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Property profile & analytics
OFF-MARKET Estimated value $1,745,000
Super regional malls

1751 Walnut St Cary, NC 27511-5930

27,502 SF 9.69 ac lot Built 1996
Individually Owned 24-yr Hold Absentee Owner Free & Clear
Property ID
US53-1364518
Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1996
Construction CONCRETE BLOCKS
Total area 27,502 SF
Lot 9.69 ac (422,096 SF)
Zoning code GC
APN 0773.15-53-3115 0029936
UPID US53-1364518
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
  • REI Clothing Store Bicycle Repair Shop
  • REI Bike Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.75M
Owner & transaction history
Richard,k Helmold Tr · 24 yrs held
Richard,k Helmold Tr
since 2002
1 recorded transaction
2002
Price N/A
Zoning & alternative use
GC · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(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-Residential Districts (C) Town Center Subdistric…

Zone name General Commercial District
General category COMMERCIAL
Zone area 558.60 ac
Source 4.4.2 Mixed Use Overlay
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