Financial
Distress signals
Property profile

120 Iowa Ln Ste 101 Cary, NC 27511

OFF-MARKET
Office buildings
Property ID
US53-2139190
1,452 SF 0.01 ac lot Built 1999
Last sale Dec 2001
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$235k
Assessed improvement$235k
Effective rate1.00%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$210/SF
ZIP average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$174 – $242
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OI
The OI district provides for the development of offices and community institutions that have similar development characteristics and requ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop18.5
Wholesale Shop14.9
Restaurant14.2

Location

120 Iowa Ln Ste, Unit 101 Cary, NC 27511-4492
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
103 New Edition, Cary, NC 27511-4450 $570,000 Apr 2025 1,681 SF
140 Iowa Ln, Cary, NC 27511-4495 $427,500 Dec 2024 1,448 SF
206 New Edition, Cary, NC 27511-4451 $291,000 Oct 2024 1,288 SF
110 Iowa Ln, Cary, NC 27511-4493 $370,000 Jan 2024 1,448 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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