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701 S New Hope Rd 10,662 SF Flex Building Raleigh, NC 27610 For Sale
Investment Highlights
- 16'ft Clear
- 3 Phase Power
- Luxury Showroom
- (3) 12'ft Drive-ins
- 25k VPD
- Opportunity Zone 2.0 Nominated
Executive Summary
Built in 2012, 701 S New Hope Road delivers 10,662 SF of exceptionally clean, low-maintenance flex space purpose-built by its original owner-operator — a
rare find in a corridor dominated by 1980s and 1990s product. The building pairs a luxury-finish showroom and quality office space with a functional warehouse featuring 16' clear ceilings, 3 drive-in's, and 3-phase power, so a buyer inherits a turnkey front-of-house and a fully capable back-of-house on day one. At just 10,662 SF on 1.31 acres, this leaves meaningful space for a potential fenced laydown area — permitted up to an 8' fence with a 3' setback under the site's IX-3 zoning. For a contractor, distributor, or business-services operator running crews and inventory across the Triangle, this is a building you can move into, present clients in, and store material behind — without spending a dollar on buildout.
rare find in a corridor dominated by 1980s and 1990s product. The building pairs a luxury-finish showroom and quality office space with a functional warehouse featuring 16' clear ceilings, 3 drive-in's, and 3-phase power, so a buyer inherits a turnkey front-of-house and a fully capable back-of-house on day one. At just 10,662 SF on 1.31 acres, this leaves meaningful space for a potential fenced laydown area — permitted up to an 8' fence with a 3' setback under the site's IX-3 zoning. For a contractor, distributor, or business-services operator running crews and inventory across the Triangle, this is a building you can move into, present clients in, and store material behind — without spending a dollar on buildout.
Property Facts
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 2012 |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 1.31 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 10,662 SF | ||
| Zoning | IX-3 | ||
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 1.31 AC |
| Rentable Building Area | 10,662 SF |
| No. Stories | 2 |
| Year Built | 2012 |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | IX-3 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1733.13-14-3341-000 | Improvements Assessment | $2,857,833 CAD |
| Land Assessment | $458,555 CAD | Total Assessment | $3,316,388 CAD |
Property Taxes
Parcel Number
1733.13-14-3341-000
Land Assessment
$458,555 CAD
Improvements Assessment
$2,857,833 CAD
Total Assessment
$3,316,388 CAD
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701 S New Hope Rd
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