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4515 Falls of Neuse Road, Raleigh, NC 27609
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- Property Type Office - General Office
- Property Size 56,494 Sqft
- Lot Size 2 Acre
- Parking Spaces Avail. 225
- Parking Ratio 4.00/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1998
- City Raleigh, NC
- Neighborhood Hickory Hills
- Zip Code 27609
- Market Raleigh Durham
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Raleigh
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Raleigh Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $28.63
- 2020 Office Vacancy Rate 9.63 %
- 2020 Office Completions (Sqft) 944,005
Raleigh Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per Sqft $308.70
- Y-o-Y Avg. PpSF Change 9.21%
- 2020 Office Sales Volume $430.9M
- 2020 Number of Transactions 9
- Property Tax in 2020 $74,035
- Market Value $7,750,784
- Assessed Value $7,750,784
Find more tax info, including assessment history and abatements, on CommercialEdge
Frequently Asked Questions
What is the total square footage of Somerset Place?
Somerset Place totals 56,494 square feet.
When was this property built?
Somerset Place was built in 1998.
When was Somerset Place last sold?
Somerset Place was last sold on 07 Jan, 2020.
What is the property tax for Somerset Place?
The property tax for Somerset Place in 2020 was $74,035.
What is the market value for Somerset Place?
The market value for Somerset Place in 2020 was $7,750,784.
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