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    Property profile & analytics

    1255 Crescent Grn Cary, NC 27518

    • Office Properties & Spaces
    • 146,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Community Care of North Carolina, Inc. / Health Consultant
    • Senior Resource Alliance of the Triangle / Association / Organization
    • FedEx Drop Box / Mailing Service
    • Cary Keisler Inc / General Contractor
    • PlanWell Legal / Estate Planning Attorney

    Property Details for 1255 Crescent Grn

    Year built
    2008
    Property size
    146,000 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Office space

    Description

    Crescent Lakeside II offers exceptional Class A executive office space in Cary's desirable Crescent business park. This four-story, 146,000 square foot building, constructed in 2008, boasts a striking brick and glass exterior. Two suites are currently available, ranging from 4,811 to 20,972 contiguous square feet, with a total of 25,783 square feet currently vacant. The building features a beautifully landscaped plaza with outdoor seating, enhancing the professional atmosphere. On-site amenities include vending machines, an express mail drop, showers, and a first-class fitness center, catering to the needs of tenants and employees. Located south of Tryon Road, between Kildaire Farm Road and Regency Parkway, Crescent Lakeside II benefits from its strategic location within the thriving Crescent multi-use business park. This vibrant community offers a wealth of conveniences within a one-mile radius, including shopping, banking, hotels, restaurants, a Lifetime Fitness facility, and diverse housing options. Excellent accessibility is ensured by proximity to WakeMed Cary Hospital and US Highways 1 and 64, providing quick connections to Interstates 40, 440, and 540. Ample parking is available with 772 spaces. This property presents a unique opportunity for businesses seeking a prestigious and well-appointed office environment in a highly convenient location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7854
    Latitude
    35.7312

    Comparable in this City

    • Value Estimation by Request
      2,616 SF

      135 Parkway Office Ct

      Office Properties & Spaces • 2,616 SF
      135 Parkway Office Ct, Cary, NC 27518
      View Details
    • Value Estimation by Request
      47.41 Acres

      8200 Regency Pkwy

      Multifamily properties • 47.41 Acres
      8200 Regency Pkwy, Cary, NC 27518
      View Details
    • Value Estimation by Request
      91,227 SF

      115 Kildaire Park Dr

      Medical offices • 91,227 SF
      115 Kildaire Park Dr, Cary, NC 27518
      View Details
    • Value Estimation by Request
      279,454 SF

      11000 Regency Pkwylh

      OFFICE BUILDING • 279,454 SF
      11000 Regency Pkwylh, Cary, NC 27518-8518
      View Details
    • Value Estimation by Request
      28,801 SF

      150 Pkwy Ofc Ct

      MEDICAL BUILDING • 28,801 SF
      150 Pkwy Ofc Ct, Cary, NC 27518-7439
      View Details
    • Value Estimation by Request
      478 SF

      511 Keisler Dr Ste, Unit 104

      OFFICE BUILDING • 478 SF
      511 Keisler Dr Ste, Cary, NC 27518-7096
      View Details

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    • Contact for pricing
      47.41 Acres

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      47 Acres, Prime Cary Location
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    • $981,000
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      Cary Office Condo: Prime Location

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    • Contact for pricing
      87,000 SF

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    Similar Nearby for Lease

    • $8 SF/Yr
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      Cary Office Space: Regus 2500 Regency Parkway

      Flexible Workspace Solutions in Cary, NC
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    • $20 SF/Yr
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      Retail and Office Space Available

      Retail and office spaces for lease in Cary, North Carolina.
      2425 Kildaire Farm Rd, Cary, NC 27518
      View Details
    • Contact for pricing
      10,820 SF

      Mixed-Use Lifestyle Center in Cary

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    • $26 SF/Yr
      7,135 SF

      Cary Office Sublease: 7,135 SF

      Class A Office Space, Cary, NC. Sublease opportunity.
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    • $27 SF/Yr
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      Class A Office Suites Available

      First-floor suites for lease in desirable Cary location.
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      View Details
    • $17 SF/Yr
      94,304 SF

      Cary Executive Office Space

      Prime Cary location, 3,853 sq ft available.
      1100 Crescent Grn, Cary, NC 27518
      View Details
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    1255 Crescent Grn
    Cary, NC 27518
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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
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