105 Baines Ct Cary, NC 27511
- Retail space
- 7,192 SF
- 0.71 lot acres
Current Use by Public Records
- Tanas Hair Designs & Day Spa / Waxing Hair Removal Service / Electrolysis Hair Removal Service
- Essence of Skin Electrolysis / Electrolysis Hair Removal Service
Property Details for 105 Baines Ct
- Year built
- 2004
- Construction
- BRICK
- Lot size
- 0.71 lot acres
- Property size
- 7,192 SF
- Zone code
- OIP
- Property type
- Retail space
- APN
- 0763.19-50-0495 0132210
- APU
- 763195004950132210
Description
This exceptional two-story commercial property, located at 105 Baines Ct in Cary, North Carolina (27511), presents a fantastic investment opportunity. Built in 2004, the 7,328 square foot building sits on a 0.71-acre lot and offers a prime location near the intersection of SW Cary Parkway and Kildaire Farm Road. Previously used as a salon, this versatile space is adaptable to a wide range of retail businesses, making it an ideal investment for savvy entrepreneurs. The building's two stories provide ample space for various configurations, catering to diverse business needs. The asking price for this remarkable property is $2,950,000. Its strategic location in the thriving Cary market ensures high visibility and accessibility, promising strong returns for the discerning investor. The property's size and adaptability make it a truly unique opportunity in a highly desirable area of Wake County. Don't miss this chance to acquire a well-situated, versatile commercial property in a rapidly growing market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $675,000
- 6.5%
- $660,000
- 7%
- $630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $610,000
- Geo Method
- $670,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $695,000
- Retail
- $670,000
- Mixed-Use
- $695,000
- Hospitality
- $730,000
- Educational
- $720,000
- Residential Income
- $550,000
- Energy
- $725,000
- Income-Based Land
- $715,000
- Food Service
- $710,000
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7806
- Latitude
- 35.7569
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA