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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Raleigh market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
IX-3 · Raleigh, NCThe IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The IX-3 is intended to provide for a variety of light industrial and manufacturinguses while allowing for retail, service and commercial activity andlimited housing opportunities
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IX-3 in Raleigh, NC.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
