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Property profile & analytics
OFF-MARKET Estimated value $8,700,000
Office buildings

51 Kilmayne Dr Cary, NC 27511-7719

40,056 SF 2.64 ac lot Built 2002
Individually Owned ~ Est. High Equity
Property ID
US53-1101357
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Construction BRICK
Total area 40,056 SF
Lot 2.64 ac (114,998 SF)
Zoning code OI
APN 0763.15-54-1771 0283571
UPID US53-1101357
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
  • Dentistry By Design of Cary Dental Office
  • Laura Zimmerman-Whayne - RE/MAX United Real Estate Agency
  • Comperio Retirement Consulting Consultant
  • Mangrum Rick Real Estate Agency
  • Gina Miller & Associates, Inc., RE/MAX United Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.84M
CAP Approach CAP
$11.56M
Comparable Approach Comparable
$9.71M
Blend (final) Blend
$8.70M
Owner & transaction history
Bedard Law PLLC
Bedard Law PLLC
since 2025
5 recorded transactions
2025
Price N/A
2020
$6.9M
2016
$5.9M
1969
Price N/A
1969
Price N/A
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 $13.8M +63.7%
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