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    300 Ashville Ave Cary, NC 27518

    Sponsored
    For Lease
    $34 SF/Yr

    Prime Cary location, 7,097 SF available

    Lot size:
    62,464 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Medical Park 300, located at 300 Ashville Ave in Cary, NC 27518, presents a unique opportunity within Wake County's thriving medical community. This three-story, 62,464 square foot medical office building was constructed in 1998 and offers immediate access to Cary's WakeMed Campus. The building currently houses a diverse range of medical professionals and specialists, establishing a strong existing medical presence. Two suites are currently available, providing flexible space options. The minimum divisible space is 3,507 square feet, while the maximum contiguous space available is 3,590 square feet. A total of 7,097 square feet of vacant space is ready for immediate occupancy. This prime location in Cary's medical hub offers excellent visibility and accessibility, making it an ideal setting for medical practices seeking expansion or relocation. The building's strategic placement ensures convenient access for patients and staff alike. This is an exceptional opportunity to establish or expand your medical practice in a high-demand area with a well-established medical presence. Contact us today to learn more about this exceptional property and its potential.

    Property Features for 300 Ashville Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    62,464 SF
    Total Rate
    179584

    Building Details

    Year Built
    1998
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    3,507 SF
    Rate per SF
    $34
    Space
    Suite 220
    Size
    3,590 SF
    Rate per SF
    $34

    HighLights

    • Renovated lobby.
    • On‑site property management and maintenance.
    • Convenient location near restaurants, RDU Airport, and hotels.
    • Excellent access to major highways (I‑40, US‑64, US‑1, I‑440).
    Property Profile Location Intelligence

    Current Use by Public Records

    Wake Radiology UNC ... Radiologist Robert Mchale Psychiatrist Cary Dental Studio Dentist Lisa C. Sacco, ... Psychologist Duke Cancer Center ... Cancer Treatment Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7864784
    Latitude
    35.7394939

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    FAQs

    What type of property is this?
    Medical office - Prime Cary location, 7,097 SF available
    Where is this medical office located?
    The property is located at 300 Ashville Ave Cary, NC.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: Renovated lobby.; On-site property management and maintenance.; Convenient location near restaurants, RDU Airport, and hotels.
    Request Owner's contact information
    300 Ashville Ave Cary, NC 27518
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    Cary, NC 27518
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    Realmo Value Estimation

    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.

    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.

    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
    300 Ashville Ave Cary, NC 27518
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