  • Help One Now Charitable Organization Social Service Agency
  • County Re-Entry County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.48M
Owner & transaction history
Millstream Properties LLC · 6 yrs held
Millstream Properties LLC
since 2020
7 recorded transactions
2020
Price N/A
2016
Price N/A
2014
Price N/A
2013
Price N/A
2003
Price N/A
2002
$635,000
1969
Price N/A
Zoning & alternative use
DX-40 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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