Updated Two-Suite Office
For Sale
$340,000
107 Fountain Brook Circle # C, Cary, NC 27511
Two private office rooms include lobby areas and kitchenettes.
Property Size1,078 SF
Days on Market139
Property Features for 107 Fountain Brook Circle # C
General Information
Standard status
Active
Size
1,078 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$2,052
Building Details
Building Size
1,078 SF
Year Built
1985
Listing Agency:
Fathom Realty NC
Listed By:
Tiffany Alexy · License #275619
(919) 297-8778
Source:
Dustinbennett
Added: May 21
Changed: Sep 21
Last Checked: Oct 5 at 10:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty NC
Investment Insights
Based on property information with market context.
This office condominium is configured as two separate mini-suites linked by a central conference room currently used for storage. Each suite includes a lobby area with a kitchenette and a larger enclosed office with its own door. Recent interior improvements include LVP flooring, coffered ceiling tiles, fresh paint, and keyless entry. Restrooms are positioned directly outside the unit.
The property is located at 107 Fountain Brook Circle # C in Cary, approximately 1 mile from downtown Cary and Fenton. Nearby dining and shopping add convenient access to everyday amenities. As a low-maintenance condominium, exterior upkeep and landscaping are handled outside the unit.
The property is located at 107 Fountain Brook Circle # C in Cary, approximately 1 mile from downtown Cary and Fenton. Nearby dining and shopping add convenient access to everyday amenities. As a low-maintenance condominium, exterior upkeep and landscaping are handled outside the unit.
Key Highlights
- Two mini‑suites connected by a central conference room currently used for storage
- Each suite includes a lobby, kitchenette, and enclosed office with a door
- Interior updates include LVP flooring, coffered ceiling tiles, paint, and keyless entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,960
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,200
$379.2K
Cap Rate 7%
$270,857
$270.9K
Cap Rate 9%
$210,667
$210.7K
Market Conditions
NOI Build-Up for 1,078 SF
Gross rent
$32.3K $30.00/SF
− Vacancy
−$7.1K −$6.55/SF
EGI
$25.3K $23.45/SF
− OpEx
−$6.3K −$5.86/SF
NOI
$19.0K $17.59/SF
Area
Cary, NC
Vacancy
21.83%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,200
Cap Rate 7%
$270,857
Cap Rate 9%
$210,667
Alternative Uses
Best Use
Office B
$270.9K
$237.0K – $316.0K
NOI $18,960 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.6K
$263.9K – $351.9K
NOI $21,114 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,572
Businesses Nearby
Explore this area
Business Placement
Demographics for 27511, NC
32,786
Population
14,359
Households
2.3
Avg Household Size
42
Median Age
58%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,802
Density / Sq Mi
$104,072
Median Household Income
$50,778
Median Earnings
$1,436
Median Rent
$416,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Two private office rooms include lobby areas and kitchenettes.
Where is this office units located?
The property is located at 107 Fountain Brook Circle # C Cary, NC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two mini‑suites connected by a central conference room currently used for storage; Each suite includes a lobby, kitchenette, and enclosed office with a door; Interior updates include LVP flooring, coffered ceiling tiles, paint, and keyless entry
