4301 Lake Boone Trl Raleigh, NC 27607
Property profile & analytics
4301 Lake Boone Trl Raleigh, NC 27607
- Medical Office Space
- 40,363 SF
- 2.51 lot acres
Property ID
US53-1461970
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.
Location Intelligence
Current Use by Public Records
- Edward Jones - Financial Advisor: Claren W Englebreth, CFP®|AAMS™ / Financial Advisor
- Raleigh TEACCH Center / Medical Clinic
- Michael N. Zarzar, MD / Physician
- Ashley Hester / Physician / Medical Clinic
- Sheryll A. Daniel, PHD / Medical Clinic
Property Details for 4301 Lake Boone Trl
- Year built
- 1989
- Construction
- BRICK
- Lot size
- 2.51 lot acres
- Property size
- 40,363 SF
- Zone code
- OX-3
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 0785.20-81-4583 0050071
- APU
- 785208145830050071
Description
This exceptional three-story Class B medical office building, Rexwoods I, located at 4301 Lake Boone Trail in Raleigh, NC 27607, offers 41,838 square feet of space. Built in 1990, the building is situated in the desirable West Raleigh submarket, specifically the Blue Ridge cluster. The property currently features two suites, with 1,600 square feet of immediately available space. This space represents a minimum divisible unit, while the maximum contiguous space available is 2,714 square feet. The building's strategic location provides excellent accessibility and visibility. Ideal for medical practices seeking efficient and well-maintained office space in a thriving area. The building's multiple tenancy structure offers flexibility for various medical specialties. Interested parties should note that the building is a three-story structure. This presents a unique opportunity for medical professionals to establish or expand their practice in a highly sought-after location within the Raleigh-Durham metropolitan area. Inquire today to learn more about leasing opportunities within this well-maintained medical office building.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $13,160,000
- ML approach
- $13,160,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,415,000
- 6.5%
- $9,615,000
- 7%
- $8,925,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,822,000
Market price range: $8.97M - $16.1M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $12,730,000 Current use
- RETAIL STORES
- $15,860,000 Change: +25% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $13,090,000 Change: +3% Conversion: Easy
- AUTO REPAIR, GARAGE
- $11,900,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7016
- Latitude
- 35.8148
- 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
$81,878
$1,416,995
$6,094,765
$7,511,760
-
$1,416,995
$6,094,765
$7,511,760
