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Property profile

105 Baines Ct Cary, NC 27511

FOR LEASE
Retail space
Property ID
US53-1720645
7,192 SF 0.71 ac lot Built 2004
Last sale Nov 2025 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
105 Baines Ct, Cary, NC 27511 For Lease
$9,800/Mo 3,600 SF available
105 Baines Ct, Cary, NC 27511
View Listing

Property summary

AI-generated overview

This exceptional two-story commercial property, located at 105 Baines Ct in Cary, North Carolina (27511), presents a fantastic investment opportunity. Built in 2004, the 7,328 square foot building sits on a 0.71-acre lot and offers a prime location near the intersection of SW Cary Parkway and Kildaire Farm Road. Previously used as a salon, this versatile space is adaptable to a wide range of retail businesses, making it an ideal investment for savvy entrepreneurs. The building's two stories…

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?
$12k
Tax billed · 2023
Assessed value$1.23M
Assessed land$309k
Assessed improvement$922k
Effective rate1.00%

Value estimate

· Oct 2026
$585k
$527k – $644k
AI approach$585k
CAP approach$705k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$24k
Operating expenses−$21k
NOI · 646.10% cap applied$63k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$462/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$276 – $608
Qualifying comparables7

Cap rate analysis

How does the asset earn?
646.10%
$63k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OIP
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.0
Auto Parts Store10.8
Smoke and Vape Shop10.8

Location

105 Baines Ct Cary, NC 27511
County assessor Recorded deeds · 4 transfers 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
199 High House, Cary, NC 27511-6715 $2,100,000 Apr 2025 8,175 SF
115 Chatham, Cary, NC 27511-3318 $23,000 Mar 2023 9,742 SF
513 Chatham, Cary, NC 27511-6906 $900,000 May 2022 7,706 SF
312 Chatham, Cary, NC 27511-3291 $2,570,000 Feb 2022 9,550 SF
124 Maynard, Cary, NC 27511-4448 $1,000,000 Dec 2021 5,250 SF
832 Chatham, Cary, NC 27511-6917 $1,585,000 Aug 2020 9,157 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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