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Property profile & analytics
OFF-MARKET
Office buildings

140 Iowa Ln Ste 204 Cary, NC 27511-4495

1,448 SF 0.01 ac lot Built 1999
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US53-1020047
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction BRICK
Total area 1,448 SF
Lot 0.01 ac (436 SF)
Zoning code OI
APN 0763.10-35-6165 0275226
UPID US53-1020047
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Carolina Partners Investments LLC · 4 yrs held
Carolina Partners Investments LLC
since 2021
Last sale
$427,500
2 recorded transactions
2021
$250,000
2016
$225,000
Zoning & alternative use
OI · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(I) OI: Office and Institutional District (J) GC: General Commercial District (K) CT: Walnut Street Corridor Transitional District (L) ORD: Office/Research and Development District (M) I: Industrial District (N) TC: Town Center District 4.3 CONDITIONAL USE DISTRICTS 4.3.1 Purpose and Intent 4.3.2 Districts Established (A) Residential Districts (B) Non-Reside…

Zone name Office And Institutional District
General category CIVIC_INSTITUTIONAL
Zone area 682.84 ac
Source 4.4.2 Mixed Use Overlay
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