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720 S Saunders St 1,820 SF Office Building Raleigh, NC 27603 $1,535,512 CAD ($843.69 CAD/SF)
INVESTMENT HIGHLIGHTS
- Rapid transformation & major expansions underway to the area between core of Downtown Raleigh & I-40.
- Unparalleled access to primary arteries & significant multi-modal connectivity is a demand driver.
EXECUTIVE SUMMARY
Positioned on S Saunders Street, the building benefits from its a strong street presence and direct access to major thoroughfares, including I-40 and Downtown Raleigh. The property lies within close proximity to several key redevelopment zones, positioning it well for long-term appreciation and strong tenant demand. The surrounding area is experiencing a surge of commercial and residential investment activity, enhancing the asset’s potential for both immediate use and future growth. This prime location also offers unparalleled access to some of Raleigh’s most popular destinations, including Red Hat Amphitheater, CAM Raleigh, Transfer Co. Food Hall, and The Dillon mixed-use development. Additionally, it is within walking distance to Dorothea Dix Park, the city’s 300+ acre urban green space currently being transformed into a Central Park-style destination. The combination of location, accessibility, and surrounding amenities makes this property an attractive option for both users and investors seeking a high quality asset in an evolving market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,820 SF
Building Class
C
Year Built
1940
Price
$1,535,512 CAD
Price Per SF
$843.69 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,820 SF
Building FAR
0.26
Lot Size
0.16 AC
Zoning
NX-3-UL - Neighborhood Mixed Use - Urban Limited
Parking
4 Spaces (2.2 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 1703.10-45-3904-000 | Improvements Assessment | $12,578 CAD |
| Land Assessment | $648,674 CAD | Total Assessment | $661,252 CAD |
PROPERTY TAXES
Parcel Number
1703.10-45-3904-000
Land Assessment
$648,674 CAD
Improvements Assessment
$12,578 CAD
Total Assessment
$661,252 CAD
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720 S Saunders St
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