3950 Blue Ridge Rd 2,420 SF 100% Leased Office Building Raleigh, NC 27612 $1,243,395 CAD ($513.80 CAD/SF) 6.53% Cap Rate

Office Building for Sale | 3950 Blue Ridge Road, Raleigh, NC
A truly unique and fully renovated office property situated on 1.07 acres in a prime Blue Ridge Road location, backing directly to the Raleigh Greenway. Tucked back off the main road yet exceptionally central, this property offers a rare combination of privacy, wooded views, and outstanding accessibility, just minutes from I-440, NC State University, Rex Hospital, and Crabtree Valley Mall.
The building was fully renovated in 2021 and thoughtfully divided into two office suites of approximately 1,200 square feet each. Each suite includes a reception area, four private offices, kitchenette, half bath, and luxury vinyl plank flooring throughout. A connecting interior door allows the building to function as one contiguous space or two separate suites, offering excellent flexibility for owner-users, investors, or multi-tenant occupancy.
The rear of the property opens to an expansive 10’ x 44’ deck overlooking peaceful wooded views and the Raleigh Greenway, creating an exceptional work environment filled with natural light. Most offices enjoy scenic views, making this a special and uncommon offering in the Raleigh office market.
Major capital improvements were completed in 2021, including a new roof and additional HVAC system, minimizing near-term capital expenses. The property provides nine on-site parking spaces.
One suite is currently leased to a long-term tenant (5-year occupant) with rent increasing to $2,400 per month effective April 1. The tenant has expressed a desire to remain; however, the new owner is not obligated to renew, allowing flexibility for owner-occupancy or future repositioning.
Highlights:
-1.07-acre lot backing to the Raleigh Greenway
-Fully renovated in 2021
-Two ±1,200 SF office suites
-Four offices, reception, kitchenette & half bath per suite
-LVP flooring throughout
-Interior connection door for single or dual-suite use
-10’ x 44’ rear deck with wooded & greenway views
-New roof & additional HVAC (2021)
-9 on-site parking spaces
-Abundant natural light
-Prime location with privacy off Blue Ridge Road
-One suite leased with owner-user flexibility
This is a rare opportunity to acquire a character-rich, highly flexible office building in one of Raleigh’s most desirable corridors, offering a setting and versatility that is seldom available.