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Investment Highlights

  • Situated in Raleigh's growing market, zoned IX-3 for versatile business uses, including industrial, office, and retail.
  • Newly constructed in 2021, offering modern amenities and long-term value for investors or occupants.
  • Two-level, 11,200-square-foot facility with a rolling door, 5 bathrooms, and ample parking, ideal for industrial or logistical operations.

Executive Summary

Prime Flex Building, located at 4550 Preslyn Dr, Raleigh, NC 27616. Built in 2021, this 11,200-square-foot facility sits on a 1.24-acre site and is zoned IX-3 (Industrial Mixed-Use), allowing for a diverse range of uses, including light industrial operations, medical office spaces, retail, and service-oriented businesses. Not your regular industrial property.
-The building features a two-level design, with 8,000 square feet on the main floor and an additional 3,200 square feet on the lower level, with one rolling door, providing exceptional functionality for industrial, warehousing, or logistical needs.
-The property includes 5 bathrooms, with one in the main office and four for employees and customers, ensuring convenience and accessibility
for all occupants. It has 20 parking spaces with more available in the back as well.

Property Facts

Price $5,417,880 CAD
Price Per SF $483.74 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • Flex Showroom
  • Office Medical
Building Class A
Lot Size 1.41 AC
Rentable Building Area 11,200 SF
No. Stories 2
Year Built 2021
Zoning IX-3 - https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance/165/

Amenities

  • Reception
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,200 SF
  • Flex
  • -
  • Now

This exceptional lower-level conditioned industrial/warehouse space offers approximately 3,200 square feet of move-in ready square footage. Zoned IX-3 (Industrial Mixed-Use) and is in a well-located Raleigh corridor. Featuring clean, well-maintained finishes throughout, this space is ideal for a variety of industrial, flex, logistics or light warehouse uses. The suite boasts an open floor plan with generous ceiling clearance, with one rolling door offering maximum flexibility for storage, distribution, light manufacturing, or service based operations. The space is in immaculate condition, meticulously maintained and ready for immediate occupancy

Space Size Space Use Build-Out Available
1st Floor 3,200 SF Flex - Now

1st Floor

Size
3,200 SF
Space Use
Flex
Build-Out
-
Available
Now

1st Floor

Size 3,200 SF
Space Use Flex
Build-Out -
Available Now

This exceptional lower-level conditioned industrial/warehouse space offers approximately 3,200 square feet of move-in ready square footage. Zoned IX-3 (Industrial Mixed-Use) and is in a well-located Raleigh corridor. Featuring clean, well-maintained finishes throughout, this space is ideal for a variety of industrial, flex, logistics or light warehouse uses. The suite boasts an open floor plan with generous ceiling clearance, with one rolling door offering maximum flexibility for storage, distribution, light manufacturing, or service based operations. The space is in immaculate condition, meticulously maintained and ready for immediate occupancy

Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1728.20-80-0221-000
Land Assessment
$489,818 CAD
Improvements Assessment
$2,802,925 CAD
Total Assessment
$3,292,743 CAD
  • Listing ID: 34082854

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 4550 Preslyn Dr, Raleigh, NC 27616

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