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Property profile & analytics
OFF-MARKET Estimated value $2,510,000
Office buildings

270 Cornerstone Dr Cary, NC 27519-8400

12,225 SF 1.24 ac lot Built 2002
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-1111421
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Construction BRICK
Total area 12,225 SF
Lot 1.24 ac (54,014 SF)
Zoning code OI
APN 0744.04-51-2634 0213155
UPID US53-1111421
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vendgogh Big Box & Wholesale Store
  • Tryon Family Dentistry Dental Office
  • Dr. Tara Bell, DDS: Bell Family Dentistry Dental Office
  • MacKenzie Mary MD Pediatrician Physician
  • Synopia Rx Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.51M
Owner & transaction history
Jp Grant Properties LLC · 9 yrs held
Jp Grant Properties LLC
since 2016
7 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
2016
Price N/A
2016
$468,500
2004
$564,500
Zoning & alternative use
OI · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(I) OI: Office and Institutional District (J) GC: General Commercial District (K) CT: Walnut Street Corridor Transitional District (L) ORD: Office/Research and Development District (M) I: Industrial District (N) TC: Town Center District 4.3 CONDITIONAL USE DISTRICTS 4.3.1 Purpose and Intent 4.3.2 Districts Established (A) Residential Districts (B) Non-Reside…

Zone name Office And Institutional District
General category CIVIC_INSTITUTIONAL
Zone area 682.84 ac
Source 4.4.2 Mixed Use Overlay
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