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    7205 Stonehenge Dr Raleigh, NC 27613-1649

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    7205 Stonehenge Dr Raleigh, NC 27613-1649


    • Medical Office Space
    • 6,415 SF
    • 0.87 lot acres
    Off-Market
    Last Sale Apr 25, 2025
    $2,050,000
    Property ID
    US53-0990228
    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
    $1,510,000
    Show details
    Cap Rate Potential
    6.2%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • R Everett Everett Frerichs / Pediatrician / Medical Clinic
    • Emily Morgan / Pediatrician / Medical Clinic
    • North Raleigh Pediatric Group / Pediatrician / Medical Clinic
    • Dr. R E. Frerichs, MD / Pediatrician / Medical Clinic
    • Dr. Nirali M. Dubal, MD / Pediatrician / Medical Clinic

    Property Details for 7205 Stonehenge Dr

    Year built
    1993
    Construction
    BRICK
    Lot size
    0.87 lot acres
    Property size
    6,415 SF
    Zone code
    OX-3
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    0797.10-47-5472 0160439
    APU
    797104754720160439

    Description

    This exceptional standalone medical office building, located at 7205 Stonehenge Dr in Raleigh, NC, presents a unique investment opportunity. The 6,682 square foot building, constructed in 1993, is situated on a 0.87-acre lot and features two stories. Its convenient location off Creedmoor Road, between I-540 and Highway 70, provides excellent accessibility. The property is zoned OX-3, making it ideal for medical practices. Offered at $2,350,000, this owner/user opportunity allows for the acquisition of a high-demand medical office space in a thriving Raleigh market. The building's standalone nature offers significant advantages, including ample parking and high visibility. This is a rare chance to secure a well-established medical office building in a prime location. The property's size and zoning make it suitable for a variety of medical uses, providing flexibility for potential buyers. Serious inquiries are encouraged to explore this exceptional investment opportunity further.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,435,000
      ML approach
      $1,470,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,485,000
      6.5%
      $1,370,000
      7%
      $1,275,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,755,000
      Market price range: $1.43M - $2.56M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,025,000
      Current use
      COMMERCIAL (GENERAL)
      $2,080,000
      Change: +3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,890,000
      Change: -7% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6807
    Latitude
    35.8858
    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
    $12,253
    $491,145
    $632,944
    $1,124,089
    -
    $491,145
    $632,944
    $1,124,089
    More about this property
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