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Financial
Distress signals
Property profile

102 Woodwinds Industrial Ct Cary, NC 27511

FOR LEASE
Other warehouses
Property ID
US53-5421337
12,000 SF 1.18 ac lot Built 1985
Last sale Jan 2023 · $1,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 12,000-square-foot industrial building located in the Cary Parkway Business Park on a 1.18-acre lot. The building is configured to be divisible into smaller spaces, with unit sizes as small as 2,000 square feet, and includes ample on-site parking. Interiors feature 10-foot ceiling heights and one drive-in door. The space includes an existing laboratory build-out, and the property is located in an industrial zoning district that supports a wide range of industrial and related uses. The property provides frontage suitable for building signage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.91M
Assessed land$321k
Assessed improvement$1.59M
Effective rate0.84%

Value estimate

· Oct 2026
$2.35M
$2.12M – $2.59M
AI approach$2.36M
CAP approach$1.44M
Submarket $/SF estimate$1.58M
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$17k
Operating expenses−$29k
NOI · 246,769.93% cap applied$54k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$227/SF
Submarket average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$152 – $308
Qualifying comparables5

Cap rate analysis

How does the asset earn?
246,769.93%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
I-CU: Industrial district. (C) Town Center Subdistricts (1) TC-HMXD-CU: High Intensity Mixed Use subdistrict; (2) TC-MXD-CU: Mixed Use su...
General categoryINDUSTRIAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency48.1
Restaurant46.0
Law Firm36.2

Location

102 Woodwinds Industrial Ct Cary, NC 27511
County assessor Recorded deeds · 8 transfers 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
125 Woodwinds Industrial, Cary, NC 27511-6240 $1,450,000 Aug 2024 5,790 SF
527 Chatham, Cary, NC 27511-6933 $1,050,000 Aug 2022 7,008 SF
523 Old Apex, Cary, NC 27511-6709 $1,200,000 Jul 2020 5,250 SF
900 Chatham, Cary, NC 27511-6950 $1,930,000 Nov 2019 19,964 SF
110 Woodwinds Industrial, Cary, NC 27511-6217 $1,625,000 Jul 2019 7,250 SF
605 Chatham, Cary, NC 27511-6910 $745,000 Mar 2019 6,160 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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