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Property profile & analytics
OFF-MARKET Estimated value $30,240,000
Strip malls

107 Edinburgh S Dr Cary, NC 27511-8426

11,859 SF 19.21 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
Property ID
US53-0611730
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction BRICK
Total area 11,859 SF
Lot 19.21 ac (836,788 SF)
Zoning code GC
APN 0752.16-93-9121 0126650
UPID US53-0611730
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vincent Barbour & Company Construction Company General Contractor
  • Machell R. Bekaert, LPC Physician Medical Clinic
  • Bass Music Enterprises Recording Studio
  • Clinton Cook - State Farm Insurance Agent Insurance Agency
  • White Tiger Martial Arts Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$30.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$30.24M
Owner & transaction history
Edinburgh 107 LLC · 2 yrs held
Edinburgh 107 LLC
since 2024
Last sale
$30.2M
3 recorded transactions
2024
$30.2M
2014
Price N/A
2001
$7.8M
Zoning & alternative use
GC · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(J) GC: General Commercial District (K) CT: Walnut Street Corridor Transitional District (L) ORD: Office/Research and Development District (M) I: Industrial District (N) TC: Town Center District 4.3 CONDITIONAL USE DISTRICTS 4.3.1 Purpose and Intent 4.3.2 Districts Established (A) Residential Districts (B) Non-Residential Districts (C) Town Center Subdistric…

Zone name General Commercial District
General category COMMERCIAL
Zone area 558.60 ac
Source 4.4.2 Mixed Use Overlay
Top alternative use upside
Apartment house (5+ units) $46.0M +604.5%
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