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

4550 Preslyn Drive, Raleigh, NC 27616

IX-3 zoning supports a range of industrial, office, retail, and service-oriented uses.

Property Size11,200 SF
Lot Size1.24 Acres
Price / SF$348.21
Days on Market238

Property Features for 4550 Preslyn Drive

General Information

Standard status Active
Size 11,200 SF
Total Parking Spaces 20
Lot size 1.24 Acres
Property subtype Commercial
Zoning IX-3

Additional Details

Property Use Flex

Taxes and HOA fees

Annual Taxes $21,310

Building Details

Building Size 11,200 SF
Year Built 2021
Buildings 1
Stories 2
Listing Agency: Century 21 Triangle Group
Listed By: Jose Cruz Labrada · License #312455
Source: Egglestonrealestate
Added: Mar 6 Changed: Oct 30 Last Checked: Oct 29 at 8:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Triangle Group

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Investment Insights

Based on property information with market context.

Built in 2021, this two-level flex property contains 11,200 square feet, with 8,000 square feet on the main floor and 3,200 square feet on the lower level. A rolling door serves the building, and five bathrooms are distributed between the main office and employee and customer areas.

The property occupies a 1.24-acre site at 4550 Preslyn Drive in Raleigh. IX-3 zoning is identified as Industrial Mixed-Use and allows light industrial, office, retail, and service-oriented uses. The site has 20 parking spaces, with additional parking available at the rear.

Key Highlights

  • 11,200‑square‑foot building on a 1.24‑acre site
  • Built in 2021; two levels with 8,000 square feet on the main floor and 3,200 square feet below
  • IX‑3 (Industrial Mixed‑Use) zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Chef Kevin's Personal Chef & Catering — 7909 Wynewood Dr, Raleigh, NC 27616
  • wicked links — 3200 Gresham Lake Rd, Raleigh, NC 27615
  • Specialty South Food Services Distribution — 3200 Gresham Lake Rd # 117, Raleigh, NC 27615

Frequently Asked Questions

What type of property is this?
Flex space - IX-3 zoning supports a range of industrial, office, retail, and service-oriented uses.
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 building on a 1.24‑acre site; Built in 2021; two levels with 8,000 square feet on the main floor and 3,200 square feet below; IX‑3 (Industrial Mixed‑Use) zoning
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