RARE FLEX CONDO OPPORTUNITY – HIGH TRAFFIC, HIGH… — Sale in Raleigh, NC

  • Price: $950K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Raleigh, NC 27616
  • Submarket: Six Forks/Falls of Neuse Road
  • Size: 24,503 SF
  • Year built: 1987

Photos

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Investment Figures

Price per square foot
$39

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

PRICE REDUCED! The seller of 2411 E. Millbrook Rd is motivated to sell as-is and has reduced the price to $950,000. This 4,375 SF flex condo won’t stay on the market long. Located on Millbrook Rd with 21,000+ vehicles/day and just 1 mile from US-1, this site offers unmatched visibility and access in one of Raleigh’s hottest growth zones. Featuring a 12’ drive-in door, 15’ ceilings, full HVAC, and a versatile, partially demisable layout, this space is built for office, showroom, or light industrial use. Ample parking and signage potential amplify your brand exposure. Raleigh inventory is tightening fast and high-exposure assets like this are nearly impossible to find. Move fast. Reach out now before it’s gone. Secure your foothold before your competition does. Building SF: 24503 | Land Size: 4.8 Ac | Year Built: 1987 | Listing Type: FOR SALE

Market Context

This industrial in Raleigh, NC is listed for sale at $950,000 across 24,503 SF ($39/SF). The building dates to 1987. Compare it against other industrial listings for sale in Raleigh, NC — view the full market.

As of Q1 2026, the Raleigh industrial market showed average asking rents near $10.86/SF/yr, and rents up 7.0% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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