Property summary
This exceptional 4.84-acre commercial land parcel presents a unique investment opportunity in the thriving Cary, North Carolina market. Located at 3301 Morrisville Parkway, this property boasts unparalleled visibility and accessibility, situated just 0.25 miles east of NC-55, a major thoroughfare with an impressive average annual daily traffic count of 15,500 vehicles. The property is within the Cary Planning Jurisdiction and zoned OI (Office and Institutional District), offering a wide range of permitted uses to suit various development plans. These permitted uses include, but are not limited to, daycare centers, office spaces, recreation centers, veterinary clinics, restaurants, and retail establishments. The OI zoning designation is ideal for businesses and institutions that benefit from proximity to more intensive commercial areas. This strategic location ensures high traffic volume and excellent exposure for any development. Furthermore, the site benefits from the convenience of readily available public water and sewer services. The property's APN is 0735602509. This is a rare opportunity to acquire a substantial commercial land parcel in a prime location with significant development potential. The asking price for this exceptional property is $1,499,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight