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Financial
Distress signals
Property profile

8851 Ellstree Ln Raleigh, NC 27617

OFF-MARKET
Medical Office Space
Property ID
US53-1049252
25,012 SF 4.54 ac lot Built 2006
Last sale Jun 2021 · $410,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story medical office building is located at the intersection of I-540 and Lumley Road in the Brier Creek Area, with access to major roadways and RDU International Airport. The property includes a patient drop-off area at the entrance and common area restrooms, and provides building signage. Suite 200 comprises 9,990 rentable square feet and is configured for ophthalmology use as a second-generation medical space, supporting a medical office environment. The building also offers on-site banking services, with additional dining amenities in the nearby area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$56k
Tax billed · 2024
Assessed value$6.45M
Assessed land$1.82M
Assessed improvement$4.63M
Effective rate0.87%

Value estimate

· Oct 2026
$5.30M
$4.77M – $5.82M
CAP approach$5.96M
Submarket $/SF estimate$4.67M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$315/SF
Submarket average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$222 – $400

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CX-3
The CX-3 is intended to provide for a variety of residential, retail, service andcommercial uses
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Wholesale Shop14.7
Law Firm14.1

Location

8851 Ellstree Ln Raleigh, NC 27617-2045
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 17 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7780 Brier Crk Pkwy, Raleigh, NC 27617-7857 $665,000 Nov 2021 2,199 SF
9650 Brier Crk, Raleigh, NC 27617-6501 $2,600,000 Mar 2021 13,476 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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