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Property profile & analytics
OFF-MARKET Estimated value $13,650,000
Outlet malls

2021 Walnut St Cary, NC 27518-9205

130,746 SF 11.18 ac lot Built 1994
Entity Owned Free & Clear
Property ID
US53-1381348
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1994
Construction CONCRETE BLOCKS
Total area 130,746 SF
Lot 11.18 ac (487,001 SF)
Zoning code GC
APN 0773.19-70-3916 0200726
UPID US53-1381348
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
  • Tiara Payne Physician
  • Target Department Store
  • Starbucks Cafe & Coffee Shop
  • Rebecca M. Karner, PharmD Pharmacy
  • CVS Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.85M
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.65M
Owner & transaction history
TARGET CORPORATION
TARGET CORPORATION
Zoning & alternative use
GC · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(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-Residential Districts (C) Town Center Subdistric…

Zone name General Commercial District
General category COMMERCIAL
Zone area 558.60 ac
Source 4.4.2 Mixed Use Overlay
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