208 Millbrook RdRaleigh, NC 27609

Property Details for 208 Millbrook Rd

Year built

1983

Construction

FRAME

Property size (Sq ft)

2,950 SF

Zone code

OX-3

Property type

Office buildings

APN

1706.11-56-9856 0131574

APU

1706115698560131574

Description

This Class A office building in Raleigh's desirable North Hills area offers a variety of executive suites and coworking options. The property, located at 208 W Millbrook Rd, 27609, boasts a total of 2,600 square feet and comprises three individual suites. Currently, 600 square feet of space is available for lease, divisible into units ranging from a minimum of 120 square feet to a maximum contiguous space of 257 square feet. The building is ideal for businesses seeking flexible and upscale office solutions. Three executive suites are immediately available, with sizes starting at 120 square feet and ranging up to 257 square feet. The location provides easy access to the vibrant North Hills area, offering convenient amenities and a prime business address. While virtual office options are available upon request, applications from beauty service providers are not currently being accepted. This property presents a unique opportunity for businesses seeking a prestigious and convenient location in Raleigh, North Carolina.

• CAP approach

  CAP return

  Valuation

  6%

  $715,062

  6.5%

  $660,058

  7%

  $612,911

• Comparable approach

  Method

  Valuation

  Relative Method

  $780,928

  Geo Method

  $677,143

• Alternative Use

  Use

  Valuation

  Residential

  $818,471

  Hospitality

  $749,715

  Educational

  $623,754

  Medical

  $645,206

  Retail

  $970,285

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.8566

Longitude

-78.6424

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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