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5501 McNeely Dr 4,345 SF Office Building Raleigh, NC 27612 $999,000 ($229.92/SF)

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INVESTMENT HIGHLIGHTS

  • New plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork
  • Lots of Parking Available
  • Wonderful Loaction!
  • This property is a must-see for anyone seeking a prime Raleigh office location with unparalleled convenience and flexibility.

EXECUTIVE SUMMARY

Nestled at 5501 McNeely Drive in Raleigh, NC, this wonderful fully updated office building presents a unique ownership opportunity. Boasting new plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork, this stand-alone property offers a turn-key solution for businesses or investors. Inside, you'll find a flexible layout featuring nine separate offices, a large conference room, and a spacious open area that can easily accommodate an open office concept or be converted into additional individual offices. The property also includes a welcoming reception and waiting area, ample storage throughout, and a convenient walk-in crawl space. Remarkably, while functioning as a stand-alone building, it is structured as a condo within an association managed by PPM, which covers all lawn maintenance, exterior building upkeep, and even the property tax for the land. This exceptional setup provides a hassle-free ownership experience, making it an ideal choice for businesses seeking their own space, investors looking for a low-maintenance asset, or those interested in occupying a portion and subleasing the remainder.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
4,345 SF
Building Class
B
Year Built
1986
Price
$999,000
Price Per SF
$229.92
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,173 SF
Slab To Slab
9’
Zoning
O&I-1 - Office
Parking
27 Spaces (6.21 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,433 SF
  • Office
  • -
  • Now

Nestled at 5501 McNeely Drive in Raleigh, NC, this wonderful fully updated office building presents a unique ownership opportunity. Boasting new plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork, this stand-alone property offers a turn-key solution for businesses or investors. Inside, you'll find a flexible layout featuring nine separate offices, a large conference room, and a spacious open area that can easily accommodate an open office concept or be converted into additional individual offices. The property also includes a welcoming reception and waiting area, ample storage throughout, and a convenient walk-in crawl space.

  • 2nd Floor
  • 912 SF
  • Office
  • Partial Build-Out
  • Now

Nestled at 5501 McNeely Drive in Raleigh, NC, this wonderful fully updated office building presents a unique ownership opportunity. Boasting new plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork, this stand-alone property offers a turn-key solution for businesses or investors. Inside, you'll find a flexible layout featuring nine separate offices, a large conference room, and a spacious open area that can easily accommodate an open office concept or be converted into additional individual offices. The property also includes a welcoming reception and waiting area, ample storage throughout, and a convenient walk-in crawl space.

Space Size Space Use Condition Available
1st Floor 3,433 SF Office - Now
2nd Floor 912 SF Office Partial Build-Out Now

1st Floor

Size
3,433 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
912 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size 3,433 SF
Space Use Office
Condition -
Available Now

Nestled at 5501 McNeely Drive in Raleigh, NC, this wonderful fully updated office building presents a unique ownership opportunity. Boasting new plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork, this stand-alone property offers a turn-key solution for businesses or investors. Inside, you'll find a flexible layout featuring nine separate offices, a large conference room, and a spacious open area that can easily accommodate an open office concept or be converted into additional individual offices. The property also includes a welcoming reception and waiting area, ample storage throughout, and a convenient walk-in crawl space.

2nd Floor

Size 912 SF
Space Use Office
Condition Partial Build-Out
Available Now

Nestled at 5501 McNeely Drive in Raleigh, NC, this wonderful fully updated office building presents a unique ownership opportunity. Boasting new plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork, this stand-alone property offers a turn-key solution for businesses or investors. Inside, you'll find a flexible layout featuring nine separate offices, a large conference room, and a spacious open area that can easily accommodate an open office concept or be converted into additional individual offices. The property also includes a welcoming reception and waiting area, ample storage throughout, and a convenient walk-in crawl space.

  • Listing ID: 35163216

  • Date on Market: 3/17/2025

  • Last Updated:

  • Address: 5501 McNeely Dr, Raleigh, NC 27612

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