Two-Suite Office
For Sale
$325,000
107 Fountain Brook Circle, Cary, NC 27511
Commercial Sale, Cary, NC
Property Size1,078 SF
Price / SF$301.48
Days on Market139
Property Features for 107 Fountain Brook Circle
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OI
Interior features
Coffered Ceiling(s), Entrance Foyer, Quartz Counters, Wet Bar
Standard status
Active
APN
076314440990003 0146277
Size
1,078 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Courtyards Office Condo Bld7 Unc
Tax Annual Amount
2052
Legal Description
Courtyards Office Condo Bld7 Unc
Utilities
Cooling system
Central Air
Building Details
Year built
1985
Floors in Building
1
Flooring type
Vinyl
Building materials
Brick
Roof type
Shingle
Listing Agency:
Fathom Realty NC
(888) 455-6040
Listed By:
Tiffany Alexy · License #275619
(919) 297-8778
Added: May 21
Changed: Sep 15
Last Checked: Oct 6 at 1:06PM
MLS# 10169145
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,078-square-foot office condo is arranged as two connected mini suites with a central conference room currently used for storage. Each suite includes a lobby, kitchenette, and enclosed office. Restrooms are positioned directly outside the unit. Interior improvements include vinyl flooring, coffered ceiling tiles, painted finishes, keyless entry, quartz counters, and wet-bar features. Brick construction, a shingle roof, and central air complete the physical profile, with the property built in 1985.
The property is located 1 mile from downtown Cary and Fenton, with dining and shopping options nearby. As a condominium, exterior and landscaping maintenance are handled outside the unit. OI zoning supports its office-oriented classification.
The property is located 1 mile from downtown Cary and Fenton, with dining and shopping options nearby. As a condominium, exterior and landscaping maintenance are handled outside the unit. OI zoning supports its office-oriented classification.
Key Highlights
- 1,078 SF office condo configured as two connected mini suites
- Two lobby areas, kitchenettes, and enclosed offices
- Central conference room currently used for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,960
Cap Rate
5.83%
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 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.6K
$263.9K – $351.9K
NOI $21,114 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Updated commercial workspace with kitchenettes, private offices, and central air.
Where is this office units located?
The property is located at 107 Fountain Brook Circle Cary, NC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,078 SF office condo configured as two connected mini suites; Two lobby areas, kitchenettes, and enclosed offices; Central conference room currently used for storage
