1225 Crescent Grn, Unit Green Cary, NC 27518
Property Lookup
Property profile & analytics
1225 Crescent Grn, Unit Green Cary, NC 27518
- Office buildings
- 109,253 SF
- 20.58 lot acres
Property ID
US53-1600097
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.
Location Intelligence
Current Use by Public Records
- BlueAlly Technology Solutions / Information Services / Business Management Consultant
- Crescent Lakeside / Real Estate Agency
- BlueAlly / Corporate Office
- PrecisionLender / (Bike/Boat/Book/etc) Store / Corporate Office
- R & M Computer Consultants Inc / IT Consulting Firm / (Bike/Boat/Book/etc) Store
Property Details for 1225 Crescent Grn
- Year built
- 2001
- Construction
- BRICK
- Lot size
- 20.58 lot acres
- Property size
- 109,253 SF
- Zone code
- OIP
- Property type
- Office buildings
- APN
- 0762.18-31-8127 0167104
- APU
- 762183181270167104
Description
This exceptional Class A office building, Crescent Lakeside I, offers 109,000 square feet of prime executive office space in Cary, NC. Located at 1225 Crescent Green, 27518, this three-story brick and glass structure boasts a beautifully landscaped plaza with outdoor seating. The building features five suites, with spaces ranging from 1,751 to 37,172 contiguous square feet, and a significant 98,641 square feet currently available. Built in 2001, the property provides ample parking with 772 spaces, including a substantial number of covered spots (a ratio of four spaces per 1,000 square feet). On-site amenities include vending machines, an express mail drop, showers, and convenient access to a fitness center located in the adjacent Crescent Lakeside II building. The strategic location within the thriving Crescent multi-use business park offers unparalleled convenience, situated south of Tryon Road, between Kildaire Farm Road and Regency Parkway. Enjoy proximity to a wealth of amenities including shopping, banking, hotels, restaurants, a fitness center, and diverse housing options all within a one-mile radius. Excellent access to Wake Med Cary Hospital and major roadways, including US Highways 1 and 64, ensures seamless connectivity to Interstates 40, 440, and 540. This is an unparalleled opportunity to secure prestigious office space in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $34,160,000
- 6.5%
- $31,535,000
- 7%
- $29,280,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $34,783,000
- AI Estimate
- $33,569,000
Market price range: $23.6M - $34.8MMarket price range: $8.76M - $33.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $29,165,000 Current use
- RETAIL STORES
- $50,485,000 Change: +73% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $46,155,000 Change: +58% Conversion: Difficult
- MEDICAL BUILDING
- $37,640,000 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
- -78.7849
- Latitude
- 35.7314
- 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
$550,530
$7,607,834
$47,335,240
$54,943,074
-
$7,607,834
$47,335,240
$54,943,074
