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Property profile & analytics
OFF-MARKET Estimated value $1,410,000
Retail space

280 Meeting St Cary, NC 27518-0007

18,058 SF 2.36 ac lot Built 2006
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US53-0515772
Property summary
AI-generated overview

This exceptional retail opportunity is located at 280 Meeting St, Suite 104, in Cary, North Carolina, within the Centrum Station development in Wake County (zip code 27518). The space totals 1,467 square feet and is currently vacant, presenting an immediate opportunity for a new tenant. The larger building encompasses 18,000 square feet and features a multi-tenant configuration, suggesting a vibrant and established commercial environment. The property's location in Cary, a thriving North Carolina city, offers excellent access to a substantial customer base. This prime retail space is ideal for a variety of businesses seeking high visibility and convenient access. The address is easily accessible from major roadways, ensuring high traffic flow and potential for significant customer reach. The 1,467 square foot space provides ample room for a variety of retail configurations, allowing for customization to suit specific business needs. This is a rare opportunity to secure a well-located retail space in a bustling commercial center. Interested parties are encouraged to inquire promptly to secure this desirable property. The property is situated at latitude 35.75636 and longitude -78.7447522.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction FRAME
Total area 18,058 SF
Lot 2.36 ac (102,802 SF)
Zoning code GCP
APN 0773.19-50-7412 0340403
UPID US53-0515772
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
  • Moe's Southwest Grill Restaurant
  • Lacrosse Unlimited of Cary-NC (Bike/Boat/Book/etc) Store
  • Tenko Japan Restaurant
  • Releve Dancewear Dance Store
  • AlignLife - Chiropractic & Natural Health Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
$1.78M
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.41M
Owner & transaction history
Tydajer Ents LLC · 10 yrs held
Tydajer Ents LLC
since 2016
3 recorded transactions
2020
Price N/A
2016
$6.3M
2010
$2.4M
Zoning & alternative use
GCP · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source 4.4.2 Mixed Use Overlay
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