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3404 Lake Woodard Dr 10,939 SF Flex Building Raleigh, NC 27604 $2,900,000 ($265.11/SF)

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Investment Highlights

East Raleigh property includes two buildings

Property allows for a range of industrial/service uses & offers potential to expand the existing buildings by up to an additional ±12,000 SF

Executive Summary

Offered for sale, this rare standalone industrial/flex property in East Raleigh includes two buildings totaling ±10,939 SF on approximately 1.54 acres. The fully fenced site features 23 parking spaces, four grade-level doors, one dock-high door, and 3-phase power.

3404 Lake Woodard Drive

Property Facts

Price	$2,900,000	No. Stories	1
Price Per SF	$265.11	Year Built	1988
Sale Type	Owner User	Tenancy	Single
Property Type	Flex Flex Light Manufacturing Flex Research & Development FlexLight Distribution	Parking Ratio	2.1/1,000 SF
Building Class	C	No. Dock-High Doors/Loading	1
Lot Size	1.45 AC	No. Drive In / Grade-Level Doors	4
Rentable Building Area	10,939 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IX-3 - Industrial

Price	$2,900,000
Price Per SF	$265.11
Sale Type	Owner User
Property Type	Flex Flex Light Manufacturing Flex Research & Development FlexLight Distribution
Building Class	C
Lot Size	1.45 AC
Rentable Building Area	10,939 SF
No. Stories	1
Year Built	1988
Tenancy	Single
Parking Ratio	2.1/1,000 SF
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	IX-3 - Industrial

Fenced Lot

Signage

1 1

Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

30/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	1724.10-36-6622-000	Improvements Assessment	$713,741
Land Assessment	$666,991	Total Assessment	$1,380,732

Property Taxes

Parcel Number

1724.10-36-6622-000

Land Assessment

$666,991

Improvements Assessment

$713,741

Total Assessment

$1,380,732

(919) 227-9943

Contact

Thomas Goodwin, CCIM
SVN | Raleigh

Listing ID: 39143015
Date on Market: 1/20/2026
Last Updated:
Address: 3404 Lake Woodard Dr, Raleigh, NC 27604

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3404 Lake Woodard Dr, Raleigh, NC for sale Building Photo- Image 1 of 9 — Primary

3404 Lake Woodard Dr, Raleigh, NC for sale Interior Photo- Image 2 of 9 — Lobby

3404 Lake Woodard Dr, Raleigh, NC for sale Interior Photo- Image 3 of 9 — Interior

3404 Lake Woodard Dr, Raleigh, NC for sale Interior Photo- Image 4 of 9 — Interior

3404 Lake Woodard Dr, Raleigh, NC for sale Building Photo- Image 5 of 9 — Rear

3404 Lake Woodard Dr, Raleigh, NC for sale Site Plan- Image 6 of 9 — Site Plan

3404 Lake Woodard Dr, Raleigh, NC for sale Floor Plan- Image 7 of 9 — Floor Plan

3404 Lake Woodard Dr, Raleigh, NC for sale Other- Image 8 of 9 — Potential Expansion

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