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3321 S Wilmington St
Raleigh, NC 27603
Retail Property For Sale
Investment Highlights
- Capitalize on South Raleigh’s explosive growth with a highly visible 5,400 SF flex warehouse facility
- A versatile property surrounded by strong retail synergy and rapid development
- A prime site blending retail visibility with flex-industrial functionality
Executive Summary
Position your business or investment in one of the most dynamic and expanding corridors in the Triangle. Located just off Highway 401, this South Raleigh property offers an exceptional opportunity in a submarket experiencing rapid commercial and residential growth.
The area continues to see strong expansion in both office and retail sectors, fueled by population increases, tourism, and the continued success of the greater Raleigh economy. Major projects like Dix Park, the Lenovo Center, and the ongoing RDU Airport expansion contribute to strong demand and sustained development throughout this corridor.
With excellent visibility, access, and connectivity to downtown Raleigh and surrounding communities, 3321 S. Wilmington Street represents an ideal site for retail, flex warehouse, office, or service-oriented users seeking to capitalize on the growth wave transforming South Raleigh.
3321 S. Wilmington Street — where opportunity meets momentum in the Triangle’s fastest-growing corridor.
The area continues to see strong expansion in both office and retail sectors, fueled by population increases, tourism, and the continued success of the greater Raleigh economy. Major projects like Dix Park, the Lenovo Center, and the ongoing RDU Airport expansion contribute to strong demand and sustained development throughout this corridor.
With excellent visibility, access, and connectivity to downtown Raleigh and surrounding communities, 3321 S. Wilmington Street represents an ideal site for retail, flex warehouse, office, or service-oriented users seeking to capitalize on the growth wave transforming South Raleigh.
3321 S. Wilmington Street — where opportunity meets momentum in the Triangle’s fastest-growing corridor.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
5,400 SF
Building Class
B
Year Built
2004
Price
$1,400,000
Price Per SF
$259.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
I-1 - IX-3-PL
Parking
27 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
245’ on South Wilmington Street
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 1702.18-32-9369-000 | Improvements Assessment | $623,731 |
| Land Assessment | $696,254 | Total Assessment | $1,319,985 |
Property Taxes
Parcel Number
1702.18-32-9369-000
Land Assessment
$696,254
Improvements Assessment
$623,731
Total Assessment
$1,319,985
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