Property profile

1929 Morrisville Carpenter Rd Cary, NC 27519

OFF-MARKET
Auto shops
Property ID
US53-2207781
1,500 SF 0.13 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction FRAME
Total area 1,500 SF
Lot 0.13 ac (5,663 SF)
Zoning code R8
APN 0735.04-83-0674 0061722
UPID US53-2207781

Cap rate & NOI

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

Location

1929 Morrisville Carpenter Rd Cary, NC 27519-9734
Cary metro Census 53603 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

Zoning & alternative use

R8 · Cary, NC
Zoning description

(E) R-8: Residential District (F) TR: Transitional Residential District (G) RMF: Residential Multi-Family District (H) RR: Resource/Recreation District (I) OI: Office and Institutional District (J) GC: General Commercial…

General category RESIDENTIAL

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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