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    205 Convention Dr Cary, NC 27511-4257
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    Property profile & analytics

    205 Convention Dr, Cary, NC 27511-4257

    View on Map
    • Office buildings
    • 56,505 SF
    • 5.13 lot acres
    Off-Market
    Property ID
    US53-2168650
    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.
    Value Estimations
    $12,610,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Biblical Recorder / Newspaper & Magazine / Television Studio
    • church renewal journey / Church
    • BeDoTell / Association / Organization
    • Baptist State Convention of NC / Charitable Organization / Social Service Agency
    • North Carolina Missions Offering / Church

    Property Details for 205 Convention Dr

    Year built
    1982
    Construction
    BRICK
    Lot size
    5.13 lot acres
    Zone code
    OI
    Property type
    Office buildings
    APN
    0773.05-17-9571 0122156
    APU
    773051795710122156

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $17,670,000
      6.5%
      $16,310,000
      7%
      $15,145,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,599,000
      Market price range: $9.83M - $13.7M
      AI Estimate
      $9,923,000
      Market price range: $7.56M - $15.5M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,890,000
      Current use
      MEDICAL BUILDING
      $19,465,000
      Change: +64% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7573
    Latitude
    35.7761
    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
    $0.00
    $2,055,860
    $6,173,405
    $8,229,265
    -
    $2,055,860
    $6,173,405
    $8,229,265

    Comparable in this City

    • Value Estimation
      $6,930,000
      27,832 SF

      1125 Kildaire Farm Rd

      OFFICE BUILDING
      1125 Kildaire Farm Rd, Cary, NC 27511-4522
      View Details
    • Value Estimation by Request
      1,074 SF

      105 Kilmayne Dr Ste D

      OFFICE BUILDING
      105 Kilmayne Dr Ste D, Cary, NC 27511-4433
      View Details
    • Value Estimation
      $2,715,000
      13,895 SF

      111 Commonwealth Ct

      OFFICE BUILDING
      111 Commonwealth Ct, Cary, NC 27511-4447
      View Details
    • Value Estimation
      $1,825,000
      9,350 SF

      1151 Executive Cir

      OFFICE BUILDING
      1151 Executive Cir, Cary, NC 27511-4589
      View Details
    • Value Estimation by Request
      1,448 SF

      110 Iowa Ln Ste, Unit 101

      OFFICE BUILDING
      110 Iowa Ln Ste, Cary, NC 27511-4493
      View Details
    • Value Estimation by Request
      524 SF

      140 Iowa Ln Ste, Unit 101

      OFFICE BUILDING
      140 Iowa Ln Ste, Cary, NC 27511-4498
      View Details

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    Cary, NC 27511-4257
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