0 Davis Dr And Mccrimmon Pkwy Cary, NC 27519
This exceptional 7.11-acre commercial land parcel is strategically located at the highly visible intersection of Davis Drive and McCrimmon Parkway in Cary, North Carolina (27519). Zoned R-40, this property offers unparalleled access to major transportation arteries including Interstates 440 and 540, NC-54 Highway, and the Research Triangle Park. Its central location within the Cary/Morrisville market, and proximity to the affluent West Cary area, presents a significant investment opportunity. The property benefits from high visibility along Davis Drive and McCrimmon Parkway, sitting directly across from the Harris Teeter-anchored McCrimmon Corners retail center and less than a mile from a new 103,000 sq ft Wegmans supermarket. Further enhancing its appeal is its close proximity (a five-minute drive) to the new Apple campus, a $1 billion investment projected to create over 3,000 high-paying jobs. The land is priced at $4,645,674, with a land value of $15 per square foot. This prime location and surrounding amenities make this property ideal for a variety of commercial developments. The property's size and zoning provide significant flexibility for future development plans.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.