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    OFF-MARKET
    Warehouses

    1947 Evans Rd, Cary, NC 27513-2041

    2,170 SF 0.01 ac lot Built 1996
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-1811666
    Property summary
    AI-generated overview

    This exceptional 2,170 square foot office space is part of a larger 4,200 square foot multi-tenant building located at 1945-1947 Evans Road. The suite boasts a spacious open area, perfect for collaborative work or a large team. A private office provides a quiet space for focused work, while a dedicated conference room facilitates meetings and presentations. Employee comfort is ensured with a convenient break area and ample storage. The inclusion of an IT room and restrooms within the suite adds to its functionality and convenience. The building's location on Evans Road, situated between NW Cary Parkway and Weston Parkway, offers excellent accessibility. Commuting is simplified by its proximity to I-40, RDU International Airport, and the Research Triangle Park, making it an ideal location for businesses needing convenient access to major transportation arteries and the region's thriving economic hub. This space is perfect for a company seeking a well-appointed, functional, and conveniently located office environment. The available space is part of a larger building, offering the potential for expansion or collaboration with other tenants. This is a rare opportunity to secure a high-quality office space in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1996
    Construction BRICK
    Total area 2,170 SF
    Lot 0.01 ac (436 SF)
    Zoning code ORDP
    APN 0755.04-83-1370 0225804
    UPID US53-1811666
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Evans Rd LLC · 2 yrs held
    Evans Rd LLC
    since 2024
    Last sale
    $290,800
    3 recorded transactions
    2024
    $975,000
    2020
    2018
    $550,000
    Zoning & alternative use
    ORDP · Cary, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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