Realmo Analytics
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Property summary
Somerset, located at 4505 + 4515 Falls of Neuse Road in Raleigh, NC 27609, offers a prime opportunity for businesses seeking executive office space in Wake County. This Class A office building boasts a total of 169,700 square feet, with 70,875 square feet currently vacant and available for lease. Multiple tenancy options are available, ranging from a minimum of 1,582 square feet to a maximum contiguous space of 9,348 square feet. The building's convenient location near Midtown Raleigh… provides easy access to a wide array of restaurants, shopping, fitness centers, and entertainment venues, catering to the needs of today's workforce. The property is ideally situated for businesses seeking a vibrant and accessible location. This exceptional office space presents a unique opportunity to establish or expand your business in a highly desirable area of Raleigh. The building's amenities are designed to meet the demands of modern businesses, creating a productive and comfortable work environment. With its strategic location and flexible space options, Somerset is an excellent choice for companies of various sizes. Contact us today to learn more about leasing opportunities and explore how this exceptional property can meet your business needs. The property is conveniently located in Wake County, North Carolina.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 116,352 SF
- Lot area
- 3.49 ac
- Year built
- 1984
- Stories
- 5
- APN
- 1716.18-41-4680 0112817
- Zoning
- OX-7
- Assessed value · 2023
- $13,684,438
- Annual tax · 2023
- $149,160
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The OX-7 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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