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    8608 Chapel Hill Rd, Unit | Cary Cary, NC 27513

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    For Sale
    $650,000

    Two parcels totaling 0.32 acres in Downtown Cary.

    Building Details

    Year built
    1920
    Source: Lee-associates

    Listing Agent: Moss Withers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Cary Land Opportunity

    Located in the heart of Downtown Cary, 8608 & 8610 Chapel Hill Road offer a rare opportunity to acquire a total of 0.32 acres. The offering consists of two parcels suitable for residential use or redevelopment. One parcel features a 1,470 square foot single-family home constructed in 1920, while the other is a vacant lot. The property is zoned Town Center-CB&R (Cottage Business and Residential), providing flexibility for creative investment and development options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7839909
    Latitude
    35.7921133

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    FAQs

    What type of property is this?
    Land - Two parcels totaling 0.32 acres in Downtown Cary.
    Where is this land located?
    The property is located at 8608 Chapel Hill Rd, Unit | Cary Cary, NC.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime Downtown Cary location.; - 0.32 acres total land area.; - Town Center-CB&R zoning allows for flexible development options.
    (919) 576-2501
    Request Owner's contact information
    8608 Chapel Hill Rd, Unit | Cary Cary, NC 27513
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    Cary, NC 27513
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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
    8608 Chapel Hill Rd, Unit | Cary Cary, NC 27513
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