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    705 Oak Ridge Dr Cary, NC 27519

    For Sale
    $633,000

    LAND - Cary, NC

    Lot size:
    1.03 Acres
    Days on Market:
    100
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 705 Oak Ridge Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Partially Wooded, Heavily Wooded
    Zoning
    R-40W
    APN
    0733725962
    Lot size
    1.03 Acres

    Utilities

    Water source
    Well

    Go Realty (919) 656-9965 [email protected]

    Listing agent Liana Saugstad (714) 315-2794

    Listing date Aug 29, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cary Development Opportunity: 9.88 Acres

    This is a rare development opportunity consisting of 9.88 acres in Cary. The property comprises eight parcels being sold together, presenting exceptional potential for investors, developers, and builders. Situated in a high-demand growth corridor, the location is approximately 3 minutes from Beaver Creek and a short distance from shopping, dining, RTP, and RDU. The site benefits from strong demographics and sustained market appreciation. This is a chance to control one of the last large developable sites in Cary.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.873432
    Latitude
    35.764101

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    FAQs

    What type of property is this?
    Land - 9.88 acres in Cary, near Beaver Creek, RTP, and RDU.
    Where is this land located?
    The property is located at 705 Oak Ridge Dr Cary, NC.
    What is the asking price?
    The asking price for this property is $633,000.
    What are key features of this property?
    This property features: - Rare 9.88-acre development opportunity in Cary.; - Prime location: Minutes to Beaver Creek, RTP, and RDU.; - High-growth, high-demand market with strong demographics.
    (714) 315-2794
    Request Owner's contact information
    705 Oak Ridge Dr Cary, NC 27519
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    Cary, NC 27519
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Oak Ridge Dr Cary, NC 27519
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