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Cary Land Redevelopment Opportunity
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607 Cedar St, Cary, NC 27511

27.25-acre land for redevelopment in Downtown Cary, North Carolina.

Days on Market324

Property Features for 607 Cedar St

General Information

Standard status Active
Property subtype Mixed-Use Land
Listing Agency:
Listed By: Moss Withers · License #262680
Source: Lee-associates
Added: Sep 10, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:16AM

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 Moss Withers

Investment Insights

Based on property information with market context.

This 27.25-acre land redevelopment opportunity is located in Cary, North Carolina, specifically at the corner of East Chatham Street and Southeast Maynard Road in Downtown Cary. The site is situated in an affluent submarket within the Raleigh-Durham metro area. The location provides convenient access to major employment centers via nearby I-40 and I-440, including the Weston Parkway area (9 minutes), Downtown Raleigh (15 minutes), and the Research Triangle Park (14 minutes). The existing zoning supports high-density residential development, allowing up to 50 units per acre. The property benefits from high visibility and multiple access points. Short-term cash flow is possible, with favorable landlord lease structures to facilitate redevelopment. The site is located minutes from Fenton, a new, high-end mixed-use center. Master plan potential across nearly 30 acres.

Key Highlights

  • 27.25‑acre land redevelopment opportunity in Downtown Cary.
  • Existing zoning supports high‑density residential development (up to 50 units per acre).
  • Located in a growing, affluent submarket.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Catering Service (Bike/Boat/Book/etc) Store Butcher Wine and Liquor Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

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

Market

Properties on Market for Land in Cary

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 27.25-acre land for redevelopment in Downtown Cary, North Carolina.
Where is this land located?
The property is located at 607 Cedar St Cary, NC.
What are key features of this property?
This property features: 27.25‑acre land redevelopment opportunity in Downtown Cary.; Existing zoning supports high‑density residential development (up to 50 units per acre).; Located in a growing, affluent submarket.
More about this property
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