Property profile

313 Colonades Way Cary, NC 27518

OFF-MARKET
Drive through restaurants
Property ID
US53-2105082
2,934 SF 1.45 ac lot Built 1993
Individually Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Construction BRICK
Total area 2,934 SF
Lot 1.45 ac (63,162 SF)
Zoning code GCM
APN 0762.15-54-5281 0168436
UPID US53-2105082

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

313 Colonades Way Cary, NC 27518-7010
Cary metro Census 53004 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2003
5 recorded transactions
2003
$1.5M
2003
$1.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GCM · Cary, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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