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Property profile & analytics

201 Commonwealth Ct Cary, NC 27511

  • Office buildings
  • 14,252 SF
  • 1.11 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-0409403
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • 8Seasons / Big Box & Wholesale Store
  • Padia Consulting Inc / Engineer
  • Carolina Family Estate Planning / Law Firm
  • Visual Properties, LLC / Film Production / Television Studio
  • Triangle Funding, LLC / Corporate Office / Financial Advisor

Property Details for 201 Commonwealth Ct

Year built
1986
Construction
BRICK
Lot size
1.11 lot acres
Property size
14,252 SF
Zone code
OI
Property type
Office buildings
APN
0763.14-44-0238 0167189
APU
763144402380167189

Description

This exceptional 2,377 square foot office space is situated within a well-maintained, two-story Class B building located at 201 Commonwealth Ct, Cary, NC. The property boasts a total of 14,646 square feet, offering a quiet and convenient office environment. The building features a single suite currently available for lease, perfect for a business seeking a move-in ready space. The location offers easy access to major thoroughfares including Kildaire Farm Road, Cary Parkway, Maynard Road, and US 1/US 64 Highway, ensuring convenient commutes for employees and clients. The area is rich with nearby restaurants and retail amenities, providing ample options for lunch breaks and after-work activities. Parking is plentiful, with a generous 3.5 spaces per 1,000 square feet parking ratio. While the building does not have elevators, the two-story structure ensures easy accessibility. The property is zoned OI and located in Wake County. This multi-tenant building presents a fantastic opportunity for businesses seeking a functional and conveniently located office space. The available suite is part of a larger 14,646 square foot building, offering a professional and established presence. The quiet office park setting provides a peaceful work environment, while the strategic location ensures easy access to a variety of conveniences. This is an ideal space for businesses seeking a balance of tranquility and accessibility.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,648,000
    Market price range: $2.48M - $3.45M
    AI Estimate
    $2,265,000
    Market price range: $1.91M - $3.91M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $3,000,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Cary
County
Wake
State
North Carolina
Longitude
-78.7842
Latitude
35.7673
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,825
$386,816
$1,491,944
$1,878,760
-
$386,816
$1,491,944
$1,878,760
More about this property
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