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    520 Harrington St Raleigh, NC 27601-2108

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    520 Harrington St Raleigh, NC 27601-2108


    • Office buildings
    • 4,160 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Mar 5, 2025
    $1,925,000
    Property ID
    US53-0240942
    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.

    Value Estimations
    $1,400,000
    Show details
    Cap Rate Potential
    4.2%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Sunny HQ, LLC / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 520 Harrington St

    Year built
    1968
    Construction
    CONCRETE BLOCKS
    Lot size
    0.13 lot acres
    Property size
    4,160 SF
    Zone code
    DX-5
    Property type
    Office buildings
    APN
    1703.41-56-1702 0008408
    APU
    1703415617020008408

    Description

    This exceptional 4,160 square foot single-tenant office building, located at 520 S Harrington St in Downtown Raleigh, NC (27601), presents a unique opportunity. Completely renovated in 2010, this loft-style space is ideal for creative industries. The property boasts a plug-and-play layout, including a fully equipped kitchen and spacious conference rooms. Enjoy a rooftop deck offering stunning Downtown Raleigh views. The building, constructed in 1968, sits on a 0.13-acre lot and features one story with on-site parking for two vehicles, supplemented by ample street parking and nearby garages. The DX-12-UL-CU zoning allows for flexibility. Its prime location offers easy access to major thoroughfares, and is within a short walk of the Red Hat Amphitheater and Raleigh Convention Center, and approximately a 20-minute walk to the State Capitol. The building's structural capacity even allows for the potential addition of a second floor. A landscaped, fenced entry adds to the property's curb appeal. This is a truly remarkable opportunity in the heart of Downtown Raleigh. APN: 1703561702.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,480,000
      ML approach
      $1,335,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,025,000
      6.5%
      $945,000
      7%
      $880,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,290,000
      RETAIL STORES
      $1,635,000
      COMMERCIAL (GENERAL)
      $1,350,000
      MEDICAL BUILDING
      $1,310,000
      AUTO REPAIR, GARAGE
      $1,225,000
      WAREHOUSE, STORAGE
      $940,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6457
    Latitude
    35.7737
    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
    $10,088
    $305,802
    $619,702
    $925,504
    -
    $305,802
    $619,702
    $925,504
    More about this property
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