400 Ashville Ave Cary, NC 27518
Property profile & analytics
400 Ashville Ave Cary, NC 27518
- Medical Office Space
- 28,437 SF
- 2.05 lot acres
Property ID
US53-0817466
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.
Location Intelligence
Current Use by Public Records
- Fleming Christopher MD / Ophthalmologist
- Dr. Sameh K. Toma, MD / Physician
- Arthritis Knee Pain Centers Cary / Medical Clinic
- Thomas M Howard, MD / Physician
- Care Pediatrics / Pediatrician / Medical Clinic
Property Details for 400 Ashville Ave
- Year built
- 1995
- Construction
- METAL FRAME
- Lot size
- 2.05 lot acres
- Property size
- 28,437 SF
- Zone code
- GCCU
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 0762.14-33-2469 0195507
- APU
- 762143324690195507
Description
Triangle Medical Center, located at 400 Ashville Ave in Cary, NC 27518, offers a unique opportunity to lease medical office space in a thriving Wake County location. This three-story building, constructed in 1995, totals 30,492 square feet and features three individual suites. Currently, 6,367 square feet of space is available for lease, with individual suites ranging from a minimum of 1,421 square feet to a maximum contiguous space of 3,351 square feet. The building boasts ample parking, including both covered and surface options, providing convenient access for patients and staff. Its strategic location within Cary's medical district places it less than half a mile from WakeMed Cary Hospital and within a five-minute drive of the Waverly Place Shopping Center. This prime location offers exceptional convenience for both patients and employees, with numerous nearby dining and retail establishments. The building presents a fantastic opportunity for medical practices seeking a well-established and easily accessible location in a vibrant community. Interested parties should inquire about lease terms and availability for the available suites.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,935,000
- ML approach
- $10,940,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,462,000
Market price range: $7.80M - $11.9M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $9,795,000 Current use
- COMMERCIAL (GENERAL)
- $16,810,000 Change: +72% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $15,670,000 Change: +60% Conversion: Difficult
- RESTAURANT
- $14,815,000 Change: +51% Conversion: Difficult
- RETAIL STORES
- $13,140,000 Change: +34% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $12,015,000 Change: +23% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7868
- Latitude
- 35.7376
- 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
$61,583
$1,607,364
$4,538,596
$6,145,960
-
$1,607,364
$4,538,596
$6,145,960
