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Property summary
The property consists of approximately 185,637 square feet of second-generation medical space configured to support healthcare use, including medical treatment suites and surgical practices. It is positioned in a central area with proximity to major hospitals, including WakeMed North Hospital (about 4.5 miles away), Duke Raleigh Hospital (about 6.8 miles to the northwest), and UNC REX Healthcare Hospital (about 7.4 miles away). On-site amenities include a cafe, an indoor pool and basketball courts within a fitness facility, a lakeside patio, and about 0.75 miles of walking trails, along with outdoor areas for staff and visitors. Parking availability includes an attached covered parking garage and surface parking with a stated ratio of 4+ spaces per 1,000 SF. The property is under institutional ownership and management and includes on-site management, with space planning support and allowance-based tenant improvements available as part of the building’s operations.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic
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Dental Office
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Hair Salon
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OX-3 in Raleigh, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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