4901 Glenwood AveRaleigh, NC 27612

  • Office properties
  • 43,800 SF
For Lease
$27.25/SF/YR View listing

Property Details for 4901 Glenwood Ave

Year built
1972
Construction
METAL FRAME
Lot size
3.03 AC
Property size (Sq ft)
43,800 SF
Zone code
OX-7
Property type
Office properties
Property subtype
Office buildings
APN
0796.18-32-5171 0082207
APU
796183251710082207

Description

This exceptional Raleigh office property at 4901 Glenwood Avenue offers a prime location in Wake County, NC, with easy access to major thoroughfares. The building comprises 39,901 square feet across three stories, providing a total of 139 parking spaces (a generous 3.85 spaces per 1,000 square feet). Currently, there is 6,313 square feet of vacant space available, divisible into units ranging from a minimum of 1,939 square feet to a maximum contiguous space of 4,374 square feet. The building is classified as both Executive and Creative Office space, catering to a variety of business needs. Multiple tenancy options are available, making it suitable for both large and small businesses. The building features convenient elevators for easy access to all three floors. The property's address is 4901 Glenwood Ave, Raleigh, NC 27612. This location offers a blend of professional ambiance and convenient access, making it an ideal choice for businesses seeking a thriving and well-connected environment. The building's modern design and ample parking ensure a comfortable and productive workspace for employees and clients alike. Inquire today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,616,857
    6.5%
    $9,800,176
    7%
    $9,100,163
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,594,802
    Geo Method
    $10,053,852
  • Alternative Use

    Use
    Valuation
    Residential
    $12,152,218
    Hospitality
    $11,131,366
    Educational
    $9,261,166
    Medical
    $9,579,672
    Retail
    $14,406,259
4901 Glenwood Ave, Raleigh, North Carolina

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8436
Longitude
-78.6843
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
$84,975
$3,160,789
$4,635,125
$7,795,914
-
$3,160,789
$4,635,125
$7,795,914

FAQs

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