3401 Carl Sandburg CtRaleigh, NC 27610

Property Details for 3401 Carl Sandburg Ct

Year built

2002

Construction

BRICK

Lot size

2.85 AC

Property size (Sq ft)

15,814 SF

Zone code

OX-3

Property type

Medical offices

Property subtype

Medical centers

APN

1723.06-49-5494 0292234

APU

1723064954940292234

Description

This exceptional 15,814 square foot office building presents a unique investment opportunity in the thriving Raleigh, NC market. Situated on a generous 3-acre lot, the property boasts a highly desirable location, offering convenient proximity to Wake Medical Center and the Wake County Health Department. Its strategic placement within this established medical corridor ensures high visibility and accessibility for both patients and staff. The spacious interior is well-suited for a variety of uses, making it an ideal choice for medical practices, corporate offices, or a combination thereof. The ample land provides potential for future expansion or development, adding significant value to this already impressive asset. The building's size and location make it an attractive option for businesses seeking a prominent presence in a rapidly growing area. This property offers a compelling blend of functionality, convenience, and growth potential, representing a strong investment in a prime Raleigh location. The asking price of $4,000,000 reflects the exceptional value and strategic positioning of this significant commercial property. Serious inquiries are encouraged to explore this opportunity further. The property address is 3401 Carl Sandburg Court, Raleigh, NC.

• CAP approach

  CAP return

  Valuation

  6%

  $3,833,219

  6.5%

  $3,538,356

  7%

  $3,285,616

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,186,306

  Geo Method

  $3,629,946

• Alternative Use

  Use

  Valuation

  Residential

  $4,387,561

  Hospitality

  $4,018,982

  Educational

  $3,343,746

  Medical

  $3,458,743

  Retail

  $5,201,383

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.781

Longitude

-78.58

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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