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Property profile & analytics
FOR LEASE
Office buildings
8010 Arco Corporate Dr, Raleigh, NC 27617
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-1205721
For Lease
1 / 2
$15,515,000
8010 Arco Corporate Dr, Raleigh, NC 27617
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
95,176 SF
Lot
6.38 ac (277,913 SF)
Zoning code
CX-7
APN
0768.02-55-3790 0322297
UPID
US53-1205721
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Paddy Diamond, Fonville Morisey/Triangle Five County Specialists Real Estate Agency
-
Commercial Lending Raleigh NC Loan Service Bank
-
Motorola Solutions Corporate Office
-
Novus Technologies Medical Clinic Hospital
-
Dr. Lawrence K. Conger, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.64M
Comparable Approach
Comparable
$14.95M
Blend (final)
Blend
$15.52M
Owner & transaction history
Brier Creek 1 & 2 LLC · 10 yrs held
Brier Creek 1 & 2 LLC
since 2015
3 recorded transactions
Zoning & alternative use
CX-7 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,440,000
6.5%
$21,635,000
7%
$20,090,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$18,570,000
Current use
Blend value · Realmo final
$15.52M
Range $13.96M – $17.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$201,107
Tax year 2023
Assessed value
$18,450,171
Assessed 2023
Previous assessed
$18,450,171
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,051,485
Assessed improvement
$15,398,686
Land market value
$3,051,485
Improvement market value
$15,398,686
Total market value
$18,450,171
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Total area
95,176 SF
Lot
6.38 ac (277,913 SF)
Zoning code
CX-7
APN
0768.02-55-3790 0322297
UPID
US53-1205721
Jurisdiction
WAKE
Zoning & alternative use
CX-7 · Raleigh, NC
Zoning CX-7 · permitted uses
CX-7 · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.6M
OFFICE BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
6.38 ac
Current owner
From public records · entity-resolved
Brier Creek 1 & 2 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
200 S COLLEGE ST STE #1520, CHARLOTTE, NC 28202-2065
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2015
—
Brier Creek 1 & 2 LLC
Brier Creek Office 1 LLC
Quit Claim Deed
related
—
Oct 8, 2004
—
Brier Creek Office 1 LLC
Service Retail Of Brier Creek
Quit Claim Deed
related
—
—
—
Brier Creek Office 1 LLC
—
Deed Of Trust
related
$23,310,000 · Unum Life Ins Co America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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