804 Edenton St Raleigh, NC 27601-1165
- Investment properties
- 1,344 SF
- 0.15 lot acres
Current Use by Public Records
- MDCD Broadcasters Association / Television Station
Property Details for 804 Edenton St
- Year built
- 1930
- Construction
- BRICK
- Lot size
- 0.15 lot acres
- Property size
- 1,344 SF
- Zone code
- OX-3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 1713.05-09-7214 0011208
- APU
- 1713050972140011208
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $425,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $385,000
- Mixed-Use
- $470,000
- Hospitality
- $375,000
- Educational
- $470,000
- Residential Income
- $425,000
- Energy
- $380,000
- Income-Based Land
- $420,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6267
- Latitude
- 35.7806
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
