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    3300 Regency Pkwy Cary, NC 27518-8565

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    3300 Regency Pkwy Cary, NC 27518-8565


    • Office buildings
    • 28,800 SF
    • 3.04 lot acres
    Off-Market
    Last Sale Nov 14, 2022
    $6,430,000
    Property ID
    US53-1073652
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,430,000
    Show details
    Cap Rate Potential
    8.1%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • NV5 / Structural Engineer / Engineering Consultant
    • RDK Engineers, an NV5 Company & Sebesta - SEDC, Inc., an NV5 Company / Engineering Consultant

    Property Details for 3300 Regency Pkwy

    Year built
    2000
    Lot size
    3.04 lot acres
    Property size
    28,800 SF
    Zone code
    GCP
    Property type
    Office buildings
    APN
    0762.18-31-1308 0300139
    APU
    762183113080300139

    Description

    This exceptional single-story office building, located at 3300 Regency Parkway in Cary, North Carolina, presents a unique investment opportunity. The property, classified as Class B, boasts a total of 28,260 square feet and comprises a single suite. Built in 2000, the building offers convenient access and ample parking with 20 spaces available. Currently, there is 4,986 square feet of vacant space within the 28,260 square foot building, presenting a significant opportunity for immediate occupancy or lease. The property's location in Wake County, North Carolina, within the vibrant Cary market, ensures high visibility and accessibility. The single-story design offers efficient use of space and ease of navigation. This executive office space is ideal for a variety of businesses seeking a well-maintained, conveniently located office building in a thriving area. The property's size and layout provide flexibility for various business needs, making it an attractive option for companies seeking to establish or expand their presence in Cary. The ample parking ensures convenient access for employees and clients alike. This is a rare opportunity to acquire a well-situated, single-story office building in a highly desirable location. The available vacant space presents a chance to customize the space to meet specific business requirements. The property's features and location make it an excellent investment opportunity in a growing market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,645,000
      ML approach
      $7,030,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,005,000
      6.5%
      $8,310,000
      7%
      $7,720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,208,000
      Market price range: $6.21M - $9.17M
      AI Estimate
      $4,558,000
      Market price range: $2.31M - $8.85M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $7,690,000
      Current use
      MEDICAL BUILDING
      $9,920,000
      Change: +29% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7873
    Latitude
    35.7318
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,056
    $1,536,095
    $2,760,870
    $4,296,965
    -
    $1,536,095
    $2,760,870
    $4,296,965
    More about this property
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