Multi-Tenant Office
New
For Sale
$4,700,000
4917 Waters Edge Drive, Raleigh, NC 27606
OX-3 zoning supports office and professional service uses.
Property Size31,623 SF
Lot Size3.54 Acres
Price / SF$148.63
Days on Market1
Property Features for 4917 Waters Edge Drive
General Information
Standard status
Active
Size
31,623 SF
Net Rentable
31,623 SF
Total Parking Spaces
146
Lot size
3.54 Acres
Property subtype
Office
Zoning
OX-3
Occupancy
49%
Financials
Asking Price
$4,700,000
Opportunity Zone
Yes
Additional Details
Highway Access
Yes
Amenities
LED lighting improvements
Elevator
Electronic FOB access system
Building Details
Building Size
31,623 SF
Year Built
1982
Tenancy
Multi
Listed By:
Moss Withers · License #262680
(919) 576-2501
Source:
Lee-associates
Added: Oct 19
Last Checked: Oct 19 at 2:09PM
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 Moss Withers
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Investment Insights
Based on property information with market context.
This multi-tenant office property contains ±31,623 RSF on a ±3.54-acre site in Waters Edge Office Park. Approximately 48.7% of the space is leased, with six vacant suites available. Multiple suite sizes offer flexible office configurations. Building features include an elevator, electronic FOB access, LED lighting, refreshed exterior paint, and a roof installed in 2017. Approximately 146 parking spaces serve the property, or about 4.6 spaces per 1,000 SF. The property is zoned OX-3 and lies within a designated Opportunity Zone.
The southwest Raleigh location provides access to I-40 and I-440, with Cary, Downtown Raleigh, Downtown Cary, RTP, and RDU among the nearby destinations.
The southwest Raleigh location provides access to I-40 and I-440, with Cary, Downtown Raleigh, Downtown Cary, RTP, and RDU among the nearby destinations.
Key Highlights
- ±31,623 RSF multitenant office property on ±3.54 acres
- Approximately 48.7% leased; six vacant suites available
- OX‑3 zoning and designation within an Opportunity Zone
Property Analytics
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Current Use
Lease Details
48.7%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 27606, NC
48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - OX-3 zoning supports office and professional service uses.
Where is this office building located?
The property is located at 4917 Waters Edge Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: ±31,623 RSF multitenant office property on ±3.54 acres; Approximately 48.7% leased; six vacant suites available; OX‑3 zoning and designation within an Opportunity Zone
