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Property profile & analytics
OFF-MARKET Estimated value $1,625,000
Retail space

329 Harrison Ave Cary, NC 27513-4560

16,958 SF 1.69 ac lot Built 1987
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US53-0388505
Property summary
AI-generated overview

This exceptional retail opportunity is located at 329 N Harrison Ave in Cary, North Carolina, within the Shoppes on Harrison. The property is a 16,813 square foot building currently housing multiple tenants. A single, vacant suite of 1,220 square feet is immediately available for lease. This space is classified as inline, endcap, and is a second-generation gym space, presenting a unique opportunity for a variety of retail uses. The building is situated in Wake County, offering excellent access to a thriving community. The precise configuration of the space allows for flexible layout options to suit diverse business needs. The address is conveniently located at 329 N Harrison Ave, Cary, NC 27513, providing easy access for customers and employees. This prime retail location offers high visibility and significant foot traffic, making it an ideal space for businesses seeking to establish or expand their presence in the Cary market. The available space is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional retail space. The property is categorized as commercial retail.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction BRICK
Total area 16,958 SF
Lot 1.69 ac (73,616 SF)
Zoning code GCP
APN 0764.14-42-1565 0001303
UPID US53-0388505
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
  • Ignium Strength + Conditioning Gym & Fitness Center
  • Downtown Fitness & Wellness Gym & Fitness Center
  • Bosphorus Restaurant Restaurant
  • Ayala Inc Hardware & Home Improvement Home Appliance Store
  • PAYMORE - Buy, Sell & Trade Electronics Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
$1.67M
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$1.63M
Owner & transaction history
Shoppes On Harrison LLC · 7 yrs held
Shoppes On Harrison LLC
since 2018
6 recorded transactions
2018
$3.2M
2015
Price N/A
2013
Price N/A
2012
$1.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GCP · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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