Property profile

401 Colonades Way Cary, NC 27518

OFF-MARKET
Auto shops
Property ID
US53-0568378
5,200 SF 0.91 ac lot Built 1995
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,200 SF
Lot 0.91 ac (39,640 SF)
Zoning code GCCU
APN 0762.15-64-0448 0168434
UPID US53-0568378

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
  • Auto Repair Shop

Location

401 Colonades Way Cary, NC 27518-7071
Cary metro Census 53004 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$726k
Blend (final) Blend
$565k

Owner & transaction history

since 2008
2 recorded transactions
2008
$746,000
1969
Price N/A

Zoning & alternative use

GCCU · Cary, NC

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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