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Property profile & analytics
OFF-MARKET Estimated value $23,750,000
Office buildings

2000 Ctr Grn Way Cary, NC 27513-5756

108,225 SF 11.18 ac lot Built 2000
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-0986663
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 108,225 SF
Lot 11.18 ac (487,001 SF)
Zoning code OI
APN 0755.02-95-8530 0269869
UPID US53-0986663
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
  • CATO SMS Research Foundation
  • Dexian Employment Agency
  • Kerridge Commercial Systems North America (Bike/Boat/Book/etc) Store Corporate Office
  • GEI Consultants of North Carolina, P.C. Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$31.24M
Comparable Approach Comparable
$25.53M
Blend (final) Blend
$23.75M
Owner & transaction history
Hrlp Nc-va
Hrlp Nc-va
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OI · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(I) OI: Office and Institutional District (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-Reside…

Zone name Office And Institutional District
General category CIVIC_INSTITUTIONAL
Zone area 682.84 ac
Source 4.4.2 Mixed Use Overlay
Top alternative use upside
Medical building $37.3M +54.6%
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