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    1005 Portrait Dr | Cary Cary, NC 27511

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    For Lease
    Contact for pricing

    Endcap retail space with patio, near major retailers and apartments.

    Property size:
    15,000 SF
    Lot size:
    15,000 SF

    Property Features for 1005 Portrait Dr | Cary

    General Information

    Size
    15,000 SF

    Source: Chip Lanier Agent Chip Lanier

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

    Overview

    Retail Space with Patio

    This retail space, specifically Suite 101/102, offers 2,200 square feet of space, including a 500 square foot patio. It is located at the intersection of Portrait Drive and Chapel Hill Road (Hwy. 54), as well as the intersection of Chapel Hill Road (Hwy. 54) and NW Maynard Road. The property is situated across from Bainbridge Apartments, which comprises 259 units. Nearby businesses include Lowe’s Home Improvement and Starbucks. It is also located less than 1 mile from the Park West Village power center. The property is part of a 15,000 square foot retail property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7781
    Latitude
    35.7524

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    FAQs

    What type of property is this?
    Retail space - Endcap retail space with patio, near major retailers and apartments.
    Where is this retail space located?
    The property is located at 1005 Portrait Dr | Cary Cary, NC.
    What are key features of this property?
    This property features: - 2,200 SF Endcap with a desirable 500 SF patio.; - Located at the intersection of Portrait Drive and Chapel Hill Road (Hwy. 54).; - Situated at the intersection of Chapel Hill Road (Hwy. 54) and NW Maynard Road.
    (919) 291-6282
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    1005 Portrait Dr | Cary Cary, NC 27511
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    Cary, NC 27511
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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
    1005 Portrait Dr | Cary Cary, NC 27511
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