701 Mutual Ct - Office CONDO FOR SALE


Raleigh, NC 27615- North Raleigh
$1,900,000 USD
919-612-9885
701 Mutual Ct, Raleigh, NC for Sale
$1,900,000 USD
Office CONDO - FOR SALE
1/87
null | Request Cap Rate

NEW


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 Offering: Suite 200 at 701 Mutual Court, Raleigh, NC. Explore an outstanding ownership opportunity in the heart of North Raleigh, positioned in one of the region’s most active and resilient submarkets. Property Highlights: Suite 200: Full second floor of an 8,068 sq. ft. building. This 4,034 sq. ft. suite was previously occupied by Union Bank (bank use prohibited for 5 years) and is currently vacant and ready for customization. Building Features: Professional two-story structure with large lobbies and elevator access. Location: Excellent North Raleigh address just off Falls of Neuse Road and Strickland Road, near Highway 540. High-visibility corridor with strong traffic patterns and convenient access to major destinations. Demographics: • 68,972 residents within a 3-mile radius • 31,015 households within a 3-mile radius • Median home value: $401,515 (2-mile radius) Accessibility: • Approx. 13,000 vehicles per day • 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: Situated in a high-growth, high-demand area within the booming Research Triangle. Strong Potential: Ideal for an owner-user or investor seeking a flexible, well-located office asset. Growth Market: North Raleigh continues to outperform, with steady population growth, rising incomes, and commercial expansion. This is a rare opportunity to acquire a premier office property in one of North Carolina’s most desirable cities. Schedule a showing today!

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$471 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

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

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