3404 Lake Woodard Dr - Flex FOR SALE


Raleigh, NC 27604- Greater East Raleigh
$2,900,000 USD
919-227-9943
3404 Lake Woodard Dr, Raleigh, NC for Sale
$2,900,000 USD
Flex - FOR SALE
1/19
null | Request Cap Rate

3404 Lake Woodard Dr
Raleigh, NC 27604
Greater East Raleigh


HIGHLIGHTS

  • Standalone flex facility with two separate buildings on ±1.54 acres.
  • Fully fenced yard area supporting secure operations and outdoor storage.
  • Four grade-level roll-up doors and one dock-high door enhancing loading capabilities.
  • 3-phase power with infrastructure suitable for various industrial and flex uses.
  • Planned ±12,000 SF expansion opportunity onsite to accommodate future growth.
  • Located within an Opportunity Zone and minutes from I-440 with excellent regional access.

OVERVIEW

This standalone flex property in Raleigh offers a rare investment opportunity combining functional space with future expansion potential. Positioned on ±1.54 acres and zoned IX-3, the site accommodates two buildings totaling ±10,939 SF and includes an Opportunity Zone designation for potential tax advantages. The property boasts 23 parking spaces and additional yard area, with fencing that supports secure operations. Building features include four grade-level roll-up doors, one dock-high door, and 3-phase power. A fully fenced yard enhances usability for warehousing, distribution, or service-oriented businesses. Future growth options are supported by a ±12,000 SF expansion opportunity, creating scalability for evolving operational needs. Its strategic location near major transit hubs provides seamless connectivity to I-440 and New Bern Avenue, ensuring fast access to Raleigh’s urban core and regional markets. Whether utilized for owner-occupied flex use or as an income property, this asset delivers strong infrastructure and growth potential in one of the country’s highest-performing metro areas.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

4

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.45

LAND SF

63,162

ZONING

IX-3

APN/PARCEL ID

1724-36-5729,1724.10-36-6622-000

ASK ABOUT THIS PROPERTY

Thomas Goodwin, CCIMYork PropertiesMore Info
919-227-9943

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Thomas Goodwin, CCIMYork PropertiesMore Info
919-227-9943

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.