Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    746 Maynard Rd Cary, NC 27511

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    746 Maynard Rd Cary, NC 27511

    View on Map
    • Neighborhood centers
    • 4,381 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 746 Maynard Rd

    Property size
    4,381 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 4,381 square foot executive office suite is available for lease in Cary, North Carolina. Located at 746 Southeast Maynard Road, in Wake County, this single-tenant property offers a significant opportunity for businesses seeking a prominent presence in a thriving market. The property is classified as both retail and office space, and its "strip center" subtype suggests a convenient and accessible location. The entire building is currently vacant, presenting a blank canvas for a discerning tenant to customize the space to their exact specifications. With a total of 4,381 square feet, the building offers ample room for various office configurations, potentially including reception areas, private offices, collaborative workspaces, and support areas. The property's location in Cary, NC, zip code 27511, provides easy access to major transportation routes, amenities, and a skilled workforce. This is an ideal opportunity for a company seeking a high-visibility, well-situated office space in a dynamic and growing area. The property's single-tenant status ensures privacy and control over the entire building. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7633
    Latitude
    35.7701

    Comparable in this City

    • Value Estimation by Request
      102,000 SF

      Walnut St

      Individual retail properties • 102,000 SF
      0 Walnut St, Cary, NC 27511
      View Details
    • Value Estimation
      $915,000
      12,285 SF

      1207 Kildaire Farm Rd

      SHOPPING CENTER, STRIP CENTER • 12,285 SF
      1207 Kildaire Farm Rd, Cary, NC 27511-7704
      View Details
    • Value Estimation
      $1,200,000
      14,960 SF

      682 Cary Towne Blvd

      SHOPPING CENTER, STRIP CENTER • 14,960 SF
      682 Cary Towne Blvd, Cary, NC 27511-4220
      View Details
    • Value Estimation
      $2,045,000
      28,144 SF

      657 Cary Towne Blvd

      SHOPPING CENTER, STRIP CENTER • 28,144 SF
      657 Cary Towne Blvd, Cary, NC 27511-4219
      View Details
    • Value Estimation
      $30,240,000
      11,859 SF

      107 Edinburgh S Dr

      SHOPPING CENTER, STRIP CENTER • 11,859 SF
      107 Edinburgh S Dr, Cary, NC 27511-8426
      View Details
    • Value Estimation
      $1,130,000
      18,078 SF

      106 Kilmayne Dr

      SHOPPING CENTER, STRIP CENTER • 18,078 SF
      106 Kilmayne Dr, Cary, NC 27511-4465
      View Details

    Similar Nearby for Sale

    • $2,950,000
      7,328 SF

      Cary Retail Building - Investment Opportunity

      Prime Cary location, 7,328 sq ft, two-story retail building.
      105 Baines Ct, Cary, NC 27511
      View Details
    • Contact for pricing

      Retail Space in Downtown Cary

      Retail space in a mixed-use development in downtown Cary.
      352 South Walker St, Cary, NC 27511
      View Details
    • $345,000
      12 SF

      Cary Office Condo - Prime Location

      1200 sq ft Office Suite, Excellent Access
      1200 Maynard Rd, Cary, NC 27511
      View Details
    • Contact for pricing

      New Office and Retail Development

      New 80,548 SF office and retail development available for pre-leasing.
      155 W Chatham St, Cary, NC 27511
      View Details
    • $850,000
      7,920 SF

      New Retail Strip Center ForSale

      7,920 SF multi-tenant building in a thriving commercial market.
      947 West Chatham St, Cary, NC 27511
      View Details
    • Contact for pricing

      Downtown Cary Mixed-Use Development

      New office and retail spaces in downtown Cary.
      Walnut St, Cary, NC 27511
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Office & Retail Development

      Office and retail spaces for lease in downtown Cary.
      Walnut St, Cary, NC 27511
      View Details
    • Contact for pricing

      Mixed-Use Destination in Cary

      Vertically integrated mixed-use destination for rent in Cary.
      1085 Fenton Gtwy Dr, Cary, NC 27511
      View Details
    • Contact for pricing

      New Office and Retail Development

      New 80,548 SF office and retail space for lease.
      155 W Chatham St, Cary, NC 27511
      View Details
    • Contact for pricing

      Cary Office Space Available

      Office space for lease in Cary, North Carolina.
      1155 Kildaire Farm Rd, Cary, NC 27511
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Cary, North Carolina.
      107 Edinburgh South Dr, Cary, NC 27511
      View Details
    • Contact for pricing

      Fenton Mixed-Use Destination Pad

      Pad ready for sublease in Cary's Fenton Gateway.
      1085 Fenton Gtwy Dr, Cary, NC 27511
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    746 Maynard Rd
    Cary, NC 27511
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    746 Maynard Rd, Cary, NC, 27511

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!