Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2100 Auto Park Blvd Cary, NC 27511-6045
    Back to Search
    Property profile & analytics

    2100 Auto Park Blvd Cary, NC 27511-6045

    View on Map
    • Automotive properties
    • 26,358 SF
    • 34.94 lot acres
    Off-Market
    Property ID
    US53-0309683
    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
    $2,770,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nissan Charging Station / Electric Vehicle Charging Station
    • Leith Nissan Parts Department / Auto Parts Store
    • Leith Nissan Service Department / Auto Repair Shop
    • Leith Nissan / Car Dealership

    Property Details for 2100 Auto Park Blvd

    Year built
    2002
    Lot size
    34.94 lot acres
    Property size
    26,358 SF
    Zone code
    ORD
    Property type
    Automotive properties
    APN
    0752.15-53-0567 0143609
    APU
    752155305670143609

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8145
    Latitude
    35.738
    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
    $292,385
    $12,175,891
    $17,004,228
    $29,180,119
    -
    $12,175,891
    $17,004,228
    $29,180,119

    Comparable in this City

    • Value Estimation
      $2,545,000
      52,350 SF

      5010 Old Raleigh Rd

      VEHICLE SALES, RENTALS • 52,350 SF
      5010 Old Raleigh Rd, Cary, NC 27511-7933
      View Details
    • Value Estimation
      $1,265,000
      12,088 SF

      80 Mackenan Dr

      VEHICLE SALES, RENTALS • 12,088 SF
      80 Mackenan Dr, Cary, NC 27511
      View Details
    • Value Estimation
      $2,040,000
      18,997 SF

      91 Mackenan Dr

      VEHICLE SALES, RENTALS • 18,997 SF
      91 Mackenan Dr, Cary, NC 27511-7910
      View Details
    • Value Estimation
      $27,730,000
      63,675 SF

      3630 Old Raleigh Rd

      VEHICLE SALES, RENTALS • 63,675 SF
      3630 Old Raleigh Rd, Cary, NC 27511-7937
      View Details
    • Value Estimation
      $2,000,000
      3,360 SF

      902 Chatham St

      VEHICLE SALES, RENTALS • 3,360 SF
      902 Chatham St, Cary, NC 27511-6919
      View Details
    • Value Estimation
      $2,355,000
      23,166 SF

      900 Auto Park Blvd

      VEHICLE SALES, RENTALS • 23,166 SF
      900 Auto Park Blvd, Cary, NC 27511-6005
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,908 SF

      Retail Space in Downtown Cary

      Retail space in a mixed-use development in downtown Cary.
      352 South Walker St, Cary, NC 27511
      View Details
    • $2,950,000
      7,328 SF

      Cary Retail Building - Investment Opportunity

      Prime Cary location, 7,328 sq ft, two-story retail building.
      105 Baines Ct, Cary, NC 27511
      View Details
    • Contact for pricing
      40,000 SF

      Retail Space Available

      40,000 SqFt retail space for sale.
      760 SE Maynard Rd, Cary, NC 27511
      View Details
    • Contact for pricing
      22,436 SF

      Downtown Cary Mixed-Use Development

      New office and retail spaces in downtown Cary.
      Walnut St, Cary, NC 27511
      View Details
    • $850,000
      7,920 SF

      New Retail Strip Center ForSale

      7,920 SF multi-tenant building in a thriving commercial market.
      947 West Chatham St, Cary, NC 27511
      View Details
    • Contact for pricing
      11,884 SF

      Cary Office Building For Sale

      Stand-alone office building in prime Cary location with upside potential.
      119 SW Maynard Rd, Cary, NC 27511
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,987 SF

      Downtown Cary Retail Space

      Retail space available in Downtown Cary with parking.
      139 East Chatham St, Cary, NC 27511
      View Details
    • Contact for pricing
      767 SF

      Retail Space Available For Rent

      Retail property with 767 square feet available for rent.
      159 East Chatham St, Cary, NC 27511
      View Details
    • Contact for pricing
      3,977 SF

      Downtown Cary Retail Space

      Mixed-use development with retail space in growing Downtown Cary.
      E Chatham St & Hunter St, Cary, NC 27511
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Cary, North Carolina.
      107 Edinburgh South Dr, Cary, NC 27511
      View Details
    • $32 SF/Yr

      New Office & Retail Development

      Office and retail spaces for lease in downtown Cary.
      Walnut St, Cary, NC 27511
      View Details
    • Contact for pricing

      Fenton Mixed-Use Destination Pad

      Pad ready for sublease in Cary's Fenton Gateway.
      1085 Fenton Gtwy Dr, Cary, NC 27511
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2100 Auto Park Blvd
    Cary, NC 27511-6045
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2100 Auto Park Blvd, Cary, NC, 27511
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!