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    2310 Davis Dr Cary, NC 27519

    For Sale
    $1,400,000

    0.824-acre pad-ready site in Cary, NC.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.824-acre commercial land parcel, located at 2310 Davis Drive in Cary, North Carolina (27519), presents a unique investment opportunity. Priced at $1,400,000, this pad-ready site boasts completed offsite improvements, eliminating significant upfront development costs. The property requires no setbacks or buffers, simplifying the construction process. All utilities are readily available at the site. Its ideal location within the Searstone Planned Unit Development (PUD) offers strong visibility along Davis Drive, with close proximity to the High House Road intersection, ensuring high traffic exposure. This lot is perfectly suited for restaurant or retail development. The site can accommodate a 5,000 square foot retail building with a single drive-thru lane and at least 22 on-site parking spaces. An additional 34 parking spaces are currently under construction adjacent to the property, further enhancing its appeal. Access easements are already in place, and adjacent parking spaces necessary for access will be constructed by others. This prime location and comprehensive infrastructure make this a truly exceptional opportunity for commercial development in a thriving Cary market.

    Property Features for 2310 Davis Dr

    General Information

    Property type
    Land
    Lot Size
    35,893 SF

    HighLights

    • 0.824‑acre lot (Lot 1) in Cary, NC.
    • Pad‑ready site with completed offsite improvements.
    • No setbacks or buffers required.
    • All utilities available on‑site.
    • Ideal for restaurant or retail development.
    • Accommodates 5,000 SF retail building with a drive‑thru and 22+ on‑site parking spaces; 34 additional spaces under construction nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Myers Corp Air Conditioning System Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.84620604
    Latitude
    35.78871189

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    FAQs

    What type of property is this?
    Land - 0.824-acre pad-ready site in Cary, NC.
    Where is this land located?
    The property is located at 2310 Davis Dr Cary, NC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 0.824-acre lot (Lot 1) in Cary, NC.; Pad-ready site with completed offsite improvements.; No setbacks or buffers required.
    (919) 576-2501
    Request Owner's contact information
    2310 Davis Dr Cary, NC 27519
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    Cary, NC 27519
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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
    2310 Davis Dr Cary, NC 27519
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