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    1031 Harrison Ave Cary, NC 27513-3924
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    Property profile & analytics

    1031 Harrison Ave Cary, NC 27513-3924


    • Drive through restaurants
    • 2,861 SF
    • 0.99 lot acres
    Off-Market
    Last Sale Jun 10, 2022
    $2,350,000
    Property ID
    US53-5597107
    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.

    Value Estimations
    $2,340,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1031 Harrison Ave

    Year built
    1996
    Construction
    BRICK
    Lot size
    0.99 lot acres
    Property size
    2,861 SF
    Zone code
    GCCU
    Property type
    Drive through restaurants
    APN
    0764.06-47-2824 0217322
    APU
    764064728240217322

    Description

    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 situated in Wake County, within the vibrant Cary community, and benefits from excellent visibility and accessibility. The property's convenient location offers easy access to major transportation routes, ensuring high traffic flow and customer convenience. The 2,861 square feet of vacant space provides flexibility for a variety of retail uses, making it an ideal choice for businesses seeking a prominent presence in a thriving market. The expansive lot size also offers potential for future development or outdoor seating areas, further enhancing the property's appeal. This is a rare opportunity to acquire a well-located, sizable retail property in a highly desirable area of Cary, North Carolina. The property's size, location, and vacancy make it an attractive proposition for businesses seeking a strong foothold in a growing market. The zip code is 27513.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,535,000
      ML approach
      $2,700,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,765,000
      Market price range: $855k - $2.32M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,490,000
      Current use
      COMMERCIAL (GENERAL)
      $1,690,000
      Change: +13% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,575,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7835
    Latitude
    35.8045
    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
    $15,519
    $720,171
    $828,595
    $1,548,766
    -
    $720,171
    $828,595
    $1,548,766
    More about this property
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