1805 Walnut St Cary, NC 27518-9201
- Turn key restaurants
- 9,195 SF
- 2.36 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1805 Walnut St
- Year built
- 1992
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.36 lot acres
- Property size
- 9,195 SF
- Zone code
- GC
- Property type
- Turn key restaurants
- APN
- 0773.19-62-1083 0187364
- APU
- 773196210830187364
Description
This exceptional 9,195 square foot free-standing retail building is ideally situated in Cary, North Carolina, at 1805 Walnut Street, zip code 27518. The property boasts a highly visible corner location at the intersection of Walnut Street and the US 1/Highway 64 exit/on-ramp, ensuring significant traffic exposure and easy accessibility for customers. Previously occupied by a Red Lobster restaurant, this single-tenant building presents a unique opportunity for a variety of retail businesses seeking a prominent location in a thriving area. The building's substantial size offers ample space for a wide range of retail concepts, providing flexibility for potential tenants. Its strategic location just outside of Raleigh provides access to a large and diverse customer base. The property's prominent corner location and convenient access from a major highway make it an attractive option for businesses seeking high visibility and easy accessibility. This is a rare opportunity to acquire a well-positioned retail property in a high-demand market. The building's previous use as a restaurant suggests potential for a similar concept or a business requiring significant space and high visibility. Detailed site plans and building specifications are available upon request. This property is ready for immediate occupancy and presents a compelling investment opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $495,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $808,000
Market price range: $600k - $1.47M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7432
- Latitude
- 35.7611
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA