Listing Agency: Lee & Associates - Raleigh Durham m***@lee-associates.com Show Phone

Listed By: Moss Withers · License #NC

Source: Crexi

Added: Mar 22, 2023 Changed: Aug 27 Last Checked: Aug 31 at 7:31PM

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Investment Insights

Based on property information with market context.

This 27.25-acre land redevelopment opportunity is located in Cary, North Carolina, an affluent submarket in the Raleigh-Durham metro area. The site is situated at the corner of East Chatham Street and Southeast Maynard Road in Downtown Cary, minutes from Fenton, a new, high-end mixed-use center. Nearby I-40 and I-440 provide connectivity to major employment centers throughout the region, including the Weston Parkway area (9 minutes), Downtown Raleigh (15 minutes), and the Research Triangle Park (14 minutes).

Key Highlights

• 27.25‑acre land redevelopment opportunity.
• Located in downtown Cary, an affluent submarket of Raleigh‑Durham.
• Minutes from Fenton, a new, high‑end mixed‑use center.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Catering Service (Bike/Boat/Book/etc) Store Butcher Wine and Liquor Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,009

Businesses Nearby

Explore this area Business Placement

Demographics for 27511, NC

32,786

Population

14,359

Households

2.3

Avg Household Size

42

Median Age

58%

College-Educated

93%

High-School Grad

11.7 sq mi

ZIP Area

2,802

Density / Sq Mi

$104,072

Median Household Income

$50,778

Median Earnings

$1,436

Median Rent

$416,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 27.25-acre land redevelopment opportunity in Cary, North Carolina.

Where is this commercial land located?

The property is located at 607 Cedar St Cary, NC.

What are key features of this property?

This property features: 27.25‑acre land redevelopment opportunity.; Located in downtown Cary, an affluent submarket of Raleigh‑Durham.; Minutes from Fenton, a new, high‑end mixed‑use center.