Property profile

406 Faculty Ave Cary, NC 27511

OFF-MARKET
Investment properties
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Property ID
US53-0556982
1,344 SF 0.25 ac Built 1959
Last sale Jan 2023·$475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$346k
Assessed land$204k
Assessed improvement$142k
Effective rate1.01%

Value estimate

· Nov 2026
$455k
$410k – $501k
AI approach$540k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$591/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$341 – $992
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GCP
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.6
Locksmith9.3
Electrical Service8.9

Location

406 Faculty Ave Cary, NC 27511-3314
County assessor Recorded deeds · 5 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
903 Kildaire Farm, Cary, NC 27511-3942 $950,000 Sep 2023 1,716 SF
1500 Walnut, Cary, NC 27511-5927 $550,000 Aug 2022 1,514 SF
106 Dry, Cary, NC 27511-3313 $950,000 Jul 2022 1,516 SF
232 Chatham, Cary, NC 27511-3459 $500,000 May 2022 1,578 SF
304 Mayton Vw, Cary, NC 27511-3355 $585,000 Jun 2020 1,034 SF
323 Chatham, Cary, NC 27511-3245 $475,000 Jan 2019 1,759 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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