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    201 Commonwealth Ct Cary, NC 27511

    Sponsored
    For Lease
    $21 SF/Yr

    2,377 SF Office Suite for Lease

    Lot size:
    14,646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,377 square foot office space is situated within a well-maintained, two-story Class B building located at 201 Commonwealth Ct, Cary, NC. The property boasts a total of 14,646 square feet, offering a quiet and convenient office environment. The building features a single suite currently available for lease, perfect for a business seeking a move-in ready space. The location offers easy access to major thoroughfares including Kildaire Farm Road, Cary Parkway, Maynard Road, and US 1/US 64 Highway, ensuring convenient commutes for employees and clients. The area is rich with nearby restaurants and retail amenities, providing ample options for lunch breaks and after-work activities. Parking is plentiful, with a generous 3.5 spaces per 1,000 square feet parking ratio. While the building does not have elevators, the two-story structure ensures easy accessibility. The property is zoned OI and located in Wake County. This multi-tenant building presents a fantastic opportunity for businesses seeking a functional and conveniently located office space. The available suite is part of a larger 14,646 square foot building, offering a professional and established presence. The quiet office park setting provides a peaceful work environment, while the strategic location ensures easy access to a variety of conveniences. This is an ideal space for businesses seeking a balance of tranquility and accessibility.

    Property Features for 201 Commonwealth Ct

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,646 SF
    Class
    B
    Total Rate
    26240.75

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 200
    Size
    2,377 SF
    Rate per SF
    $21

    HighLights

    • 14,646 SF multi‑tenant office building in Wake County.
    • 2,377 SF of vacant space available for lease.
    • Located in a quiet office park off Kildaire Farm Road, with easy access to Cary Parkway, Maynard Road, and US 1/US 64 Hwy.
    • Class B building with a 3.5 per 1,000 parking ratio.
    • Convenient to restaurants and retail amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    8Seasons Bead Wholesaler Padia Consulting Inc Engineer Carolina Family Estate ... Law Firm Visual Properties, LLC Video Production Service Triangle Funding, LLC Investment Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -78.78382511
    Latitude
    35.76781436

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    FAQs

    What type of property is this?
    Office Property / Space - 2,377 SF Office Suite for Lease
    Where is this office property / space located?
    The property is located at 201 Commonwealth Ct Cary, NC.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 14,646 SF multi-tenant office building in Wake County.; 2,377 SF of vacant space available for lease.; Located in a quiet office park off Kildaire Farm Road, with easy access to Cary Parkway, Maynard Road, and US 1/US 64 Hwy.
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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
    201 Commonwealth Ct Cary, NC 27511
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