Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1000 Cres Grn Cary, NC 27518-8116

    • Medical offices
    • 16,704 SF
    • 1.75 lot acres
    OFF-MARKET
    Value Estimation
    $6,880,000
    Last Sale
    Jun 02, 2022
    $6,500,000
    Location Intelligence
    Property ID
    US53-1268419
    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

    • Riccobene Dentistry for Kids / Dental Clinic / Emergency Dental Service
    • Riccobene Associates Family Dentistry / Dental Clinic / Emergency Dental Service
    • Cary Center for GI Health / Medical Clinic
    • Dr. Michael R. Pike, MD / Gastroenterologist
    • Cherry Janette K / Nursing Agency

    Property Details for 1000 Cres Grn

    Year built
    1999
    Construction
    BRICK
    Lot size
    1.75 lot acres
    Property size
    16,704 SF
    Zone code
    OIP
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    0762.19-51-7937 0245607
    APU
    762195179370245607

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,010,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,805,000
      6.5%
      $6,190,000
      7%
      $6,960,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,940,000
      Geo Method
      $6,015,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,280,000
      Retail
      $5,865,000
      Mixed-Use
      $5,395,000
      Hospitality
      $6,795,000
      Educational
      $5,405,000
      Residential Income
      $6,175,000
      Energy
      $6,700,000
      Income-Based Land
      $5,970,000
      Food Service
      $5,410,000

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7785
    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
    2023
    $39,594
    $841,579
    $3,109,905
    $3,951,484
    -
    $841,579
    $3,109,905
    $3,951,484

    Comparable in this City

    • Value Estimation by Request
      28,801 SF

      150 Pkwy Ofc Ct

      MEDICAL BUILDING • 28,801 SF
      150 Pkwy Ofc Ct, Cary, NC 27518-7439
      View Details
    • Value Estimation by Request
      33,758 SF

      1120 Cary Pkwy

      MEDICAL BUILDING • 33,758 SF
      1120 Cary Pkwy, Cary, NC 27518-7413
      View Details
    • Value Estimation by Request
      4,434 SF

      580 New Waverly Pl Ste, Unit 120

      MEDICAL BUILDING • 4,434 SF
      580 New Waverly Pl Ste, Cary, NC 27518-7406
      View Details
    • Value Estimation
      $1,470,000
      5,141 SF

      251 Keisler Dr Ste, Unit 200

      MEDICAL BUILDING • 5,141 SF
      251 Keisler Dr Ste, Cary, NC 27518-7091
      View Details
    • Value Estimation
      $335,000
      2,380 SF

      515 Keisler Dr Ste, Unit 204

      MEDICAL BUILDING • 2,380 SF
      515 Keisler Dr Ste, Cary, NC 27518-7097
      View Details
    • Value Estimation
      $6,200,000
      1,630 SF

      226 Ashville Ave Ste, Unit 10

      MEDICAL BUILDING • 1,630 SF
      226 Ashville Ave Ste, Cary, NC 27518-6660
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      87,000 SF

      Class A Medical Office Development

      Medical office development near WakeMed Cary Hospital.
      115 Kildaire Park Dr, Cary, NC 27518
      View Details
    • $917,244
      15,000 SF

      Medical Office Condo For Sale

      Medical office condo in Cary's medical district, near Wakemed hospital.
      251 Keisler Dr, Cary, NC 27518
      View Details
    • $2,400,000
      4,800 SF

      Cary Lab Condo For Sale

      4,800 SF lab condo in Parkway Professional Park.
      100 Parkway Office Ct, Cary, NC 27518
      View Details
    • $981,000
      2,616 SF

      Cary Office Condo: Prime Location

      2,616 SF Office Condo, Vacant, Owner-User Opportunity
      135 Parkway Office Ct, Cary, NC 27518
      View Details
    • Contact for pricing
      47.41 Acres

      Cary Mixed-Use Development Land

      47 Acres, Prime Cary Location
      8200 Regency Pkwy, Cary, NC 27518
      View Details
    • $981,000
      2 SF

      Cary Office Condo For Sale

      2,616 SF office condo in Parkway Professional Park, Cary.
      135 Parkway Office Ct, Cary, NC 27518
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      91,227 SF

      Health Park I Medical Office Space

      Cary, NC medical office suites available.
      115 Kildaire Park Dr, Cary, NC 27518
      View Details
    • $22 SF/Yr
      12,000 SF

      Cary Medical Office Space for Lease

      1,836 SF Medical Office Suite Available
      301 Keisler Dr, Cary, NC 27518
      View Details
    • $34 SF/Yr
      62,464 SF

      Cary Medical Office Building

      Prime Cary location, 7,097 SF available
      300 Ashville Ave, Cary, NC 27518
      View Details
    • $8 SF/Yr
      6,039 SF

      Cary Office Space: Regus 2500 Regency Parkway

      Flexible Workspace Solutions in Cary, NC
      2500 Regency Pkwy, Cary, NC 27518
      View Details
    • $24 SF/Yr
      17,424 SF

      Cary Medical Office Building

      17,424 SF Medical Office, Fully Vacant
      222 Ashville Ave, Cary, NC 27518
      View Details
    • $34 SF/Yr
      30,492 SF

      Cary Medical Office Building for Lease

      Prime Cary location, 3 suites available, ample parking.
      400 Ashville Ave, Cary, NC 27518
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1000 Cres Grn
    Cary, NC 27518-8116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.