Cary Land Investment
For Sale
$500,000
517 Sorrell Street, Cary, NC 27513
0.39-acre lot near downtown Cary, ideal for development.
Property SizeContact for details
Lot Size0.39 Acres
Days on Market470
Property Features for 517 Sorrell Street
General Information
Standard status
Active
Lot size
0.39 Acres
Property subtype
Land / Unimproved Land
Taxes and HOA fees
Annual Taxes
$2,472
Amenities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
No
Listing Agency:
The Douglas Realty Group
(919) 244-1849
Listed By:
Leslie Douglas · License #256873
(919) 244-1849
Source:
Compass
Added: Apr 30, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:56AM
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 The Douglas Realty Group
Investment Insights
Based on property information with market context.
Located at 517 Sorrell St in Cary, NC, this 0.39-acre plot of land presents a prime investment opportunity within the Maynard Loop. Its location offers convenient access to downtown Cary, I-40, Amtrak, and RDU Airport. The generous lot depth allows for a spacious backyard. Current zoning permits the potential construction of single-family homes or a duplex, making it a versatile option for builders and investors. Two adjacent properties at 511 Sorrell St and 519 Sorrell St are also for sale, presenting an opportunity for collective development or larger investment projects.
Key Highlights
- Prime location in Cary's Maynard Loop, offering convenience to downtown Cary, I‑40, Amtrak, and RDU Airport.
- 0.39‑acre lot with generous depth, suitable for a spacious backyard.
- Zoning allows for single‑family homes or duplex construction.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 27513, NC
46,526
Population
21,204
Households
2.2
Avg Household Size
39
Median Age
68%
College-Educated
97%
High-School Grad
16.4 sq mi
ZIP Area
2,837
Density / Sq Mi
$119,458
Median Household Income
$66,584
Median Earnings
$1,491
Median Rent
$468,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 0.39-acre lot near downtown Cary, ideal for development.
Where is this residential land & home lot located?
The property is located at 517 Sorrell Street Cary, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime location in Cary's Maynard Loop, offering convenience to downtown Cary, I‑40, Amtrak, and RDU Airport.; 0.39‑acre lot with generous depth, suitable for a spacious backyard.; Zoning allows for single‑family homes or duplex construction.
