Financial
Distress signals
Property profile

5540 Centerview Dr Raleigh, NC 27606

FOR LEASE
Office buildings
Property ID
US53-1689282
95,088 SF 9.19 ac lot Built 1986
Last sale Jul 2017 · $13,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-suite office building in Raleigh containing multiple rentable office suites with the following approximate sizes: Suite 101 (4,968 rentable sq. ft.), Suite 217 (3,151 rentable sq. ft.), Suite 316 (about 2,950 rentable sq. ft.), Suite 317 (2,290 rentable sq. ft.), Suite 405 (2,554 rentable sq. ft.), and Suites 415 and 421, which can be combined for 6,978 rentable sq. ft. or separately demised into 3,321 and 3,556 rentable sq. ft. In addition, Suites 405, 415, and 421 can…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$157k
Tax billed · 2023
Assessed value$14.37M
Assessed land$6.02M
Assessed improvement$8.35M
Effective rate1.09%

Value estimate

· Sep 2026
$16.94M
$15.25M – $18.63M
CAP approach$21.62M
Submarket $/SF estimate$18.66M
NOI build-up
Gross scheduled income$2.11M
Vacancy & credit loss−$355k
Operating expenses−$439k
NOI · 5,605,255.32% cap applied$1.32M

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?
5,605,255.32%
$1.32M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OX-4
The OX-4 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service rela...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.4
Auto Repair Shop14.4
Auto Parts Store13.0

Location

5540 Centerview Dr Raleigh, NC 27606
County assessor Recorded deeds · 4 transfers Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5565 Centerview, Raleigh, NC 27606-5447 $5,704,500 Jan 2025 75,276 SF
5511 Capital Ctr Dr, Raleigh, NC 27606-4166 $6,000,000 Dec 2024 164,990 SF
1121 Situs, Raleigh, NC 27606-4165 $10,698,300 Jun 2022 60,763 SF
1130 Situs, Raleigh, NC 27606-3391 $9,994,500 Jun 2022 58,000 SF
1100 Situs, Raleigh, NC 27606-5446 $7,084,600 Jun 2022 40,770 SF
1010 Main Campus Dr, Raleigh, NC 27606-5550 $52,800,000 Mar 2020 105,961 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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