Technical
Financial
Distress signals
Property profile

1500 Evans Rd Cary, NC 27513

OFF-MARKET
Day care centers
Property ID
US53-5660779
6,171 SF 1.85 ac lot Built 1994
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1994
Construction BRICK
Total area 6,171 SF
Lot 1.85 ac (80,586 SF)
Zoning code OIP
APN 0755.04-91-9727 0203317
UPID US53-5660779

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
  • Daycare Center

Location

1500 Evans Rd Cary, NC 27513-2751
Cary metro Census 53512 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$3.00M

Owner & transaction history

since 2021
Last sale
$2.5M
7 recorded transactions
2021
Price N/A
2021
$2.5M
2017
Price N/A
2010
$1.9M
2007
$1.9M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OIP · Cary, NC
Top alternative use upside
Commercial (general) $3.6M +112.3%
Neighborhood: shopping center $3.4M +97.9%
Restaurant $3.2M +87.1%

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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