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

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.