701 Mutual CtRaleigh, NC 27615

Property Details for 701 Mutual Ct

Year built

2016

Lot size

1.79 AC

Property size (Sq ft)

4,034 SF

Property type

Other office properties

Property subtype

Office properties

Description

This exceptional 4,034 square foot office space, located at 701 Mutual Court Unit 100 in Raleigh, NC, presents a unique investment opportunity. Situated on a 1.79-acre lot, this property is the entire first floor of an 8,068 square foot building, formerly a Union Bank branch (with a five-year banking restriction). The property enjoys a prime location in a high-growth area of North Raleigh, near major roadways including Hwy 540, Falls of Neuse Road, and Strickland Road, providing excellent visibility and accessibility. Daily traffic counts approximate 13,000 vehicles. A Go Raleigh bus stop is conveniently located directly in front. The surrounding area boasts strong demographics, with 68,972 residents and 31,015 households within a 3-mile radius, and a median home value of $401,515 within a 2-mile radius. The property is only 9 miles from Downtown Raleigh and 12 miles from RDU International Airport. The Wake County Tax Value for the entire building is $3,196,680, and the parcel ID is 1708908294. Zoned Office Mixed Use (OX-4), this property offers unmatched potential for business owners or investors seeking premium office space in a high-demand area, poised to benefit from Raleigh's thriving real estate and business environment.

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.8934

Longitude

-78.6289

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