The Obama Administration has deemed 14,000 federally-owned properties across the country as excess real estate, but just one appears to be located in the Triangle.

The building is a 5,912-square-foot laboratory just south of Tryon Road in Raleigh that is operated by the Agricultural Research Service at N.C. State University.

The administration unveiled its list of properties today. More than 7,000 of the properties are plotted on an online map, including the Raleigh building.

There are a total of 110 properties in North Carolina that are identified as being excess.

Many are located in national parks, national seashores or national wildlife refuges. The building in Raleigh is the largest actual structure on the list.

Obama has proposed that a Civilian Property Realignment Board help the government sell or get rid of its excess property.

The administration estimates the project could save taxpayers $15 billion over the first three years.