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4904 Waters Edge Dr Raleigh, NC 27606

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For Sale
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Stabilized investment opportunity near NC State University.

Property size:
15,337 SF

Property Features for 4904 Waters Edge Dr

General Information

Size
15,337 SF

Source: Moss Withers Agent Moss Withers

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Leased Raleigh Office Building

The property at 4904 Waters Edge Drive is a fully leased, two-story office building containing 15,337 rentable square feet. Situated on 1.44 acres, the property is located in the southwest Raleigh submarket, approximately five minutes from NC State University. The property is located within a designated Opportunity Zone. The building is occupied by 19 tenants under full service leases. The location provides convenient access to I-40, I-440, and U.S. Highway 70, connecting to RTP, Cary, and RDU. The property has 38 on-site parking spaces, plus street parking. The property is located in a professional office park at the Jones Franklin Road intersection with I-440 and has ample amenities nearby. The property's net operating income is $182,786, with operating expenses of $7.65 per square foot. Proximity to NC State University and Centennial Campus, WakeMed, Crossroads Plaza, and Fenton.
Insight Report Location Intelligence

Current Use by Public Records

Renee Pugh Social Worker North Carolina Horse ... Labor Union Chet Adams Co Factory Equipment Supplier Foundations Family Therapy Mental Health Clinic The Dawson Center, PLLC Child Psychologist

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.7206682
Latitude
35.7744274

FAQs

What type of property is this?
Office building - Stabilized investment opportunity near NC State University.
Where is this office building located?
The property is located at 4904 Waters Edge Dr Raleigh, NC.
What are key features of this property?
This property features: - Fully leased 15,337 RSF office building providing stable cash flow with a NOI of $182,786.; - Prime location in Southwest Raleigh, only 5 minutes from NC State University, with excellent access to I-40 and I-440.; - Located within a designated Opportunity Zone, offering potential tax benefits and long-term appreciation.
More about this property
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