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Raleigh Industrial/Warehouse Space Available
For Lease
$16 SF/Yr

4550 Preslyn Drive, Raleigh, NC 27616

COMMERCIAL - Raleigh, NC

Space SizeContact for details
Property Size11,200 SF
Lot Size1.41 Acres
Days on Market97

Property Features for 4550 Preslyn Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning IX-3
Standard status Active
APN 172820800221000 0145033
Size 11,200 SF
Lot size 1.41 Acres

Taxes and HOA fees

Tax Description Lo17 Durant Rd Off & Ind'l Pk Bm2020-00887
Legal Description Lo17 Durant Rd Off & Ind'l Pk Bm2020-00887

Building Details

Year built 2020
Floors in Building 2
Building materials Stone
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Heather Miller
Added: Apr 30 Changed: May 19 Last Checked: Aug 4 at 6:06AM
MLS# 10163787

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.

This lower-level conditioned industrial/warehouse space offers approximately 3,200 square feet of move-in ready square footage. The property is zoned IX-3 (Industrial Mixed-Use) and is located in a well-located Raleigh corridor. The suite features clean, well-maintained finishes throughout, making it suitable for a variety of industrial, flex, logistics, or light warehouse uses. The open floor plan includes generous ceiling clearance and one rolling door, providing flexibility for storage, distribution, light manufacturing, or service-based operations. The space is in immaculate condition and ready for immediate occupancy. The property is situated on a 1.41-acre lot. The property size is 11,200 square feet.

Key Highlights

  • 3,200 sq ft of move‑in ready industrial/warehouse space.
  • Zoned IX‑3 (Industrial Mixed‑Use) offering flexible usage options.
  • Well‑located in a Raleigh corridor.

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
Balanced
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

Lease Benchmarks for Raleigh, NC

$24.53 /SF/Yr
Avg Asking Price
$9.95–$65.47 /SF/Yr
Price Range
9,975 SF
Avg Space Size

This space is priced 35% below the average of $24.53 /SF/Yr.

Properties on Market for Flex space in Raleigh

Feb
Mar
Apr
May
Jun
Jul

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.

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Frequently Asked Questions

What type of property is this?
Flex space - Move-in ready industrial/warehouse space in a well-located Raleigh corridor.
Where is this flex space located?
The property is located at 4550 Preslyn Drive Raleigh, NC.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 3,200 sq ft of move‑in ready industrial/warehouse space.; Zoned IX‑3 (Industrial Mixed‑Use) offering flexible usage options.; Well‑located in a Raleigh corridor.
More about this property
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