Property profile

7424 Chapel Hill Rd Raleigh, NC 27607

FOR LEASE
Office buildings
Property ID
US53-1535640
10,483 SF 1.27 ac lot Built 1970
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction BRICK
Total area 10,483 SF
Lot 1.27 ac (55,321 SF)
Zoning code OI
APN 0774.14-44-2300 0083683
UPID US53-1535640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Security Service
  • Telecommunications Service
  • Consultant
  • Association / Organization

Location

7424 Chapel Hill Rd Raleigh, NC 27607
Raleigh metro Census 53521 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.14M

Owner & transaction history

since 2006
4 recorded transactions
2019
Price N/A
2019
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

OI · Raleigh, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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