The property is a multi-space commercial building configured for mixed use, historically operated as an independent contractor salon and shared office/studio arrangement. The interior layout includes multiple independent work areas with wash stations in each space, supported by a shared lobby and a combined bath/laundry room. This configuration provides shared access while maintaining designated stations for each tenant/work area. The building is located in downtown Cary, near Chatham Street, within a central business area.

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?

$2k

Tax billed · 2023

Assessed value$182k

Assessed land$99k

Assessed improvement$83k

Effective rate1.00%

Value estimate

· Nov 2026

$565k

$509k – $622k

AI approach$615k

Submarket $/SF estimate$460k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$591/SF

Submarket average, outlier-cleaned · 21 recorded sales of this use type

Observed band · Q1–Q3$341 – $992

Qualifying comparables9

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?

GCP

JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?

Best fit: Wholesale Shop

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Wholesale Shop9.3

Locksmith9.1

Electrical Service8.8

213 Waldo St Cary, NC 27511-3454

County assessor Recorded deeds · 2 transfers 9 qualifying comp sales 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 · 9 properties nearby

Address Sale price Sold Size

108 Byrum, Cary, NC 27511-3402 $4,500,000 Jan 2024 980 SF

406 Faculty, Cary, NC 27511-3314 $475,000 Jan 2023 1,344 SF

607 Chatham, Cary, NC 27511-6910 $1,700,000 Sep 2022 932 SF

1500 Walnut, Cary, NC 27511-5927 $550,000 Aug 2022 1,514 SF

106 Dry, Cary, NC 27511-3313 $950,000 Jul 2022 1,516 SF

304 Mayton Vw, Cary, NC 27511-3355 $585,000 Jun 2020 1,034 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

Value Estimation
$1,790,000

932 SF

607 Chatham St

OFFICE/RESIDENTIAL (MIXED USE)

607 Chatham St, Cary, NC 27511-6910

View Details
Value Estimation
$240,000

914 SF

266 Chatham St

OFFICE/RESIDENTIAL (MIXED USE)

266 Chatham St, Cary, NC 27511-3244

View Details
Value Estimation
$4,500,000

980 SF

108 Byrum St

OFFICE/RESIDENTIAL (MIXED USE)

108 Byrum St, Cary, NC 27511-3402

View Details
Value Estimation
$290,000

1,068 SF

237 Chatham St

OFFICE/RESIDENTIAL (MIXED USE)

237 Chatham St, Cary, NC 27511-3243

View Details
Value Estimation
$235,000

735 SF

247 Chatham St

OFFICE/RESIDENTIAL (MIXED USE)

247 Chatham St, Cary, NC 27511-3243

View Details
Value Estimation
$485,000

1,344 SF

406 Faculty Ave

OFFICE/RESIDENTIAL (MIXED USE)

406 Faculty Ave, Cary, NC 27511-3314

View Details

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213 Waldo St Cary, NC 27511

Property summary