701 Mutual Ct - Office CONDO FOR SALE


Raleigh, NC 27615- North Raleigh
$1,650,000 USD
919-612-9885
701 Mutual Ct, Raleigh, NC for Sale
$1,650,000 USD
Office CONDO - FOR SALE
1/83
null | Request Cap Rate

701 Mutual Ct
Raleigh, NC 27615
North Raleigh


HIGHLIGHTS

  • Prime North Raleigh Location
  • Minutes From Downtown Raleigh, Cary, and RTP
  • A Full Private Floor in One of Raleigh’s Best Locations
  • Close to Major Highways, Amenities, and Growth Corridors
  • Second-Floor Suite With Spacious Lobbies + Elevator

OVERVIEW

Prime Commercial Opportunity – Suite 200 at 701 Mutual Court, Raleigh, NC Discover a compelling ownership opportunity in the heart of North Raleigh, located within one of the region’s most active and stable office submarkets. Property Highlights Suite 200: The entire second floor of this 8,068 sq. ft. professional office building is available, totaling 4,034 sq. ft. The suite was previously occupied by Union Bank (bank use prohibited for 5 years) and is currently vacant, providing a blank canvas ready for customization to meet your business needs. Building Features: Professional two-story office building featuring spacious lobbies and elevator access, creating a welcoming and accessible environment for clients and employees. Location Prime North Raleigh location just off Falls of Neuse Road and Strickland Road, with quick access to Highway 540. The property sits along a high-visibility corridor with strong traffic patterns and convenient access to major destinations throughout the Triangle. Demographics • 68,972 residents within a 3-mile radius • 31,015 households within a 3-mile radius • Median home value: $401,515 within a 2-mile radius Accessibility • Approximately 13,000 vehicles per day in the immediate area • 9 miles to Downtown Raleigh • 12 miles to RDU International Airport • GoRaleigh bus stop** located directly in the cul-de-sac Investment Details Wake County Tax Value (Entire Building): $3,196,680 Parcel ID: 1708908294 Zoning: Office Mixed Use (OX-4) Why 701 Mutual Court? Strategic Location: Positioned in a high-growth corridor within the thriving Research Triangle. Flexible Opportunity: Ideal for an owner-user or investor seeking a well-located office asset with potential for customization. Growth Market: North Raleigh continues to outperform, supported by population growth, rising incomes, and ongoing commercial expansion. This is a rare opportunity to acquire a premier office property in one of North Carolina’s most desirable and economically vibrant markets. Schedule your showing today.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

8,068 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

OX-4

APN/PARCEL ID

1708.20-90-8294-000

ASK ABOUT THIS PROPERTY

Steve GilloolyGillooly & Associates Realty, LLCMore Info
919-612-9885

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steve GilloolyGillooly & Associates Realty, LLCMore Info
919-612-9885

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.