4905 Professional CtRaleigh, NC 27609

  • Office buildings
  • 7,206 SF
For Lease
$32/SF/YR View listing

Property Details for 4905 Professional Ct

Year built
1978
Construction
BRICK
Lot size
0.71 AC
Property size (Sq ft)
7,206 SF
Zone code
OX-3
Property type
Office buildings
APN
1716.15-54-7853 0088231
APU
1716155478530088231

Description

This exceptional 3,771 square foot medical office space is available for lease in Raleigh, North Carolina. Located at 4905 Professional Court, in Wake County, zip code 27609, this single-tenant property offers a fantastic opportunity for medical professionals seeking a well-situated and spacious practice location. The building boasts ample parking, with a ratio of 4 spaces per 1000 square feet, ensuring convenient access for patients and staff. The entire 3,771 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property's classification as a medical office ensures it meets the specific requirements and regulations often associated with healthcare practices. Its location in Raleigh offers excellent visibility and accessibility, placing it within easy reach of a substantial patient base. This is a rare opportunity to secure a substantial, move-in ready medical office space in a highly desirable area of Raleigh. The property is ready for immediate occupancy. Interested parties are encouraged to inquire promptly.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,746,691
    6.5%
    $1,612,330
    7%
    $1,497,164
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,907,583
    Geo Method
    $1,654,065
  • Alternative Use

    Use
    Valuation
    Residential Income
    $1,999,290
    Hospitality / Lodging
    $1,831,338
    Institutional / Educational
    $1,523,652
    Healthcare / Senior Housing
    $1,576,053
    Retail / Commercial
    $2,370,126

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.8508
Longitude
-78.6094
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
$9,225
$217,115
$629,217
$846,332
-
$217,115
$629,217
$846,332

FAQs

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