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Property profile & analytics
OFF-MARKET
Investment properties

804 Edenton St Raleigh, NC 27601-1165

1,344 SF 0.15 ac lot Built 1930
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US53-5773490
Property summary
AI-generated overview

This exceptional executive office suite, located at 804 E Edenton St in Raleigh, NC, offers 1,676 square feet of versatile workspace in a charming 1930s building. The single-tenant space is perfectly suited for small professional teams or executive offices, boasting five private offices, a dedicated conference room, a kitchen, and two restrooms – one equipped with a shower. The property is zoned OX-3 and situated in Wake County, offering unparalleled convenience and accessibility. Six on-site parking spaces are included, eliminating the hassle of finding parking in the bustling downtown area. The building's prime location places it within easy walking distance of a vibrant array of dining, retail, and entertainment options, enhancing the overall appeal for both employees and clients. This unique blend of historical character and modern functionality provides a sophisticated and productive work environment in the heart of Raleigh's dynamic downtown. The total building square footage is 1,676 square feet, and the entire space is currently vacant. This presents a rare opportunity to establish a prominent business presence in a highly desirable location. The property's convenient location and ample parking make it an attractive option for businesses seeking a blend of historical charm and modern amenities. The building's layout is adaptable to various business needs, making it a versatile and appealing option for a range of professional enterprises. The zip code is 27601.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Construction BRICK
Total area 1,344 SF
Lot 0.15 ac (6,534 SF)
Zoning code OX-3
APN 1713.05-09-7214 0011208
UPID US53-5773490
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
  • MDCD Broadcasters Association Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Upscale Dev LLC · 7 yrs held
Upscale Dev LLC
since 2019
7 recorded transactions
2019
Price N/A
2018
$380,000
2017
Price N/A
2017
$285,000
2004
$185,000
2002
$130,000
2002
$123,500
Zoning & alternative use
OX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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