Raleigh industrial property sells for $2.5 million

Published Apr 10, 2025

The commercial space at 701 Pershing Rd. was constructed in 1975. The lot of the property covers 0.4-acre. The single-story building is equipped with central A/C and a space suspended heating system. On the exterior, the building is characterized by a flat roof design. The new owner, Dean Holding Company LLC, purchased the 5,000-square-foot property, designated as Commercial, from William Grace and Gobel LLC on Oct. 11, 2024 for $2,525,000.