7601 Glenwood Ave, Raleigh, NC 27612-1868

This exceptional 8.52-acre property, located at 7601 Glenwood Ave in Raleigh, NC, presents a unique redevelopment opportunity. Situated on a corner lot with a median break, it boasts high visibility and accessibility, benefiting from its location halfway between I-440 and I-540 within Raleigh's Western Wake automotive row. The site includes two existing buildings totaling 20,156 square feet: an 18,200 square-foot showroom/service center and a drive-thru car wash and detail shop. Built in 1998 and renovated in 2007, the property features a Class B designation, 18-foot ceilings, and ample parking for approximately 531 vehicles, strategically designed for inventory, customers, and service operations. The property's CX-3-PK zoning allows for diverse development options. Its proximity to downtown Raleigh (15 minutes), Raleigh-Durham International Airport (15 minutes), and downtown Durham (20 minutes) further enhances its appeal. The location benefits from Wake County's strong demographics and North Carolina's robust population growth. This is a prime opportunity to capitalize on a thriving market and a highly visible location. The property offers significant potential for various uses, including hospitality, mixed-use, multifamily, retail, and self-storage, making it an attractive investment for developers seeking a high-impact project in a rapidly growing area.