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    Property profile & analytics

    400 Field St Cary, NC 27513

    • Commercial real estate
    • 1.12 lot acres
    For Sale
    View listing
    $950,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-1796578
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 400 Field St

    Lot size
    1.12 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.12-acre commercial lot presents a rare opportunity in the heart of Downtown Cary. Situated within the Town Center Area Plan, this elevated, flat property offers significant development potential. Currently zoned Office/Industrial, the site is uniquely suited for a diverse range of businesses. The existing structure features flex warehouse space, previously designed to accommodate a brewery production facility. This adaptable layout makes it suitable for a variety of commercial ventures, a significant advantage given the limited availability of such properties within the downtown zoning regulations. The location itself is a key selling point, placing your business in the vibrant and rapidly growing core of Cary. This prime location offers excellent visibility and accessibility, ensuring strong potential for attracting customers and employees. The 1.12-acre size provides ample space for expansion or the development of a substantial commercial project. Don't miss this chance to establish your business in one of the most sought-after areas of Cary. The property's versatility and prime location make it an exceptional investment opportunity. Contact us today to learn more about this unique property and explore its potential to meet your business needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.77337
    Latitude
    35.79179

    Comparable in this City

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      Updated Townhome Overlooking Peaceful Pond

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    Similar Nearby for Sale

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      1.38 Acres

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      1,200 SF

      Updated Townhome Overlooking Peaceful Pond

      Updated townhome near Downtown Cary with pond view and new interiors.
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    • $1,700,000

      7.6 Acres Near RTP, RDU

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    Similar Nearby for Lease

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      14,900 SF

      Maynard Square Retail Center

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    400 Field St
    Cary, NC 27513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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