821 Wake Frst Rd Raleigh, NC 27604-1219
- Investment properties
- 5,310 SF
- 0.32 lot acres
Jan 08, 2025
Current Use by Public Records
- Drye McGlamery Engineering, PLLC / Engineer
- Loden Properties / Real Estate Developer
- The Northgate Group / Custom Home Builder / Construction Company
Property Details for 821 Wake Frst Rd
- Year built
- 1921
- Construction
- BRICK
- Lot size
- 0.32 lot acres
- Property size
- 5,310 SF
- Zone code
- NX-3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 1704.16-83-6232 0023400
- APU
- 1704168362320023400
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- 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
