Property profile

1005 Portrait Dr Cary, NC 27513

OFF-MARKET
Other retail properties
Property ID
US53-3486283
14,900 SF
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

Retail suite 101/102 consists of approximately 2,200 square feet of interior space plus a 500 square foot patio. The suite is located at intersections along Hwy. 54 (Chapel Hill Road), specifically Portrait Drive & Chapel Hill Road and Chapel Hill Road (Hwy. 54) & NW Maynard Road, and is positioned across from Bainbridge Apartments, a 259-unit residential community. The location is near retail and consumer services including Lowe’s Home Improvement and Starbucks, and is within about one mile of the Park West Village power center. The suite is part of a larger retail property totaling approximately 15,000 square feet.

Property profile

Verified
Property type Other retail properties
Total area 14,900 SF
UPID US53-3486283

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1005 Portrait Dr Cary, NC 27513
Cary metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
2 recorded transactions
2024
Price N/A
2023
$2.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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