Property profile

109 Mackenan Dr Cary, NC 27511

OFF-MARKET
Manufacturing properties
Property ID
US53-2190217
30,194 SF 8.19 ac lot Built 1990
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Construction BRICK
Total area 30,194 SF
Lot 8.19 ac (356,756 SF)
Zoning code ORD
APN 0752.15-72-1822 0179220
UPID US53-2190217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Auto Repair Shop
  • Car Dealership
  • Auto Repair Shop
  • Auto Parts Store

Location

109 Mackenan Dr Cary, NC 27511-7903
Cary metro Census 53419 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$985k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.27M

Owner & transaction history

since 2016
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
2017
Price N/A
2016
$639,500
2016
$430,500
2016
$1.2M

Zoning & alternative use

ORD · Cary, NC
Zoning description

(Ord. 2015-LDO-003, 7-23-15; Ord. No. 2017-LDO-01, 1-24-17; Ord. No. 2021-LDO-01, 6-24-21) Share Download Bookmark Print 4.4 OVERLAY ZONING DISTRICTS Share Download Bookmark Print 4.4.1 General Purpose; Relationship to G…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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