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    Property profile & analytics

    1101 Walnut St Cary, NC 27511-4734

    • Grocery and convenience stores
    • 1,098 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $4,365,000
    Last Sale
    May 27, 2021
    $3,750,000
    Location Intelligence
    Property ID
    US53-5683774
    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.

    Current Use by Public Records

    • Mobil / Gas Station
    • Circle K | Car Wash / Car Wash
    • Circle K / Car Wash / Gas Station

    Property Details for 1101 Walnut St

    Year built
    1991
    Construction
    STONE
    Lot size
    1.02 lot acres
    Property size
    1,098 SF
    Zone code
    GC
    Property type
    Grocery and convenience stores
    APN
    0773.09-06-0183 0092181
    APU
    773090601830092181

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,485,000
      6.5%
      $3,675,000
      7%
      $3,495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,925,000
      Geo Method
      $4,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,545,000
      Retail
      $3,005,000
      Mixed-Use
      $3,290,000
      Hospitality
      $3,715,000
      Educational
      $4,060,000
      Residential Income
      $3,185,000
      Energy
      $4,120,000
      Income-Based Land
      $3,440,000
      Food Service
      $3,525,000

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7637
    Latitude
    35.7724
    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
    $12,295
    $853,075
    $374,011
    $1,227,086
    -
    $853,075
    $374,011
    $1,227,086

    Comparable in this City

    • Value Estimation
      $480,000
      1,736 SF

      421 Chatham St

      GROCERY, SUPERMARKET • 1,736 SF
      421 Chatham St, Cary, NC 27511-3461
      View Details
    • Value Estimation
      $250,000
      2,072 SF

      103 Maynard Rd

      GROCERY, SUPERMARKET • 2,072 SF
      103 Maynard Rd, Cary, NC 27511-4401
      View Details
    • Value Estimation by Request
      4,928 SF

      101 Kenmure Ct

      GROCERY, SUPERMARKET • 4,928 SF
      101 Kenmure Ct, Cary, NC 27511
      View Details
    • Value Estimation by Request
      3,300 SF

      102 Gregson Dr

      GROCERY, SUPERMARKET • 3,300 SF
      102 Gregson Dr, Cary, NC 27511-6442
      View Details
    • Value Estimation
      $290,000
      2,418 SF

      1405 Kildaire Farm Rd

      GROCERY, SUPERMARKET • 2,418 SF
      1405 Kildaire Farm Rd, Cary, NC 27511-5527
      View Details
    • Value Estimation
      $320,000
      688 SF

      1611 Walnut St

      GROCERY, SUPERMARKET • 688 SF
      1611 Walnut St, Cary, NC 27511-5928
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      102,000 SF

      Downtown Cary Mixed-Use Development

      New office and retail spaces in downtown Cary.
      Walnut St, Cary, NC 27511
      View Details
    • Contact for pricing
      80 SF

      New Office and Retail Development

      New 80,548 SF office and retail development available for pre-leasing.
      155 W Chatham St | Cary, Cary, NC 27511
      View Details
    • Contact for pricing
      102 SF

      Retail Space in Downtown Cary

      Retail space in a mixed-use development in downtown Cary.
      352 South Walker St, Cary, NC 27511
      View Details
    • $2,950,000
      7,328 SF

      Cary Retail Building - Investment Opportunity

      Prime Cary location, 7,328 sq ft, two-story retail building.
      105 Baines Ct, Cary, NC 27511
      View Details
    • $2,495,000
      7.87 Acres

      Cary Land For Joint Development

      Land for sale in Cary, NC, suitable for joint development.
      Cary Pkwy, Cary, NC 27511
      View Details
    • $345,000
      12 SF

      Cary Office Condo - Prime Location

      1200 sq ft Office Suite, Excellent Access
      1200 Maynard Rd, Cary, NC 27511
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Retail Space with Patio

      Endcap retail space with patio, near major retailers and apartments.
      1005 Portrait Dr | Cary, Cary, NC 27511
      View Details
    • $32 SF/Yr
      102,000 SF

      Downtown Cary Office Space For Lease

      Class A Office, 102,000 SF Available
      0 Walnut St, Cary, NC 27511
      View Details
    • $32 SF/Yr
      102,000 SF

      Downtown Cary Retail Space

      High-traffic Cary retail, 5,908 SF available
      352 Walker St, Cary, NC 27511
      View Details
    • Contact for pricing

      Fenton Mixed-Use Destination Pad

      Pad ready for sublease in Cary's Fenton Gateway.
      1085 Fenton Gtwy Dr, Cary, NC 27511
      View Details
    • $35 SF/Yr
      4,381 SF

      Cary Executive Office Suite

      Prime Cary location, 4,381 sq ft.
      746 Maynard Rd, Cary, NC 27511
      View Details
    • $425 /Mo
      400 SF

      Olde Cary Executive Office Suites

      Prime office spaces in a convenient, central Cary location.
      201 W Chatham St, Cary, NC 27511
      View Details

    Property Visit Statistics

    • Visits by month
      15.3k
    • Visitors by month
      12.2k
    • Avg Time on site
      6 min
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    Cary, NC 27511-4734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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