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Financial
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Property profile

4550 Preslyn Dr Raleigh, NC 27616

FOR SALE
Manufacturing properties
Property ID
US53-0353949
8,000 SF 1.41 ac lot Built 2020
Last sale Dec 2022 · $1,213,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 11,200-square-foot flex space presents a compelling investment opportunity in Raleigh, North Carolina. Located at 4550 Preslyn Dr, this 2021-built facility sits on a 1.41-acre lot and boasts a versatile IX-3 zoning designation, permitting a wide array of uses including office, retail, light industrial, and service-oriented businesses. The two-story building offers 8,000 square feet on the main level and an additional 3,200 square feet on the lower level, complemented by a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$21k
Tax billed · 2024
Assessed value$2.38M
Assessed land$354k
Assessed improvement$2.02M
Effective rate0.87%

Value estimate

· Oct 2026
$1.37M
$1.23M – $1.51M
AI approach$1.26M
CAP approach$790k
Submarket $/SF estimate$1.34M
NOI build-up
Gross scheduled income$110k
Vacancy & credit loss−$8k
Operating expenses−$15k
NOI · 2.23% cap applied$87k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$56 – $168

Cap rate analysis

How does the asset earn?
2.23%
$87k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IX-3
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial...
General categoryMIXED_USE
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.3
Restaurant24.9
Law Firm18.7

Location

4550 Preslyn Dr Raleigh, NC 27616
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3401 Spg Frst, Raleigh, NC 27616-2948 $5,642,000 Nov 2024 21,294 SF
5640 Departure, Raleigh, NC 27616-1841 $9,500,000 Nov 2023 54,480 SF
2716 Discovery, Raleigh, NC 27616-1850 $1,375,000 Apr 2020 11,586 SF
4541 Preslyn, Raleigh, NC 27616-3178 $4,322,461 Jun 2019 46,928 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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