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Financial
Distress signals
Property profile

1031 Harrison Ave Cary, NC 27513

OFF-MARKET
Drive through restaurants
Property ID
US53-5597107
2,861 SF 0.99 ac lot Built 1996
Last sale Jun 2022 · $2,350,000
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 free-standing retail property, located at 1031 N Harrison Ave in Cary, NC, presents a unique investment opportunity. Boasting a total building area of 2,861 square feet, the property sits on a sizable 0.99-acre lot, offering ample space and potential for expansion or outdoor amenities. Currently vacant, this single-tenant building provides a blank canvas for a discerning business owner to customize the space to their exact specifications. Constructed in 1996, the building is…

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?
$16k
Tax billed · 2023
Assessed value$1.55M
Assessed land$720k
Assessed improvement$829k
Effective rate1.00%

Value estimate

· Oct 2026
$2.54M
$2.28M – $2.79M
AI approach$2.70M
Submarket $/SF estimate$1.77M

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

Recently sold

What actually traded nearby?
$521/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$299 – $811
Qualifying comparables5

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?
GCCU
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 agency44.4
Restaurant37.6
Law Firm37.0

Location

1031 Harrison Ave Cary, NC 27513-3924
County assessor Recorded deeds · 3 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1070 Darrington Dr, Cary, NC 27513 $2,675,000 Dec 2025 2,500 SF
2205 Evans, Cary, NC 27513-7405 $2,625,000 May 2023 3,254 SF
1807 Harrison, Cary, NC 27513-2408 $2,417,000 Nov 2022 2,478 SF
1021 Harrison, Cary, NC 27513-3924 $2,210,000 Nov 2021 3,250 SF
1390 Maynard, Cary, NC 27513-8721 $1,300,000 Oct 2021 2,868 SF
1011 Harrison, Cary, NC 27513-3906 $902,000 Mar 2019 2,952 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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