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    8200 Regency Pkwy Cary, NC 27518

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    For Sale
    Contact for pricing

    47 Acres, Prime Cary Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 47.41-acre site in Cary, North Carolina, presents a unique mixed-use development opportunity. Located in Wake County, with APN 0762015215, this property boasts a prime location within a thriving area, offering convenient access to key amenities. Zoned GC (General Commercial) and previously R40 (Residential 40), the land is designated for Business/Industrial Park use within the Town of Cary's Future Growth Framework. This allows for diverse development options, including corporate offices, research facilities, light industrial uses, and potentially residential components. The site's strategic position near the Koka Booth Amphitheater, WakeMed Cary Hospital, and the Waverly Place retail and dining district ensures high visibility and accessibility. Its proximity to Research Triangle Park and RDU International Airport (less than 20 minutes away) further enhances its appeal. This substantial parcel offers developers a chance to create a landmark project in one of North Carolina's most desirable and affluent zip codes (27518), benefiting from Cary's robust economic growth and emphasis on integrated, mixed-use developments. The address is 8200 Regency Parkway. This is a truly exceptional opportunity for a significant development project.

    Property Features for 8200 Regency Pkwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    2,065,180 SF

    HighLights

    • 47.41‑acre mixed‑use development site in Cary, NC.
    • Zoned GC (General Commercial) and R40 (Residential), with a Future Growth Framework designation of Business/Industrial Park.
    • Prime location near Koka Booth Amphitheater, WakeMed Cary Hospital, and Waverly Place.
    • Less than 20 minutes from Research Triangle Park and RDU International Airport.
    • Wake County PINs 0762015215 and 0752914497.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -78.7959939
    Latitude
    35.731636

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    FAQs

    What type of property is this?
    Multifamily property - 47 Acres, Prime Cary Location
    Where is this multifamily property located?
    The property is located at 8200 Regency Pkwy Cary, NC.
    What are key features of this property?
    This property features: 47.41-acre mixed-use development site in Cary, NC.; Zoned GC (General Commercial) and R40 (Residential), with a Future Growth Framework designation of Business/Industrial Park.; Prime location near Koka Booth Amphitheater, WakeMed Cary Hospital, and Waverly Place.
    Request Owner's contact information
    8200 Regency Pkwy 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
    8200 Regency Pkwy Cary, NC 27518
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