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Flex Space with Warehouse
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701 S NEW HOPE RD, Raleigh, NC 27610

Showroom, office, and warehouse areas combine in a move-in-ready commercial building with drive-in access and 3-phase power.

Property Size10,662 SF
Lot Size1.31 Acres
Days on Market6

Property Features for 701 S NEW HOPE RD

General Information

Standard status Active
Size 10,662 SF
Lot size 1.31 Acres
Property subtype Industrial
Zoning IX-3
Investment Type Owner/User

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 3
Three-Phase Power Yes

Building Details

Year Built 2012
Buildings 1
Stories 1
Units 1
Building Size 10,662 SF
Listing Agency: CityPlat LLC
Listed By: Louis-Xavier Bilodeau · License #341902
Source: Crexi
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 8:48AM

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 CityPlat LLC

Investment Insights

Based on property information with market context.

Constructed in 2012, this 10,662-square-foot flex property combines a finished showroom and office component with a practical warehouse area. The industrial portion offers 16-foot clear ceilings, three drive-in doors, and 3-phase power, creating a functional arrangement for operations requiring both customer-facing space and material storage.

The building occupies 1.31 acres and carries IX-3 zoning. The site also provides room for a potential fenced laydown area, with fencing permitted up to 8 feet and a 3-foot setback under the stated zoning parameters. Located at 701 S New Hope Road in Raleigh, North Carolina, the property presents an established flex-space configuration with substantial site area relative to the building footprint.

Key Highlights

  • 10,662 SF flex building constructed in 2012
  • 1.31‑acre site with potential fenced laydown area
  • Warehouse area with 16' clear ceilings

Property Analytics

Current Use

AMC Lighting & Decor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Pharmacy Auto Parts Store

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

16 ft
Clear height
3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27610, NC

75,164
Population
29,245
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
86%
High-School Grad
45.2 sq mi
ZIP Area
1,663
Density / Sq Mi
$66,245
Median Household Income
$37,582
Median Earnings
$1,319
Median Rent
$260,300
Median Home Value

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
Rey
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Similar Off Market Nearby

  • Mock’d 5701 Angelfish Ct, Raleigh, NC 27610
  • Elle Et Moi Catering 5122 mass rock dr, raleigh, nc 27610

Frequently Asked Questions

What type of property is this?
Flex space - Showroom, office, and warehouse areas combine in a move-in-ready commercial building with drive-in access and 3-phase power.
Where is this flex space located?
The property is located at 701 S NEW HOPE RD Raleigh, NC.
What are key features of this property?
This property features: 10,662 SF flex building constructed in 2012; 1.31‑acre site with potential fenced laydown area; Warehouse area with 16' clear ceilings
More about this property
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