251 Wellesley Trade Ln Cary, NC 27519
This exceptional 1.19-acre commercial land parcel in Cary, NC, presents a remarkable investment opportunity. Located at 251 Wellesley Trade Lane, this property boasts a prime location at the intersection of NC 55 Hwy and Green Level West Road, offering convenient access to major thoroughfares. It's just one mile from NC 540 Hwy and three miles from US 64 Hwy, ensuring excellent connectivity for businesses and employees. The property's strategic positioning near the new Duke Health medical campus, a 40-bed hospital on Green Level West Road, further enhances its appeal. The site is zoned for Office & Institutional Conditional Use, making it ideal for a variety of commercial developments, including medical offices, professional offices, or daycare facilities. Utilities are readily available on-site, simplifying the development process. The property's Wake County PIN is 0734729341. With its exceptional location, versatile zoning, and proximity to key infrastructure and healthcare facilities, this land parcel represents a compelling investment opportunity for developers seeking a high-growth area in Cary. The asking price is $735,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.