5112 Departure Dr Raleigh, NC 27616
Property profile & analytics
5112 Departure Dr Raleigh, NC 27616
- Office buildings
- 6,484 SF
- 1.58 lot acres
Property ID
US53-0412643
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
- WB Moore Company Raleigh, NC / Electrical Service / General Contractor
- Mechanical Systems & Services / HVAC Service / General Contractor
Property Details for 5112 Departure Dr
- Year built
- 1998
- Construction
- METAL FRAME
- Lot size
- 1.58 lot acres
- Property size
- 6,484 SF
- Zone code
- IX-3
- Property type
- Office buildings
- APN
- 1726.09-05-0399 0239418
- APU
- 1726090503990239418
Description
This exceptional 7,100 square foot Class B office building, located at 5112 Departure Drive in Raleigh, North Carolina, presents a fantastic leasing opportunity. The property features a total of 7,100 square feet, with 1,900 square feet currently available for lease. The building is categorized as a Traditional Office space with multiple tenancy options. Its convenient location in the US 1/Capital Boulevard corridor provides easy access to major thoroughfares, including I-540 and I-440, ensuring seamless commutes throughout the Raleigh-Durham market. The property's zoning is IX-3, and its Wake County APN is 1726050399. Nearby amenities include the popular Triangle Town Center, Capital Marketplace, and Capital Crossing, offering employees a wide array of shopping, dining, and entertainment options. This is an ideal location for businesses seeking a well-situated office space with excellent accessibility and proximity to key amenities. The building offers a functional and efficient layout, perfect for a variety of business needs. Serious inquiries are encouraged to explore this prime commercial real estate opportunity. Contact us today to schedule a viewing and discuss leasing options for this exceptional space.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,520,000
- ML approach
- $1,610,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,770,000
- 6.5%
- $1,635,000
- 7%
- $1,515,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,681,000
- AI Estimate
- $1,183,000
Market price range: $918k - $1.68MMarket price range: $627k - $1.22M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,265,000 Current use
- RETAIL STORES
- $2,550,000 Change: +101% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,105,000 Change: +66% Conversion: Easy
- MEDICAL BUILDING
- $2,045,000 Change: +62% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,910,000 Change: +51% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5947
- Latitude
- 35.8523
- 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
$13,808
$278,742
$988,062
$1,266,804
-
$278,742
$988,062
$1,266,804
