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1400 Crescent Grn,Unit Green, Cary, NC 27518
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Property summary
AI-generated overview
1400 Crescent Green in Cary, NC offers exceptional executive office suites within a four-story building totaling 50,069 square feet. Built in 2000, this property boasts a professional tenant mix and enjoys a prime location with convenient access to US-1 and Highway 64. Currently, there are two available suites, with a minimum divisible space of 1,747 square feet and a maximum contiguous space of 2,381 square feet, totaling 4,128 square feet of vacant space. The building features a total of two suites. Ample parking is provided with a ratio of 3.5 spaces per 1,000 square feet. This sun-filled building presents a fantastic opportunity for businesses seeking a prestigious and conveniently located office space in Wake County. The property is situated at 1400 Crescent Green, Cary, NC 27518.
Property profile
Verified
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Lot
3.39 ac (147,668 SF)
Zoning code
GCP
APN
0762.18-42-1440 0229617
UPID
US53-4883626
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Loan Service Bank
-
Financial Advisor
-
Dental Office Physician
-
Dental Office Physician
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.37M
Owner & transaction history
since 2022
Last sale
$14.0M
1 recorded transaction
Zoning & alternative use
GCP · Cary, NC
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$14.37M
Value range
$12.93M – $15.80M
±10% around blend
Confidence
Property data
63
Comparable evidence
60
$12.93M
blend $14.37M
$15.80M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
3.39 ac
APN
0762.18-42-1440 0229617
Zoning
GCP
Assessed value
$8,524,250
Annual tax
$85,413
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$14.37M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$14.00M
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$882k
$17.64M
$12.60M
$9.80M
$980k
$19.60M
$14.00M
$10.89M
$1.08M
$21.56M
$15.40M
$11.98M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$85,413
Tax year 2023
Assessed value
$8,524,250
Assessed 2023
Previous assessed
$8,524,250
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,629,664
Assessed improvement
$6,894,586
Land market value
$1,629,664
Improvement market value
$6,894,586
Total market value
$8,524,250
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Status
For Lease
Lot
3.39 ac (147,668 SF)
Zoning code
GCP
APN
0762.18-42-1440 0229617
UPID
US53-4883626
Jurisdiction
WAKE
Zoning & alternative use
GCP · Cary, NCZoning GCP · permitted uses
GCP · Cary, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Lot
3.39 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GCP
Jurisdiction
Cary, NC
Recorded code
GCP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GCP in Cary, NC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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