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  1. Commercial Properties
  2. NC
  3. Raleigh

Waters Edge Office Park

For Sale

4917 Waters Edge Drive, Raleigh, NC 27606

Positioned near the intersection of Jones Franklin Road and I-440, 4917 Waters Edge Drive provides convenient access to major regional transportation routes and key Triangle employment centers. The property is approximately five minutes from NC State University and is located near Cary Crossroads, Fenton, Downtown Raleigh, Downtown Cary, Research Triangle Park, and RDU International Airport. The surrounding area includes established office, retail, residential, educational, and employment uses, providing a convenient and amenity-rich environment for office tenants and their employees.4917 Waters Edge Drive offers ±31,623 RSF of office space on ±3.54 acres in southwest Raleigh. Located within the established Waters Edge Office Park, the property features approximately 146 parking spaces, flexible office configurations, and convenient access to I-40, I-440, Cary, Downtown Raleigh, and key Triangle employment centers. OX-3 zoning, Opportunity Zone designation, a 2017 roof, and capital improvements—including LED lighting, electronic access controls, and refreshed exterior features, add to its appeal as an investment opportunity with lease-up potential.Office space for lease in Waters Edge Office Park in Raleigh, located at the Jones Franklin Road intersection with I-440. The property has easy access to I-40 and is close to numerous amenities, including Cary Crossroads.

Key features

  • ±3.54-acre site within Waters Edge Office Park
  • ±31,623 RSF multitenant office property
  • Approximately 146 parking spaces, providing a strong ratio of ±4.6 spaces per 1,000 SF
  • Approximately 52.7% leased, with five vacant suites available for lease-up
  • Close proximity to Cary Crossroads, Fenton, Downtown Raleigh, Downtown Cary, RTP, and RDU
  • Electronic FOB access system
  • Elevator in place for convenient multi-floor access
  • Established southwest Raleigh location with convenient access to I-40 and I-440
  • LED lighting improvements
  • Located within a designated Opportunity Zone
  • Multiple suite sizes accommodate a range of office and professional service users
  • OX-3 zoning supports a variety of office and professional service uses
  • Refreshed exterior paint and building appearance
  • Roof installed in 2017
  • SALE PRICE: $4,700,000

Building Details

  • For Sale $4,700,000
  • Property Type Office - General Office
  • Property Size 31,623 SF
  • Lot Size 3.54 Acre
  • Additional Rent Price on request
  • Building Class B
  • Year Built 1982
  • Date Updated Oct 21, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Moss Withers

Lee & Associates

Location

  • City Raleigh, NC
  • Neighborhood Athens Grove
  • Zip Code 27606
  • Market Raleigh Durham
  • Map
  • Street
  • Walk score 35/100 Car-Dependent
  • Transit score 30/100 Some Transit
  • Bike score 37/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Raleigh

4.11 miles

Zone 1: Prearranged Services

8.01 miles

Zone 4: Limos

8.03 miles

Gabe Mart

0.41 miles

Mobil

0.83 miles

BP

1.03 miles

Exxon

1.28 miles

Citgo

1.33 miles

Circle K

1.40 miles

Sheetz

1.57 miles

Shell

1.62 miles

PowerCharge

3.30 miles

Building C Charging Station

3.53 miles

Lake Johnson Park Lot 2

1.00 miles

Terry Center Parking

1.87 miles

CBC Parking Garage

1.88 miles

Health and Wellness Center parking

1.96 miles

Large Animal Hospital parking

2.03 miles

District Drive Park & Ride

2.30 miles

Center for Technology and Innovation Parking Deck

2.34 miles

Venture Parking

2.35 miles

Monteith Deck

2.37 miles

West Lot Parking Deck

2.38 miles

The Family Car Wash

0.88 miles

Sam's Express

2.16 miles

Circle K

3.36 miles

Supreme Car Wash

3.89 miles

Edge Car Wash

4.21 miles

Enterprise

4.44 miles

Carolina Auto Spa

5.06 miles

Autobell Car Wash

5.44 miles

American Pride

5.51 miles

Zips Car Wash

6.00 miles

Hong Kong Chinese Kitchen

0.72 miles

Subway

0.73 miles

Sonic

0.77 miles

Hardee's

0.90 miles

Pam's Farmhouse Restaurant

1.03 miles

D&S Cafeteria - Permanently Closed

1.08 miles

Honey Baked Ham

1.17 miles

Rey's Restaurant

1.22 miles

Crazy Fire Mongolian Grill

1.25 miles

Greek Fiesta

1.26 miles

Harris Teeter

0.77 miles

Roses Department Store

1.19 miles

Grand Asia Market

1.20 miles

Ross

1.25 miles

Marshalls

1.26 miles

Food Lion

1.41 miles

Target

1.44 miles

Burlington

1.51 miles

Almadina Market

1.74 miles

Kohl's

1.92 miles

Raleigh Fire Station Number 8

1.13 miles

CVS Pharmacy

1.44 miles

Raleigh Fire Station Number 20

1.97 miles

Swift Creek

2.20 miles

Cary Fire Station 9

2.48 miles

Cary Fire Station 2

2.95 miles

Raleigh Fire Station Number 14

3.03 miles

Wake Radiology UNC REX Healthcare - West Raleigh Breast Imaging

3.08 miles

Triangle Disc Care

3.09 miles

Glaucoma and Cataract Associates of North Carolina, P.C.

3.09 miles

Listing Summary

  • Property Financials

    4917 Waters Edge Drive is currently listed for sale at $4,700,000 for a price per square foot of $148.63.

  • Property Details

    4917 Waters Edge Drive totals 31,623 square feet of Office space on a lot spanning 3.54 acres.

    The property was initially built in 1982. Based on its location, amenities, and finishes, the property is listed as class B.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 35, indicating that it is car-dependent.

Contact Moss Withers
broker
Moss Withers

Lee & Associates

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