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    Property profile & analytics

    4207 Lk Boone Trl Raleigh, NC 27607-6684

    • Medical offices
    • 21,615 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $7,155,000
    Last Sale
    Apr 04, 2024
    $6,970,000
    Location Intelligence
    Property ID
    US53-1758694
    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.

    Current Use by Public Records

    • John Grant Buttram, MD / Neurosurgeon / Doctor
    • Peter C. Ng, MD, FACS, FASMBS / Doctor / Nutritionist
    • REX Neuroendovascular Surgery / Neurosurgeon
    • Sharp Lindsey MD / Doctor / Surgeon
    • Erica Mckearney / Physician Assistant / Health Care Facility

    Property Details for 4207 Lk Boone Trl

    Year built
    1993
    Construction
    BRICK
    Lot size
    1.37 lot acres
    Property size
    21,615 SF
    Zone code
    OX-3
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    0785.20-81-6689 0018828
    APU
    785208166890018828

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,000,000
      6.5%
      $7,710,000
      7%
      $6,685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,920,000
      Geo Method
      $7,555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,980,000
      Retail
      $7,435,000
      Mixed-Use
      $7,540,000
      Hospitality
      $6,360,000
      Educational
      $8,040,000
      Residential Income
      $8,225,000
      Energy
      $7,005,000
      Income-Based Land
      $8,110,000
      Food Service
      $6,200,000

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.701
    Latitude
    35.8149
    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
    2023
    $46,132
    $773,414
    $3,458,840
    $4,232,254
    -
    $773,414
    $3,458,840
    $4,232,254

    Comparable in this City

    • Value Estimation by Request
      20,508 SF

      4505 Fair Mdws Ln

      MEDICAL BUILDING • 20,508 SF
      4505 Fair Mdws Ln, Raleigh, NC 27607-6465
      View Details
    • Value Estimation by Request
      63,977 SF

      2605 Blue Rdg Rd

      MEDICAL BUILDING • 63,977 SF
      2605 Blue Rdg Rd, Raleigh, NC 27607-0112
      View Details
    • Value Estimation by Request
      43,706 SF

      2801 Blue Rdg Rd

      MEDICAL BUILDING • 43,706 SF
      2801 Blue Rdg Rd, Raleigh, NC 27607-0114
      View Details
    • Value Estimation
      $12,935,000
      40,363 SF

      4301 Lk Boone Trl

      MEDICAL BUILDING • 40,363 SF
      4301 Lk Boone Trl, Raleigh, NC 27607-0103
      View Details
    • Value Estimation
      $13,695,000
      50,220 SF

      4201 Lk Boone Trl

      MEDICAL BUILDING • 50,220 SF
      4201 Lk Boone Trl, Raleigh, NC 27607-7512
      View Details
    • Value Estimation by Request
      10,002 SF

      2615 Lk Dr Ste, Unit 201

      MEDICAL BUILDING • 10,002 SF
      2615 Lk Dr Ste, Raleigh, NC 27607-6694
      View Details

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    Raleigh, NC 27607-6684
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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