Property profile

400 Matrix Dr Cary, NC 27513

OFF-MARKET
Day care centers
Property ID
US53-2297906
27,263 SF 5.94 ac lot Built 1989
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1989
Construction CONCRETE BLOCKS
Total area 27,263 SF
Lot 5.94 ac (258,746 SF)
Zoning code OI
APN 0775.01-05-8171 0277293
UPID US53-2297906

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office
  • High School

Location

400 Matrix Dr Cary, NC 27513
Cary metro Census 53521 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.30M

Owner & transaction history

Zoning & alternative use

OI · Cary, NC
Zoning description

(I) OI: Office and Institutional District (J) GC: General Commercial District (K) CT: Walnut Street Corridor Transitional District (L) ORD: Office/Research and Development District (M) I: Industrial District (N) TC: Town…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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