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    2205 Evans Rd Cary, NC 27513

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    For Sale
    Contact for pricing

    Cary, NC commercial land, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering in Cary, North Carolina presents a unique development opportunity. Encompassing approximately 1.38 to 3.39 acres, the property boasts a highly visible location at the intersection of Evans Road (18,000 vehicles per day) and Weston Parkway (17,500 vehicles per day) in the Weston Major Planned Development District (PDD). Zoned Office and Institutional (O&I) with a Commercial District Overlay (CDO), this site allows for a wide range of commercial uses, including retail stores, restaurants, and offices. The land features rough-graded pads with existing municipal water, sewer, and stormwater infrastructure in place, simplifying the development process. The area demonstrates strong demographics, with an average household income exceeding $143,000 within a one-mile radius, and a robust employer base including Metlife, Biologics, Inc., Pennymac, and Intel Corporation, situated in nearby Lakeview and Centre Green Business Parks. The site's proximity to major roadways—three minutes from Highway 54, five minutes from I-40, and ten minutes from I-540—further enhances its appeal. The lack of established retail within a one-mile radius presents a significant opportunity to serve the substantial residential and employment population. The property's APN numbers are 0755760051, 0755752748, 0755751632, and 0755764026. The site is ideally positioned to capitalize on the growth and development within the Research Triangle Park area.

    Property Features for 2205 Evans Rd

    General Information

    Property type
    Land
    Lot Size
    60,113 SF

    HighLights

    • High‑visibility corner lot in Cary, NC, at Evans Road (18,000 VPD) and Weston Parkway (17,500 VPD).
    • Strong demographics: Average household income exceeding $143,000 within one mile.
    • Ready‑to‑build pads with existing water, sewer, and stormwater infrastructure.
    • O&I zoning with Commercial District Overlay allows diverse commercial development.
    • Excellent location near major employers (MetLife, Biologics, Pennymac, Intel) and major highways (US‑54, I‑40, I‑540).
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM (First Citizens ... Atm

    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
    -78.8070663
    Latitude
    35.826378

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    FAQs

    What type of property is this?
    Land - Cary, NC commercial land, prime location
    Where is this land located?
    The property is located at 2205 Evans Rd Cary, NC.
    What are key features of this property?
    This property features: High-visibility corner lot in Cary, NC, at Evans Road (18,000 VPD) and Weston Parkway (17,500 VPD).; Strong demographics: Average household income exceeding $143,000 within one mile.; Ready-to-build pads with existing water, sewer, and stormwater infrastructure.
    Request Owner's contact information
    2205 Evans Rd Cary, NC 27513
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    Cary, NC 27513
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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
    2205 Evans Rd Cary, NC 27513
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