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    Winston Hill Dr Cary, NC 27511

    Sponsored
    For Sale
    $2,400,000

    1.91 acre pad-ready site, ideal for medical/office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.913-acre commercial land parcel, located within the Searstone Planned Use Development in Cary, North Carolina, presents a unique investment opportunity. The site is pad-ready, boasting approved plans for a building up to 50,000 square feet. Conveniently situated near High House Road and Davis Drive, this property offers unparalleled access and visibility. The property includes access to 34 shared parking spaces across Winston Hill Drive within Searstone. A significant advantage is the streamlined construction process: the buyer is only responsible for constructing 12,000 square feet of a 36,000 square foot shared parking deck

    Property Features for 0 Winston Hill Dr

    General Information

    Property type
    Land
    Lot Size
    83,330 SF

    HighLights

    • 1.913‑acre pad‑ready site in Searstone.
    • Parcel numbers 0744526274 & 0744526479.
    • Site plan approved for up to 50,000 square feet of development.
    • Access to 34 shared parking spaces.
    • Buyer responsible for constructing 12,000 sf of a 36,000 sf shared parking deck; seller to construct remaining 24,000 sf.
    • 1.913‑acre lot size after parking recombination.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.84595264
    Latitude
    35.78892343

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    FAQs

    What type of property is this?
    Land - 1.91 acre pad-ready site, ideal for medical/office.
    Where is this land located?
    The property is located at Winston Hill Dr Cary, NC.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: 1.913-acre pad-ready site in Searstone.; Parcel numbers 0744526274 & 0744526479.; Site plan approved for up to 50,000 square feet of development.
    (919) 576-2501
    Request Owner's contact information
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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
    Winston Hill Dr Cary, NC 27511
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