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    4417 Nc-55 Hwy Cary, NC 27519

    Sponsored
    For Sale
    $1,250,000

    Prime 1.98-acre commercial lot near I-540.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.98-acre commercial land parcel is strategically located at 4417 NC-55 Hwy in Cary, North Carolina, offering unparalleled visibility and accessibility. Boasting premium frontage on NC Highway 55, this property enjoys daily traffic counts exceeding 23,500 vehicles. Its proximity to I-540 ensures convenient access to Research Triangle Park and the wider region. Situated within the Alston Regional Activity Center Mixed-use Overlay District (TAX 4), this site presents significant development potential. Utilities are readily available on-site. The property's Wake County PIN is 0735576503. The asking price for this high-demand location is $1,250,000. With hundreds of new homes under construction nearby, this land presents a unique opportunity for investors seeking a high-growth area with excellent infrastructure and strong demographics. This is a rare chance to acquire a prime commercial lot in a thriving North Carolina market.

    Property Features for 4417 Nc-55 Hwy

    General Information

    Property type
    Land
    Lot Size
    86,249 SF

    HighLights

    • 1.98‑acre site
    • Utilities available
    • Located in Alston Regional Activity Center Mixed‑Use Overlay District (TAZ 4)
    • High traffic counts exceeding 23,500 vehicles daily
    • Wake County PIN 0735576503
    • $1,250,000 sale price
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.879881
    Latitude
    35.831369

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    FAQs

    What type of property is this?
    Land - Prime 1.98-acre commercial lot near I-540.
    Where is this land located?
    The property is located at 4417 Nc-55 Hwy Cary, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 1.98-acre site; Utilities available; Located in Alston Regional Activity Center Mixed-Use Overlay District (TAZ 4)
    (919) 576-2501
    Request Owner's contact information
    4417 Nc-55 Hwy 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
    4417 Nc-55 Hwy Cary, NC 27519
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