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Financial
Distress signals
Property profile

5045 Old Raleigh Rd Cary, NC 27511

OFF-MARKET
Medical Office Space
Property ID
US53-1354132
4,636 SF 2.41 ac lot Built 1995
Last sale Dec 2021 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property consists of a 7,500-square-foot freestanding office building on a 2.41-acre lot. The parcel size provides potential for future on-site building expansion, subject to applicable approvals. Vehicle access is provided via stoplight-controlled ingress and egress at the intersection of Highway 64 and Gregson Drive, and the property is located approximately 1.6 miles from WakeMed Cary Hospital.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.40M
Assessed land$840k
Assessed improvement$562k
Effective rate1.00%

Value estimate

· Oct 2026
$1.61M
$1.45M – $1.77M
AI approach$1.60M
Submarket $/SF estimate$1.95M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$345/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$274 – $420

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OI
The OI district provides for the development of offices and community institutions that have similar development characteristics and requ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.2
Building Supply17.7
Restaurant16.3

Location

5045 Old Raleigh Rd Cary, NC 27511-6479
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
160 Macgregor Pnes Dr, Cary, NC 27511-6037 $1,117,000 May 2023 2,902 SF
160 Macgregor Pnes Dr, Cary, NC 27511-6037 $1,500,000 Aug 2022 4,296 SF
1149 Kildaire Farm, Cary, NC 27511-4555 $1,331,000 Nov 2020 4,630 SF
1831 Lk Pne Dr, Cary, NC 27511-6050 $1,200,000 Oct 2020 3,504 SF
790 Cary Pkwy, Cary, NC 27511-5678 $1,925,000 Jan 2019 4,712 SF
1152 Executive, Cary, NC 27511-4578 $950,000 Oct 2018 7,310 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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