Financial
Distress signals
Property profile

434 Fayetteville St Raleigh, NC 27601

OFF-MARKET
Office buildings
Property ID
US53-2176177
490,100 SF 0.55 ac lot Built 1991
Last sale Jun 2025 · $6,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Truist/Two Hannover Square is a 441,000-square-foot, 29-story Class A office tower located in the center of downtown Raleigh on Fayetteville Street at Civic Center Plaza. The building is connected to the Sheraton Hotel and is adjacent to the Raleigh Marriott City Center and the Raleigh Convention Center. It includes on-site amenities such as a fitness center, two tenant conference rooms, on-site management, and a sundry shop, and features visitor parking located beneath the building. Additional

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$995k
Tax billed · 2023
Assessed value$85.15M
Assessed land$8.38M
Assessed improvement$76.77M
Effective rate1.17%

Value estimate

· Sep 2026
$6.78M
$6.10M – $7.45M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$195/SF
Submarket average, outlier-cleaned · 533 recorded sales of this use type
Observed band · Q1–Q3$142 – $259

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DX-40
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.1
Watch Repair Shop8.9
Optical Shop8.8

Location

434 Fayetteville St Raleigh, NC 27601-1701
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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