6425 Glenwood Avenue

Raleigh, NC 27612

$5,900,000
Price
—
Beds
—
Baths
13,104 Sq. Ft.
$450 / Sq. Ft.
13,104
Sq. Ft.
$450
per Sq. Ft.

Description

This prime 2.77-acre property in Northwest Raleigh offers excellent visibility and accessibility, making it an exceptional investment opportunity. The property features two established national tenants, one having operated at this location for over 40 years and both offering great space and visibility from Glenwood Avenue. Both tenants are paying market rents on NNN leases, with current agreements extending through 2029 and options to renew, ensuring long-term stability. The property also features...This prime 2.77-acre property in Northwest Raleigh offers excellent visibility and accessibility, making it an exceptional investment opportunity. The property features two established national tenants, one having operated at this location for over 40 years and both offering great space and visibility from Glenwood Avenue. Both tenants are paying market rents on NNN leases, with current agreements extending through 2029 and options to renew, ensuring long-term stability. The property also features a 5,000 sq. ft., 6-bay auto repair shop building that has been a fixture of the community for 44 years. This versatile building offers ample space, a large parking lot, and adaptability for other uses. The property holds tremendous potential for updates, redevelopment, or future growth. The mechanic shop could be reimagined or modernized to suit evolving market demands, and there is an easement behind the shop that could serve as a convenient future access point for vehicles. Additionally, the vacant land between the two buildings provides an excellent site for a new 5,000 sq. ft. structure, offering opportunities for expansion or new ventures.
  1. Listed by Vandan Gandhi • Keller Williams Elite Realty

Amenities

  • Mechanic
  • Parking Lot
LISTING UPDATED: 01/03/2025 11:55 AM

Property Details for 6425 Glenwood Avenue

StatusActive
MLS #10069063
Days on Market49
Taxes$19,595 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1980
Lot Size2.11 AC / 91,911 SF
CountyWake County

Building Information for 6425 Glenwood Avenue

Stories-Residences-Year Built1980Lot Size2.11 AC / 91,911 SF

Property Information for 6425 Glenwood Avenue

Summary
Location and General Information
  • Directions: From downtown Raleigh: Head west on I-440 W. Take exit 7B for US-70 W/Glenwood Ave toward Durham. Merge onto Glenwood Ave/US-70 W. Continue straight on Glenwood Ave for about 2.5 miles. Building will be on your right.
  • Latitude: 35.857912
  • Longitude: -78.707423
Taxes and HOA Information
  • Tax Annual Amount: $19,595.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: /1
Contract Information
  • Original MLS: Triangle MLS Inc
Property
Lot Information
  • Building Area Total: 13104.0
  • Lot Size Dimensions: 0
  • List PriceAcre: 2796208.53
Property and Assessments
  • New Construction: No
  • Photos Count: 29
  • Below Grade Finished Area Units: Square Feet
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Cooling?: Yes
  • Heating?: Yes
Agent
Sale and Listing
  • Property Class Name: CrossProperty

Property History for 6425 Glenwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6425 Glenwood Avenue

Taxable ValueLand$1,657,725Additions$790,103Total$2,447,828
Tax Record2024$21,259 ($1,772 / month)
Home Facts
Total Finished SqFt5,160 SqFtAbove Grade Finished SqFt5,160 SqFtStories1Lot Size91,912 SqFtStyleService StationYear Built1980ZoningIX-3CountyWAKEAPN0786.11-67-6390 0019347

Schools near 6425 Glenwood Avenue

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Brier Creek Elementary
PublicPK to 5

Pine Hollow Middle
Public6 to 8

Leesville Road High
Public9 to 12

Mount Vernon
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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6425 Glenwood Avenue is a mixed use property for sale in Raleigh, NC 27612. This property was listed for sale on January 3, 2025 by Keller Williams Elite Realty, it's currently listed at $5,900,000. It has been on the market for a total of 49 days and was last sold on October 16, 2017. This listing's school district is Wake County School District. Nearby schools include Brier Creek Elementary, Pine Hollow Middle and Leesville Road High. 6425 Glenwood Avenue is a 0-bed, 0-bath, 13,104 sqft mixed use property built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Elite Realty

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