Listing Agency: AGNC

Listed By: jacob anderson · License #NC

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Aug 31 at 9:28PM

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Investment Insights

Based on property information with market context.

This O&I-zoned commercial land offering includes two tracts held under the same ownership. Utilities are available at the site, and multiple access points support site planning. The property is identified for potential development accommodating up to 35k sqft of surface-parked office, restaurant, or retail space. The ownership is open to subdivision and/or rezoning. Located at 10628 Penny Rd in Cary, NC 27518, the property provides a commercial land platform with several stated development and configuration options.

Key Highlights

• O&I‑zoned commercial land in Cary, NC
• Two tracts under the same ownership
• Multiple access points

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Auto Repair Shop Spa & Massage Center 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

137

Businesses Nearby

Explore this area Business Placement

Demographics for 27518, NC

21,807

Population

9,211

Households

2.4

Avg Household Size

43

Median Age

72%

College-Educated

97%

High-School Grad

9.9 sq mi

ZIP Area

2,203

Density / Sq Mi

$121,242

Median Household Income

$66,460

Median Earnings

$1,537

Median Rent

$594,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Utilities reach the site, which includes multiple access points and potential for commercial development.

Where is this commercial land located?

The property is located at 10628 Penny Rd Cary, NC.

What are key features of this property?

This property features: O&I‑zoned commercial land in Cary, NC; Two tracts under the same ownership; Multiple access points