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1.726 AC Glenwood Ave 6425 Glenwood Ave 5,160 SF 100% Leased Retail Building Raleigh, NC 27612 $2,500,000 ($484.50/SF)
Investment Highlights
- 1.726 Acres | Prime Glenwood Ave Frontage - High visibility with immediate I-440 access
- Redevelopment Upside - Excess land supports new ±5,000 SF construction + rear easement access
- Execution Ready - Survey recombination complete; seller open to due diligence
- Clear Span Building - Single support structure allows flexible commercial uses
- Assemblage Opportunity - Adjacent Parcel A available; buy separately or together
Executive Summary
Rare 1.726-acre redevelopment opportunity in Northwest Raleigh’s high-traffic Glenwood Ave corridor with immediate access to I-440. The property features a clear span building with a single support structure, allowing flexible layouts for uses such as brewery, retail/restaurant, showroom, or industrial/flex with five bays.
A rear easement enhances access and supports future site configuration, while excess land provides the ability to develop an additional ±5,000 SF building. Survey recombination is completed, streamlining redevelopment.
Adjacent Parcel A (6429 Glenwood Ave) is also available, and parcels can be purchased individually or together for a larger investment opportunity. Seller is open to a reasonable due diligence period, act quickly to secure this prime asset.
A rear easement enhances access and supports future site configuration, while excess land provides the ability to develop an additional ±5,000 SF building. Survey recombination is completed, streamlining redevelopment.
Adjacent Parcel A (6429 Glenwood Ave) is also available, and parcels can be purchased individually or together for a larger investment opportunity. Seller is open to a reasonable due diligence period, act quickly to secure this prime asset.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,160 SF
Building Class
B
Year Built
1980
Price
$2,500,000
Price Per SF
$484.50
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.73 AC
Zoning
IX-3 - Industrial Mixed Use
Parking
30 Spaces (5.81 Spaces per 1,000 SF Leased)
Frontage
81’ on Pleasant Valley Rd
Amenities
- Bus Line
- Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0786.11-67-6390-000 | Improvements Assessment | $790,103 |
| Land Assessment | $1,657,725 | Total Assessment | $2,447,828 |
Property Taxes
Parcel Number
0786.11-67-6390-000
Land Assessment
$1,657,725
Improvements Assessment
$790,103
Total Assessment
$2,447,828
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1.726 AC Glenwood Ave | 6425 Glenwood Ave
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