Property profile

171 Towerview Ctmc Cary, NC 27513

OFF-MARKET
Warehouses
Property ID
US53-5494541
8,732 SF 1.52 ac lot Built 2007
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Construction BRICK
Total area 8,732 SF
Lot 1.52 ac (66,211 SF)
Zoning code I
APN 0754.11-66-1530 0285136
UPID US53-5494541

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

171 Towerview Ctmc Cary, NC 27513-3187
Cary metro Census 53523 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2015
5 recorded transactions
2015
Price N/A
2008
$1.1M
2007
$1.0M
2005
$375,000
1969
Price N/A

Zoning & alternative use

I · Cary, NC
Zoning description

I-CU: Industrial district. (C) Town Center Subdistricts (1) TC-HMXD-CU: High Intensity Mixed Use subdistrict; (2) TC-MXD-CU: Mixed Use subdistrict; (3) TC-HDR Mid-Rise-CU: High Density Residential Mid-Rise subdistrict; (…

General category INDUSTRIAL

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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