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    Property profile & analytics

    1115 Walnut St Cary, NC 27511-4734

    • Turn key restaurants
    • 6,936 SF
    • 67.76 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 31, 2020
    $27,914,900
    Location Intelligence
    Property ID
    US53-1021603
    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

    • Turn key restaurants

    Property Details for 1115 Walnut St

    Year built
    2007
    Construction
    BRICK
    Lot size
    67.76 lot acres
    Property size
    6,936 SF
    Zone code
    MXD
    Property type
    Turn key restaurants
    APN
    0773.09-16-3696 0016643
    APU
    773091636960016643

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7603
    Latitude
    35.7738
    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
    $315,668
    $24,646,074
    $6,857,680
    $31,503,754
    -
    $24,646,074
    $6,857,680
    $31,503,754

    Comparable in this City

    • Value Estimation
      $265,000
      1,716 SF

      404 Chatham St

      RESTAURANT • 1,716 SF
      404 Chatham St, Cary, NC 27511-3129
      View Details
    • Value Estimation
      $550,000
      2,541 SF

      1109 Ledsome Ln

      RESTAURANT • 2,541 SF
      1109 Ledsome Ln, Cary, NC 27511-5980
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    • Value Estimation by Request
      7,097 SF

      1148 Kildaire Farm Rd

      RESTAURANT • 7,097 SF
      1148 Kildaire Farm Rd, Cary, NC 27511-4583
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    • Value Estimation by Request
      7,275 SF

      1301 Kildaire Farm Rd

      RESTAURANT • 7,275 SF
      1301 Kildaire Farm Rd, Cary, NC 27511-5525
      View Details
    • Value Estimation by Request
      5,445 SF

      1144 Kildaire Farm Rd

      RESTAURANT • 5,445 SF
      1144 Kildaire Farm Rd, Cary, NC 27511-4583
      View Details
    • Value Estimation
      $505,000
      3,986 SF

      815 Chatham St

      RESTAURANT • 3,986 SF
      815 Chatham St, Cary, NC 27511-3136
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      New Office and Retail Development

      New 80,548 SF office and retail development available for pre-leasing.
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      102 SF

      Retail Space in Downtown Cary

      Retail space in a mixed-use development in downtown Cary.
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    • 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
    • $2,400,000
      1.91 Acres

      Searstone Commercial Land - Cary, NC

      1.91 acre pad-ready site, ideal for medical/office.
      0 Winston Hill Dr, Cary, NC 27511
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    • $1,125,000
      0.76 Acres

      Cary Land: New Build Opportunity

      Homesite in coveted golf course community, convenient to amenities.
      403 Rutherglen Dr, Cary, NC 27511
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • $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
    • 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
    • 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
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    • $23 SF/Yr
      23,260 SF

      Cary Executive Office Suites

      Premium Cary office space available now.
      114 Edinburgh Dr, Cary, NC 27511
      View Details

    Property Visit Statistics

    • Visits by month
      3.8k
    • Visitors by month
      3.4k
    • Avg Time on site
      43 min
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    1115 Walnut St
    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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