3.47 Acres Prime Opportunity on New Bern Ave – Raleigh, NC
3.47 Acres Prime Opportunity on New Bern Ave – Raleigh, NC
Marketing description
4802 New Bern Ave | 3.47 Acres
Raleigh • New Bern Avenue Corridor
This ±3.47-acre commercial site on New Bern Avenue offers a rare combination of scale, frontage, and flexible IX-3 zoning in one of Raleigh’s most active redevelopment corridors. The property includes an 11,061 SF auto-oriented facility previously used for auto sales, repair, bodywork, and paint. Current operations have ceased as ownership prepares the property for sale, allowing a buyer to step in with a clean slate.
Property Overview
Address: 4802 New Bern Ave, Raleigh, NC
Lot Size: ±3.47 acres
Building Size: 11,061 SF
Zoning: IX-3 (flexible commercial / industrial)
Sale Price: $2,888,888
Equipment: Modern automotive equipment less than 3 years old
Why This Property Stands Out
High-visibility frontage along New Bern Ave with strong daily traffic counts (see brochure map)
Large contiguous acreage rarely available this close to Raleigh’s core
Auto-ready infrastructure for immediate reuse by an owner-operator
Redevelopment and expansion optionality due to excess land and zoning flexibility
Suitable for automotive, contractor, service commercial, storage, or mixed-use redevelopment
Use & Redevelopment Potential
With operations now closed, buyers have flexibility to:
Reopen or reposition as an automotive or fleet operation
Redevelop or expand the existing building footprint
Combine with the adjacent 0.95-acre parcel at 4800 New Bern Ave for a 4.42-acre assemblage
Pursue alternative IX-3 permitted uses (buyer to verify)
The surrounding corridor has seen strong institutional and commercial investment, reinforcing the long-term viability of this location
📞 Contact Van to discuss owner-user scenarios, redevelopment concepts, or assemblage opportunities.
Investment highlights
Prime Location: High-traffic area on New Bern Ave, Raleigh, offering excellent visibility and access.
Auto-Ready & Turn-Key: Fully equipped facility with modern equipment, less than 3 years old and ready to roll!
Spacious Building: 11,061 sq. ft. building with flexible use for automotive services and more.
High-Growth Market: Situated in Raleigh’s booming business zone, perfect for owner-operators or savvy investors.
Built for Automotive Success: Currently operating as a multi-service auto center, sales, repairs, bodywork, and paint.
Endless Possibilities on 3.47 Acres: Ample land for expansion, redevelopment, or continued high-yield operations.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
