3401 Carl Sandburg CtRaleigh, NC 27610

  • Healthcare properties
  • 15,814 SF
For Sale
$4,000,000 View listing

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
3401 Carl Sandburg Ct, Raleigh, North Carolina

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,580
$532,658
$2,089,379
$2,622,037
-
$532,658
$2,089,379
$2,622,037

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