815 New Bern Ave Raleigh, NC 27601-1601
This exceptional 1,527 square foot executive office suite is ideally located in downtown Raleigh, Wake County. The space is currently vacant and available for lease as a single-tenant occupancy. Recently renovated, the suite boasts modern finishes that beautifully complement the building's original character. A key feature is the convenient separate entrance to the second-floor space, offering privacy and accessibility. The asking rate is $22 per square foot, NNN. Ample parking is available for tenants and their guests, a significant advantage in a bustling urban setting. The property is classified as an office building, specifically an executive office suite, making it perfect for businesses seeking a prestigious and functional workspace. The building's size is precisely 1,527 square feet, providing a comfortable and efficient layout for a variety of professional uses. The entire space is available, presenting a unique opportunity for a business to establish a strong presence in a vibrant and desirable location. The modern renovations ensure a contemporary and appealing work environment, while the building's inherent character adds a touch of sophistication. This combination of modern amenities and classic charm makes this property a truly exceptional opportunity. The ample parking further enhances the convenience and appeal of this outstanding executive office suite.
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Page Law, P.A. Law Firm
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Dream Clean of NC Cleaning Service Hardware & Home Improvement
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Dorrestein Ronald Law Firm
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OX-3 · Raleigh, NCThe OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.