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Property profile & analytics
FOR SALE
Manufacturing properties

4550 Preslyn Dr Raleigh, NC 27616

8,000 SF 1.41 ac lot Built 2020
Entity Owned 3-yr Hold Free & Clear
Property ID
US53-0353949
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 single rolling door ideal for logistical needs or warehousing. The property features five bathrooms—one for the main office and four for employee/customer use—ensuring ample convenience. Ample parking is provided with 20 spaces upfront and additional spaces available at the rear. The building's modern design, strategic zoning, and functional layout make it an attractive option for owner-users seeking a flexible and valuable asset. The property is currently vacant and ready for immediate occupancy. This Class A property offers a unique blend of functionality and location, making it an ideal investment for discerning buyers. Further details on the zoning regulations can be found at the provided link in the original listing.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2020
Construction BRICK
Total area 8,000 SF
Lot 1.41 ac (61,420 SF)
Zoning code IX-3
APN 1728.20-80-0221 0145033
UPID US53-0353949
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.26M
CAP Approach CAP
$790k
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.28M
Owner & transaction history
Cc Yield North LLC · 3 yrs held
Cc Yield North LLC
since 2022
Last sale
$1.2M
6 recorded transactions
2022
Price N/A
2022
$1.2M
2022
Price N/A
2018
$280,000
2007
Price N/A
2002
Price N/A
Zoning & alternative use
IX-3 · Raleigh, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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