Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4301 Reedy Crk Rd Raleigh, NC 27607-6413

    • Life science properties
    • 20,269 SF
    OFF-MARKET
    Value Estimations
    $630,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2840479
    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

    • Life science properties

    Property Details for 4301 Reedy Crk Rd

    Year built
    1998
    Construction
    CONCRETE BLOCKS
    Property size
    20,269 SF
    Zone code
    AP
    Property type
    Life science properties
    APN
    0785.18-12-1112 0209883
    APU
    785181211120209883

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $630,000

    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $650,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7098
    Latitude
    35.8119
    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
    $0.00
    $0.00
    $3,729,266
    $3,729,266
    -
    $0.00
    $3,729,266
    $3,729,266

    Comparable in this City

    • Value Estimation
      $290,000
      5,134 SF

      1400 Blue Rdg Rd

      R&D FACILITY, LABS, PHARMA • 5,134 SF
      1400 Blue Rdg Rd, Raleigh, NC 27607-3904
      View Details
    • Value Estimation
      $520,000
      18,718 SF

      4401 Reedy Crk Rd

      R&D FACILITY, LABS, PHARMA • 18,718 SF
      4401 Reedy Crk Rd, Raleigh, NC 27607-6445
      View Details
    • Value Estimation
      $575,000
      34,236 SF

      4300 Reedy Crk Rd

      R&D FACILITY, LABS, PHARMA • 34,236 SF
      4300 Reedy Crk Rd, Raleigh, NC 27607-6460
      View Details
    • Value Estimation
      $1,165,000
      54,339 SF

      4000 Reedy Crk Rd

      R&D FACILITY, LABS, PHARMA • 54,339 SF
      4000 Reedy Crk Rd, Raleigh, NC 27607-6440
      View Details
    • Value Estimation
      $750,000
      47,670 SF

      1001 William Moore Dr, Unit LH

      R&D FACILITY, LABS, PHARMA • 47,670 SF
      1001 William Moore Dr, Raleigh, NC 27607-6379
      View Details
    • Value Estimation
      $405,000
      13,308 SF

      3127 Ligon St

      R&D FACILITY, LABS, PHARMA • 13,308 SF
      3127 Ligon St, Raleigh, NC 27607-5376
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      54,250 SF

      Historic Brick Warehouse Near I-440

      Historic brick warehouse near I-440, walkable amenities, and universities.
      3701-3715 Neil St, Raleigh, NC 27607
      View Details
    • $850,000
      1,961 SF

      Raleigh Retail Investment Opportunity

      High-traffic retail space near NC State.
      2 Dixie Trl, Raleigh, NC 27607
      View Details
    • $370,000
      1,990 SF

      Charming Townhome Near PNC Arena

      Beautifully appointed four-bedroom townhome near PNC Arena and NC State.
      1031 Lake Moraine Pl, Raleigh, NC 27607
      View Details
    • $925,000

      Land Opportunity with Custom Build

      Land available for custom pre-sale in Raleigh, North Carolina.
      2112 Saint James Rd, Raleigh, NC 27607
      View Details
    • $725,000

      Residential Land in Prime Location

      0.41-acre lot with potential to build custom dream house.
      3304 Red Bud St, Raleigh, NC 27607
      View Details
    • $1,250,000
      0.23 Acres

      Prime Land Near NC State

      Investment opportunity near NC State University with redevelopment potential.
      3010 Burrell Pl, Raleigh, NC 27607
      View Details

    Similar Nearby for Lease

    • $29 SF/Yr
      62,000 SF

      Arena Centre Executive Suites

      Raleigh, NC Class A Office Space Available
      1511 Sunday Dr, Raleigh, NC 27607
      View Details
    • $18 SF/Yr
      6,375 SF

      Raleigh Executive Office Suite

      Prime Raleigh location, 6,375 sq ft.
      1101 Nowell Rd, Raleigh, NC 27607
      View Details
    • $34 SF/Yr
      42,489 SF

      Rexwoods III Medical Office Space

      West Raleigh medical office suites available.
      2301 Rexwoods Dr, Raleigh, NC 27607
      View Details
    • $27 SF/Yr
      35,876 SF

      Raleigh Medical Office Space for Lease

      Class A medical office suites in prime Raleigh location.
      2417 Atrium Dr, Raleigh, NC 27607
      View Details
    • $35 SF/Yr
      61,060 SF

      Rexwoods V Medical Office Space

      Raleigh, NC medical office building with 15,870 SF available.
      2300 Rexwoods Dr, Raleigh, NC 27607
      View Details
    • $27 SF/Yr
      61,227 SF

      Prime Raleigh Executive Suites

      Class A Office Space, Multiple Sizes Available
      1500 Sunday Dr, Raleigh, NC 27607
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4301 Reedy Crk Rd
    Raleigh, NC 27607-6413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.