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Conditioned Flex Space with Roll-Up Door
For Lease
$16 SF/Yr

4550 Preslyn Drive, Raleigh, NC 27616

COMMERCIAL - Raleigh, NC

Space Size3,200 SF
Lot Size1.41 Acres
Days on Market108

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: Aug 4 Last Checked: Aug 15 at 10:06AM
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.

Located at 4550 Preslyn Drive in Raleigh, this lower-level flex suite provides approximately 3,200 square feet of conditioned space within an 11,200-square-foot property. The interior features an open arrangement, generous ceiling clearance, clean finishes, and a rolling door supporting storage, distribution, light manufacturing, logistics, or service-oriented operations. Built in 2020 with stone construction, the property is maintained in move-in-ready condition.

The site encompasses 1.41 acres in Wake County and carries IX-3 zoning, identified as Industrial Mixed-Use. Its Raleigh setting and flexible configuration support a range of commercial occupancy requirements without committing the space to a single operating format.

Key Highlights

  • Approximately 3,200 square feet of conditioned lower‑level flex space
  • IX‑3 zoning for Industrial Mixed‑Use
  • Open interior layout with generous ceiling clearance

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

$23.12 /SF/Yr
Avg Asking Price
$11.5–$65.47 /SF/Yr
Price Range
10,330 SF
Avg Space Size

This space is priced 31% below the average of $23.12 /SF/Yr.

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 - Lower-level suite with an open layout and IX-3 industrial mixed-use zoning.
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: Approximately 3,200 square feet of conditioned lower‑level flex space; IX‑3 zoning for Industrial Mixed‑Use; Open interior layout with generous ceiling clearance
More about this property
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