Freestanding Office
For Sale
Contact for pricing
Pending
5045 Old Raleigh Road, Cary, NC 27511
7,500-sf office building on a 2.41-acre lot with stoplight access at Highway 64 and Gregson Drive.
Property Size7,500 SF
Lot Size2.41 Acres
Days on Market11
Property Features for 5045 Old Raleigh Road
General Information
Standard status
Pending
Size
7,500 SF
Lot size
2.41 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Avison Young - Raleigh Durham
Listed By:
Janet Clayton · License #NC 198805
Source:
Crexi
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 30 at 3:36PM
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 Avison Young - Raleigh Durham
Investment Insights
Based on property information with market context.
The property is a 7,500-sf office building offered for sale, situated on a 2.41-acre lot. The parcel’s size allows for the possibility of future building expansion, subject to applicable approvals.
The site features stoplight ingress and egress at the intersection of Highway 64 and Gregson Drive. It is located about 1.6 miles from WakeMed Cary Hospital.
This is a straightforward ownership opportunity for an office user or investor looking at a freestanding office asset with room to plan for growth on-site.
The site features stoplight ingress and egress at the intersection of Highway 64 and Gregson Drive. It is located about 1.6 miles from WakeMed Cary Hospital.
This is a straightforward ownership opportunity for an office user or investor looking at a freestanding office asset with room to plan for growth on-site.
Key Highlights
- 7,500‑sf office building on a 2.41‑acre lot
- Stoplight ingress/egress at Highway 64 and Gregson Drive
- 1.6 miles from WakeMed Cary Hospital
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
570
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 7,500-sf office building on a 2.41-acre lot with stoplight access at Highway 64 and Gregson Drive.
Where is this office building located?
The property is located at 5045 Old Raleigh Road Cary, NC.
What are key features of this property?
This property features: 7,500‑sf office building on a 2.41‑acre lot; Stoplight ingress/egress at Highway 64 and Gregson Drive; 1.6 miles from WakeMed Cary Hospital
