Property profile

1115 Walnut St Cary, NC 27511

OFF-MARKET
Turn key restaurants
Property ID
US53-1021603
6,936 SF 67.76 ac lot Built 2007
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction BRICK
Total area 6,936 SF
Lot 67.76 ac (2,951,626 SF)
Zoning code MXD
APN 0773.09-16-3696 0016643
UPID US53-1021603

Cap rate & NOI

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

Location

1115 Walnut St Cary, NC 27511-4734
Cary metro Census 53516 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
Last sale
$27.9M
3 recorded transactions
2020
$95.0M
2019
$31.5M
2009
Price N/A

Zoning & alternative use

MXD · Cary, NC
Zoning description

TC-MXD-CU: Mixed Use subdistrict; (3) TC-HDR Mid-Rise-CU: High Density Residential Mid-Rise subdistrict; (4) TC-MXDR-CU: Mixed Density Residential subdistrict; (5) TC-HDR Garden-CU: High Density Residential Garden subdis…

General category MIXED_USE

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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