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Property profile & analytics

1505 Cary Pkwy Cary, NC 27511

  • Medical offices
  • 66,380 SF
  • 4.86 lot acres
Value Estimation
Location Intelligence
Property ID
US53-1143473
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Foley Orthodontics / Orthodontist
  • North Carolina Surgery at Cary / Surgical Center
  • Raleigh Endoscopy Center – Cary / Surgical Center
  • REX Surgery Center of Cary, LLC / Surgical Center
  • Tjalma Jamie L / Physical Therapist

Property Details for 1505 Cary Pkwy

Year built
2002
Construction
BRICK
Lot size
4.86 lot acres
Property size
66,380 SF
Zone code
GC
Property type
Medical offices
Property subtype
Medical centers
APN
0752.07-69-5563 0296855
APU
752076955630296855

Description

The Rex Cary Medical Office building, located at 1505 SW Cary Pkwy in Cary, NC 27511, presents a unique opportunity for medical professionals. This three-story building, constructed in 2003, offers a total of 63,554 square feet of space, with multiple suites available for lease. Currently, there are 8,436 square feet of vacant space, divisible into units ranging from a minimum of 1,078 square feet to a maximum contiguous space of 4,693 square feet. The building boasts a total of three suites. The property is situated in Wake County and enjoys a convenient location with covered patient drop-off. This well-established medical office building is anchored by Rex Surgery Center and includes other key tenants such as Raleigh Endoscopy Center-Cary, North Carolina Heart & Vascular, Raleigh ENT Head and Neck Surgery, and Caroline Foot & Ankle Specialists. The building's prime location and established tenant base make it an attractive investment opportunity for medical practices seeking a high-profile presence in the thriving Cary market. The building's design and amenities cater specifically to the needs of medical practices, ensuring a comfortable and efficient environment for both patients and staff.

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
-78.8094
Latitude
35.7543
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$135,855
$2,371,062
$11,187,322
$13,558,384
-
$2,371,062
$11,187,322
$13,558,384
More about this property
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