Financial
Distress signals
Property profile

218 Academy St Cary, NC 27511

OFF-MARKET
Investment properties
Property ID
US53-0854610
1,516 SF 4.24 ac lot Built 1940
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$16.40M
Assessed land$3.92M
Assessed improvement$12.49M

Value estimate

· Sep 2026
$470k
$423k – $517k
AI approach$610k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$591/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$341 – $992
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GCP
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.0
Wholesale Shop16.2
Electrical Service12.5

Location

218 Academy St Cary, NC 27511-3303
County assessor Recorded deeds · not on file 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
903 Kildaire Farm, Cary, NC 27511-3942 $950,000 Sep 2023 1,716 SF
406 Faculty, Cary, NC 27511-3314 $475,000 Jan 2023 1,344 SF
1500 Walnut, Cary, NC 27511-5927 $550,000 Aug 2022 1,514 SF
106 Dry, Cary, NC 27511-3313 $950,000 Jul 2022 1,516 SF
232 Chatham, Cary, NC 27511-3459 $500,000 May 2022 1,578 SF
323 Chatham, Cary, NC 27511-3245 $475,000 Jan 2019 1,759 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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