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Two-Level Flex Space
For Sale
$3,900,000

4550 Preslyn Drive, Raleigh, NC 27616

Commercial Sale, Raleigh, NC

Property Size11,200 SF
Lot Size1.41 Acres
Price / SF$348.21
Days on Market183

Property Features for 4550 Preslyn Drive

General Information

Property type Commercial Sale
Property subtype Office
Standard status Active
Size 11,200 SF
Lot size 1.41 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LO17 DURANT RD OFF & IND'L PK BM2020-00887
Tax Annual Amount 21311
Legal Description LO17 DURANT RD OFF & IND'L PK BM2020-00887

Building Details

Year built 2021
Building materials Stone
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Jose Cruz Labrada · License #312455
Added: Mar 6 Changed: Aug 19 Last Checked: Sep 5 at 7:06AM
MLS# 10150960

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2021, this two-level flex facility offers 11,200 square feet arranged across an 8,000-square-foot main floor and a 3,200-square-foot lower level. The building includes one rolling door, five bathrooms, and a stone exterior, supporting a range of operational and customer-facing configurations.

The property is zoned IX-3 (Industrial Mixed-Use), with uses identified in the source information including light industrial operations, office, retail, warehousing, logistics, and service-oriented businesses. Parking includes 20 spaces, with additional parking available at the rear. Located in Raleigh, North Carolina, the facility is positioned on Preslyn Drive in Wake County.

Key Highlights

  • 11,200‑square‑foot flex facility built in 2021
  • Two‑level layout with 8,000 square feet on the main floor and 3,200 square feet on the lower level
  • IX‑3 (Industrial Mixed‑Use) zoning

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27616, NC

56,941
Population
24,282
Households
2.3
Avg Household Size
34
Median Age
43%
College-Educated
91%
High-School Grad
22.5 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,534
Median Household Income
$41,601
Median Earnings
$1,514
Median Rent
$314,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Specialty South Food Services Distribution 3200 Gresham Lake Rd # 117, Raleigh, NC 27615

Frequently Asked Questions

What type of property is this?
Flex space - Industrial mixed-use facility with office, service, retail, warehousing, and light industrial use potential.
Where is this flex space located?
The property is located at 4550 Preslyn Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 11,200‑square‑foot flex facility built in 2021; Two‑level layout with 8,000 square feet on the main floor and 3,200 square feet on the lower level; IX‑3 (Industrial Mixed‑Use) zoning
More about this property
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