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Property profile & analytics
OFF-MARKET Estimated value $9,515,000
Office buildings

501 Sas Campus Dr Cary, NC 27513-2080

37,860 SF 6.41 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
Property ID
US53-1477260
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 37,860 SF
Lot 6.41 ac (279,220 SF)
Zoning code OI
APN 0775.01-16-2255 0277282
UPID US53-1477260
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SAS Building V Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.93M
Comparable Approach Comparable
$10.34M
Blend (final) Blend
$9.52M
Owner & transaction history
SAS INSTITUTE INC
SAS INSTITUTE INC
Zoning & alternative use
OI · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Center District 4.3 CONDITIONAL USE DISTRICTS 4.3.1 Purpose and Intent 4.3.2 Districts Established (A) Residential Districts (B) Non-Reside…

Zone name Office And Institutional District
General category CIVIC_INSTITUTIONAL
Zone area 682.84 ac
Source 4.4.2 Mixed Use Overlay
Top alternative use upside
Medical building $13.0M +54.6%
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