4550 Preslyn Dr Raleigh, NC 27616
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IX-3 · Raleigh, NCRaleigh. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.