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    OFF-MARKET
    Commercial land

    8704 Chapel Hill Rd, Cary, NC 27513

    984 SF Built 1952
    Property ID
    US53-1727631
    Property summary
    AI-generated overview

    Located within the Town of Cary's Town Center Zoning Area, this property offers a unique opportunity in a highly active and evolving corridor. The Town Center district is intended to support a mix of residential and non-residential uses, subject to applicable zoning standards and approvals. The home has been very tastefully remodeled, offering a contemporary, modern feel throughout. Enjoy the convenience of being within walking distance to downtown Cary Park, as well as easy access to major roads, nearby retail, dining, and employment centers. Sitting on a .29-acre yard, the property features an outdoor free-standing garage with potential storage space if needed. There is also potential for adding an ADU, subject to verification and approval by the Town of Cary. All current and future use, zoning, and development potential must be independently verified by the buyer with the Town of Cary Planning Development Services. Buyer to confirm permitted uses, density, dimensional standards, parking requirements, and any required approvals. House measurements are approximate. Exterior photos from a previous season. *

    Property profile
    Verified
    Property type Commercial land
    Year built 1952
    Total area 984 SF
    UPID US53-1727631
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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