821 Wake Forest Rd
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821 Wake Forest Rd
5,310 SF Office Building Raleigh, NC 27604 £1,799,635 (£339/SF)
Investment Highlights
- Located in the Mordecai neighborhood of Downtown Raleigh
- Frontage on Wake Forest Road and Mordecai Drive
- Walkable to retail/restaurants on North Person Street
Executive Summary
Lee & Associates Raleigh-Durham is pleased to present 821 Wake Forest Road, a 5,310 SF two-story office building for sale in the Mordecai neighborhood of Downtown Raleigh.
The building is situated in a trophy location on Wake Forest Road at Mordecai Drive near the Historic Mordecai House. The property is convenient to both Downtown Raleigh and Capital Boulevard/US 1 Hwy.
Built in the Colonial Revival style, 821 Wake Forest Road was converted for office. The area has strong demographics and walkable restaurants/retail along North Person Street, making the location attractive for office users.
The building is situated in a trophy location on Wake Forest Road at Mordecai Drive near the Historic Mordecai House. The property is convenient to both Downtown Raleigh and Capital Boulevard/US 1 Hwy.
Built in the Colonial Revival style, 821 Wake Forest Road was converted for office. The area has strong demographics and walkable restaurants/retail along North Person Street, making the location attractive for office users.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,310 SF
Building Class
C
Year Built/Renovated
1921/1970
Price
£1,799,635
Price Per SF
£339
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,655 SF
Building FAR
0.38
Lot Size
0.32 AC
Zoning
NX-3 - Neighborhood mixed use
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Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 1704.16-83-6232-000 | Improvements Assessment | £528,766 |
| Land Assessment | £353,373 | Total Assessment | £882,139 |
PROPERTY TAXES
Parcel Number
1704.16-83-6232-000
Land Assessment
£353,373
Improvements Assessment
£528,766
Total Assessment
£882,139
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821 Wake Forest Rd
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