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    2205 Evans Rd Cary, NC 27513
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    Property profile & analytics

    2205 Evans Rd, Cary, NC 27513

    View on Map

    • Banks
    • 3,254 SF
    • 1.38 lot acres
    Prime Commercial Development Opportunity For Sale
    $2,605,000
    8.70 Acres

    Prime Commercial Development Opportunity

    Commercial land for sale in North Cary with high visibility.

    2205 Evans Rd, Cary, NC 27513
    View Listing
    Property ID
    US53-1917563
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ATM (First Citizens Bank) / Atm

    Property Details for 2205 Evans Rd

    Year built
    1999
    Construction
    CONCRETE BLOCKS
    Lot size
    1.38 lot acres
    Zone code
    GCP
    Property type
    Banks
    APN
    0755.02-75-2748 0255776
    APU
    755027527480255776

    Description

    This exceptional commercial land offering in Cary, North Carolina presents a unique development opportunity. Encompassing approximately 1.38 to 3.39 acres, the property boasts a highly visible location at the intersection of Evans Road (18,000 vehicles per day) and Weston Parkway (17,500 vehicles per day) in the Weston Major Planned Development District (PDD). Zoned Office and Institutional (O&I) with a Commercial District Overlay (CDO), this site allows for a wide range of commercial uses, including retail stores, restaurants, and offices. The land features rough-graded pads with existing municipal water, sewer, and stormwater infrastructure in place, simplifying the development process. The area demonstrates strong demographics, with an average household income exceeding $143,000 within a one-mile radius, and a robust employer base including Metlife, Biologics, Inc., Pennymac, and Intel Corporation, situated in nearby Lakeview and Centre Green Business Parks. The site's proximity to major roadways—three minutes from Highway 54, five minutes from I-40, and ten minutes from I-540—further enhances its appeal. The lack of established retail within a one-mile radius presents a significant opportunity to serve the substantial residential and employment population. The property's APN numbers are 0755760051, 0755752748, 0755751632, and 0755764026. The site is ideally positioned to capitalize on the growth and development within the Research Triangle Park area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,505,000
      ML approach
      $2,660,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,513,000
      Market price range: $1.16M - $4.14M

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


    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8069
    Latitude
    35.8265
    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
    $16,944
    $889,672
    $801,312
    $1,690,984
    -
    $889,672
    $801,312
    $1,690,984
    View Listing
    More about this property
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