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Property profile & analytics

500 Gregson Dr Cary, NC 27511

  • Office buildings
  • 105,907 SF
  • 14.71 lot acres
Value Estimation
Location Intelligence
Property ID
US53-1769908
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

  • American Airlines Federal Credit Union / Credit Union / Atm
  • Arista Networks Inc. / Software Company
  • Sellware / Software Company / Internet Marketing Service
  • Appraisal Nation / Real Estate Appraiser / Mortgage Lender
  • Pepsi Bottling Ventures / Corporate Office

Property Details for 500 Gregson Dr

Year built
1987
Construction
BRICK
Lot size
14.71 lot acres
Property size
105,907 SF
Zone code
ORD
Property type
Office buildings
APN
0752.18-41-9983 0073422
APU
752184199830073422

Description

This exceptional 9,963 square foot office suite, located within the 108,000 square foot, single-story building at 500 Gregson Drive in Wake County, presents a unique opportunity. Situated on a picturesque 33-acre site in MacGregor Park, this property boasts ample parking for 1,200 vehicles. The building, constructed in 1988, offers a high-tech infrastructure, including dual-feed power from two separate primary feeders and multiple Sonet rings, ensuring optimal telephone and data transmission speed and capacity. This makes it ideally suited for a variety of uses, including call centers, data centers, training facilities, engineering firms, or network operations centers. Suite 170, available in the second quarter of 2025, is highly adaptable and subdividable to meet specific tenant needs. The convenient location within MacGregor Park provides easy access to numerous hotels, restaurants, banks, and daycare centers. Furthermore, additional land is available for build-to-suit options, offering potential for expansion or customized development. This property represents a rare opportunity to secure prime office space in a desirable location with exceptional amenities and infrastructure.

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
-78.8147
Latitude
35.7335
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
2024
$127,454
$4,229,062
$10,971,202
$15,200,264
-
$4,229,062
$10,971,202
$15,200,264
More about this property
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