Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Office Suite in Cary Title is generated by Realmo AI

    1230 Southeast Maynard Road, Cary, NC 27511

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    956 SF office suite with three private offices and reception.

    Type:OFC
    Property size:
    956 SF
    Added:
    Feb 17, 2026
    Days on Market:
    106
    Last Refresh:
    Apr 7 at 9:26 am

    Property Features for 1230 Southeast Maynard Road

    General Information

    Standard status
    Active
    Size
    956 SF
    Property subtype
    OFC

    Building Details

    Year Built
    1997

    Spaces For Lease

    at 1230 Southeast Maynard Road Contact us

    We can help!

    Listing Contact
    Vandan Gandhi
    Vandan Gandhi

    Listing agent Vandan Gandhi License #247850

    Listing office KW Commercial | Durham Southpoint | Vandan Gandhi

    Listing date Feb 17, 2026

    Source Realnex

    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 KW Commercial | Durham Southpoint | Vandan Gandhi

    HighLights

    • Prime Cary commercial corridor location with excellent visibility and easy access.
    • Turnkey office suite ready for immediate move‑in.
    • Three private offices with windows and abundant natural light.
    • Main‑floor access despite elevated appearance.
    • Includes reception area, receptionist office with restroom, and break area.
    • Monthly rent includes TICAM.

    Overview

    This approximately 956 SF turnkey office suite features three private offices with windows, a reception area, a receptionist office with restroom, and a break area. Filled with natural light, it creates a bright, professional environment suitable for client-facing businesses or growing teams. Though it appears elevated, it offers main-floor access when parking on the designated side. Located in a prime Cary commercial corridor with excellent visibility and easy access, this office presents an opportunity for an immediate move-in. The monthly rent includes TICAM. The tenant is responsible for electricity and water.
    Property Profile Location Intelligence

    Current Use by Public Records

    Balance & Wellness Massage Alternative Medicine Practice A Younger You Medical Clinic Luxe Skin Spa Spa & Massage Center The Carolinas Center Nursing Home Precision Walls, Inc. Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7646263
    Latitude
    35.7937245

    Nearby Similar for Lease

    • $11,000/Mo
      2,700 SF

      Freestanding Retail Building in Cary

      2,700 SF retail building with high visibility in Cary.
      122 SW Maynard Road, Cary, NC 27511
      View Details
    • $129-$4,216/Mo
      11-1,292 SF

      NC, Cary - 15000 Weston Parkway

      15000 Weston Pkwy, Cary, NC 27513
      View Details
    • $129-$5,487/Mo
      11-1,292 SF

      NC, Cary - Towerview Ct

      280 Towerview Ct, Unit 1ST, Cary, NC 27513
      View Details
    • $129-$16,839/Mo
      11-1,353 SF

      Spaces center Green

      5000 Centre Green Way, Cary, NC 27513
      View Details
    • Sponsored
      $129-$4,878/Mo
      11-1,292 SF

      Regency Parkway

      2500 Regency Pkwy Cary, Cary, NC 27518
      View Details
    • $19 SF/Yr
      2,165 SF

      Downtown Cary Office Condo Lease

      2,165 RSF office condo for lease in downtown Cary.
      1151 Executive Circle, Ste. 202, Cary, NC 27511
      View Details
    • $2,126/Mo
      1,109 SF

      Downtown Cary Office Space Available

      Professional office space in the heart of Downtown Cary.
      404 E. Chatham St., Cary, NC 27511
      View Details
    • $32 SF/Yr
      5,287 SF

      Restaurant Space on Chatham Street

      Second generation restaurant space with patio and on-site parking.
      701 E Chatham St, Cary, NC 27511
      View Details
    • $22 SF/Yr
      12,000 SF

      Medical Office Condo Near Hospital

      Medical office condo near WakeMed Hospital and Waverly Place in Cary.
      301 Keisler Drive, Unit E, Cary, NC 27518
      View Details
    • $24 SF/Yr
      1,904 SF

      Cary Office Space Available

      Office space for lease in Cary with excellent visibility.
      111 James Jackson Avenue, Cary, North Carolina 27513
      View Details
    • $425/Mo
      400 SF

      Olde Cary Executive Office Suites

      Prime office spaces in a convenient, central Cary location.
      201 W Chatham Street, Cary, NC 27511
      View Details
    • $9,800/Mo
      3,600 SF

      Furnished Office Space For Lease

      Move-in ready, furnished office space in prime Cary location.
      105 Baines Ct, Cary, NC
      View Details

    FAQs

    What type of property is this?
    Office units - 956 SF office suite with three private offices and reception.
    Where is this office units located?
    The property is located at 1230 Southeast Maynard Road Cary, NC.
    What are key features of this property?
    This property features: Prime Cary commercial corridor location with excellent visibility and easy access.; Turnkey office suite ready for immediate move‑in.; Three private offices with windows and abundant natural light.
    (919) 475-5769
    We can help!
    Listing Contact
    Vandan Gandhi
    Vandan Gandhi
    Real Estate License ID: 247850
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1230 Southeast Maynard Road, Cary, NC 27511
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!