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Financial
Distress signals
Property profile

101 Cary Pkwy Cary, NC 27511

OFF-MARKET
Medical Office Space
Property ID
US53-1830623
52,112 SF 5.43 ac lot Built 1986
Last sale Sep 2022
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 exceptional Class A medical office building, part of the Cary Medical Pavilion, offers 50,443 square feet of renovated space. Built in 1986 and extensively renovated in 2020, the three-story building features multiple tenancy options, ranging from 1,051 square feet to a maximum contiguous space of 18,011 square feet. Currently, there are three available spaces, with first-floor options available. The building boasts convenient access to major thoroughfares, including a prominent…

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?
$127k
Tax billed · 2023
Assessed value$12.64M
Assessed land$2.37M
Assessed improvement$10.28M
Effective rate1.00%

Value estimate

· Oct 2026
$10.29M
$9.26M – $11.32M
CAP approach$8.45M
Submarket $/SF estimate$12.40M

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?
OIP
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop15.9
Restaurant15.2
Auto Parts Store14.6

Location

101 Cary Pkwy Cary, NC 27511-5562
County assessor Recorded deeds · 5 transfers 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 $1,500,000 Aug 2022 4,296 SF
5045 Old Raleigh, Cary, NC 27511-6479 $1,350,000 Dec 2021 4,636 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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