1100 Crescent Grn, Unit Green, Cary, NC 27518
- Office buildings
- 93,864 SF
- 9.35 lot acres
Current Use by Public Records
- INDA, Association of the Nonwoven Fabrics Industry / Industrial Manufacturer / Production Facility
- Amex Syntel Inc / (Bike/Boat/Book/etc) Store / Corporate Office
- Shift7 Digital / Marketing & Advertising / (Bike/Boat/Book/etc) Store
- Access Point Inc / Telecommunications Service
- TeleHealth Services / Electronics & Wireless Store / Big Box & Wholesale Store
Property Details for 1100 Crescent Grn
- Year built
- 1995
- Construction
- BRICK
- Lot size
- 9.35 lot acres
- Zone code
- OIP
- Property type
- Office buildings
- APN
- 0762.18-41-9926 0217334
- APU
- 762184199260217334
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 6, 2019 | $765,000 | 431 Keisler 201 LLC | Bfo Associates LLC | Grant Deed | — |
| Jan 7, 2015 | — | Gh Crescent Green INC | — | Grant Deed · related | $55.5M · Compass Bk |
| Jan 23, 2014 | $37,575,500 | Gh Crescent Green INC | Kbs Crescent Green LLC | Grant Deed | — |
| Feb 4, 2013 | — | Kbs Crescent Green LLC | — | Deed Of Trust · related | $55.5M · Bank Of America |
| Jul 16, 2012 | — | Kbs Crescent Green LLC | — | Deed Of Trust · related | $55.5M · Bank Of America |
| Feb 1, 2007 | $18,244,000 | Kbs Crescent Green LLC | Crescent 1100 LLC | Grant Deed · related | — |
| — | — | Kbs Crescent Green LLC | — | Deed Of Trust · related | $27.5M · Bank Of America |
Description
This exceptional executive office space, located at 1100 Crescent Green in Cary, North Carolina, offers 3,853 square feet of immediately available space within a larger 94,304 square foot building. The property is ideally suited for businesses seeking a prestigious address in a vibrant and convenient location. The building features multiple tenancies, providing a diverse and collaborative environment. Ample parking is available, with a ratio of approximately four spaces per 1,000 square feet. The suite's prime location provides easy access to US 1/US 64, ensuring seamless commutes for employees and clients. A wealth of amenities are within close proximity, including a variety of restaurants, shopping centers, hotels, banks, and fitness facilities, catering to the needs of both businesses and individuals. Furthermore, the property enjoys exceptional proximity to key locations such as WakeMed Cary Hospital, Waverly Place, Crescent Commons, Lochmere Golf Club, Hemlock Bluffs Nature Preserve, and extensive greenway trails, all within a one-mile radius. This location offers a blend of convenience, accessibility, and a desirable work-life balance. The property is situated in Cary, NC, zip code 27518.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $29,350,000
- 6.5%
- $27,090,000
- 7%
- $25,155,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $20,495,000
- AI Estimate
- $16,492,000
Market price range: $20.2M - $29.9MMarket price range: $7.52M - $28.8M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $25,055,000 Current use
- MEDICAL BUILDING
- $32,335,000 Change: +29% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7812
- Latitude
- 35.7335
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA