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    821 Wake Frst Rd Raleigh, NC 27604-1219
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    Property profile & analytics

    821 Wake Frst Rd, Raleigh, NC 27604-1219

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    • Investment properties
    • 5,310 SF
    • 0.32 lot acres
    Off-Market
    Last Sale Jan 8, 2025
    $2,487,500
    Property ID
    US53-0690454
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drye McGlamery Engineering, PLLC / Engineer
    • Loden Properties / Construction Company / General Contractor
    • The Northgate Group / Construction Company / General Contractor

    Property Details for 821 Wake Frst Rd

    Year built
    1921
    Construction
    BRICK
    Lot size
    0.32 lot acres
    Zone code
    NX-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    1704.16-83-6232 0023400
    APU
    1704168362320023400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 8, 2025 $2,487,500 Not A Creek LLC Grimwood LLC Special Warranty Deed —
    Apr 8, 2025 — Not A Creek LLC Grimwood LLC Warranty Deed —
    Jan 10, 2019 $5,000,000 Dawson Lane LLC Yogi Of Raleigh INC Grant Deed —
    Jan 10, 2019 — Dawson Lane LLC Regency Investment LLC Grant Deed · related —
    Nov 26, 2018 — Midtown East Hotel LLC Midtown East Regency-itb LLC Correction Deed · related —
    Apr 25, 2018 $860,000 Grimwood LLC Ronald H Calliari Warranty Deed $1.3M · North St Bk
    Jan 20, 2000 $650,000 Clyde Harris Realty INC Calliari,ronald Grant Deed —
    — — Calliari,ronald H & Pamela S — Deed Of Trust · related $150k · First Citizens Bk
    — — Ronald H Calliari — Deed Of Trust · related $314k · Wells Fargo Home Mortgage INC

    Description

    This exceptional two-story office building, totaling 5,310 square feet, is situated on a 0.32-acre lot in Raleigh's desirable Mordecai neighborhood. Built in 1921 and renovated in 2018, the property boasts a charming Colonial Revival style, seamlessly blending historic character with modern functionality. The building features a finished and conditioned attic, offering additional potential space. Conveniently located on Wake Forest Road near Mordecai Drive, it provides easy access to downtown Raleigh and Capital Boulevard/US 1 Hwy. The NX-3-CU zoning allows for a variety of uses. Ample on-site and street parking is available. The property's prime location offers walkability to nearby restaurants and retail establishments on North Person Street, enhancing its appeal to both employees and clients. The asking price is $2,300,000, with a price per square foot of $433.15. The property includes Wake County PINs 1704836232. An additional 0.24 acres is available for purchase separately.


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    Location Insight

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    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6337
    Latitude
    35.7916
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,320
    $338,718
    $424,620
    $763,338
    -
    $338,718
    $424,620
    $763,338
    More about this property
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