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Property profile & analytics
OFF-MARKET Estimated value $3,655,000
Office buildings

1513 Walnut St Cary, NC 27511-5972

16,830 SF 1.26 ac lot Built 1996
Entity Owned 2-yr Hold Free & Clear
Property ID
US53-0745101
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction BRICK
Total area 16,830 SF
Lot 1.26 ac (54,886 SF)
Zoning code OI
APN 0773.14-43-2307 0073865
UPID US53-0745101
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
Current use
Occupant on record · Public records
  • Stephanie Mcbroom Counselor Practitioner Service Location
  • Jonathan Ellis | Fairway Independent Mortgage Corporation Branch Manager Loan Service Bank
  • Carolina Finance LLC Loan Service
  • Blair Watson Physical Therapy LLC Physician
  • Claire Webb Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.86M
Comparable Approach Comparable
$3.29M
Blend (final) Blend
$3.66M
Owner & transaction history
Realpro Centre LLC · 2 yrs held
Realpro Centre LLC
since 2024
3 recorded transactions
2024
Price N/A
1969
Price N/A
1969
Price N/A
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
Top alternative use upside
Medical building $5.8M +63.7%
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