Listed by Lee & Associates - Raleigh Durham
$610,000
7212 Falls of Neuse Road
Details
Property Type Retail
Sub Type Commercial
Stories 3
Acreage 0.430
Zoning OX-3 Zoning - Office Mixed Use
Parking Spaces 19 spaces
Investment Type Redevelopment
Retail
Marketing description
Stand-alone building located across from Ravenscroft School and next to the NC School Board Association building. This property presents a prime redevelopment opportunity with approved architectural plans to allow for a 4,300 SF single story building or an 8,600 two-story building.
Investment highlights
- 1,750 SF on 0.43 acres
- OX-3 Zoning - Office Mixed Use
- Investment property: No
- Asking price: $610,000
- Ideal North Raleigh location on Falls of Neuse Road
- Approximately 1.5 miles to I-540
- Surrounded by growing commercial and residential developments
Listing Contacts
Listed by Lee & Associates - Raleigh Durham
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
