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    Property profile & analytics

    523 Main St Fuquay Varina, NC 27526-1941

    • Investment properties
    • 1,632 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Mar 28, 2025
    $440,000
    Location Intelligence
    Property ID
    US53-1645889
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Unique Creations Childcare Center / Day Care Center

    Property Details for 523 Main St

    Year built
    1927
    Construction
    BRICK
    Lot size
    0.54 lot acres
    Property size
    1,632 SF
    Zone code
    DC-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0667.17-00-2296 0061482
    APU
    667170022960061482

    Description

    This exceptional 1,632 square foot freestanding retail building is situated on a 0.54-acre lot at 523 N Main St, Fuquay-Varina, NC 27526. Currently operating as a daycare center under a month-to-month lease, this property presents a fantastic owner-occupant opportunity or significant redevelopment potential. The building enjoys excellent visibility due to its prime frontage along N Main Street and is conveniently located less than half a mile from downtown Fuquay-Varina. Zoned CD-2, the property offers versatility for a wide range of commercial uses. The asking price is $449,000, translating to $275.12 per square foot. This is a single-building property in Wake County, offering a compelling investment prospect in a thriving North Carolina community. The property's size and zoning provide considerable flexibility for future development or continued operation as a daycare. Its location ensures high visibility and accessibility, making it an attractive option for both investors and business owners. Don't miss this chance to acquire a valuable asset in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $415,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $325,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $365,000
      Mixed-Use
      $365,000
      Hospitality
      $350,000
      Educational
      $350,000
      Residential Income
      $345,000
      Energy
      $260,000
      Income-Based Land
      $365,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Fuquay Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7972
    Latitude
    35.5915
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,990
    $293,555
    $161,985
    $455,540
    -
    $293,555
    $161,985
    $455,540

    Comparable in this City

    • Value Estimation
      $260,000
      2,530 SF

      528 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,530 SF
      528 Main St, Fuquay Varina, NC 27526-1942
      View Details
    • Value Estimation by Request
      5,256 SF

      1613 Main St Sta, Unit A

      OFFICE/RESIDENTIAL (MIXED USE) • 5,256 SF
      1613 Main St Sta, Fuquay Varina, NC 27526-9766
      View Details
    • Value Estimation
      $370,000
      1,948 SF

      2410 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,948 SF
      2410 Broad St, Fuquay Varina, NC 27526
      View Details
    • Value Estimation
      $405,000
      6,300 SF

      519 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,300 SF
      519 Broad St, Fuquay Varina, NC 27526-1707
      View Details
    • Value Estimation
      $270,000
      2,343 SF

      607 Ennis St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,343 SF
      607 Ennis St, Fuquay Varina, NC 27526-2014
      View Details
    • Value Estimation
      $365,000
      978 SF

      418 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 978 SF
      418 Main St, Fuquay Varina, NC 27526-1940
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14 SF

      Class A Mixed-Use Development

      Premier mixed-use property in historic downtown Fuquay-Varina.
      145 S Main St, Fuquay Varina, NC 27526
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    • Contact for pricing
      14 SF

      Class A Mixed-Use Development

      Premier mixed-use property in downtown Fuquay-Varina, walkable to amenities.
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      View Details
    • Contact for pricing
      0.76 Acres

      Fuquay-Varina Commercial Land Lots

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      6.09 Acres, RLI Zoning, Excellent Location
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      Fuquay-Varina Commercial Land Opportunity

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    Similar Nearby for Lease

    • $5 SF/Yr
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      Prime Wake County Warehouse

      190,000 SF Warehouse - Available Now
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      View Details
    • Contact for pricing
      1 SF

      Fuquay-Varina Commercial Land Opportunity

      0.8-acre commercial lot, prime location.
      1950 Cinema Dr, Fuquay-Varina, NC 27526
      View Details
    • $37 SF/Yr
      27 SF

      Retail Center with Available Space

      Multitenant retail center with spaces available for lease.
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      View Details
    • Contact for pricing
      369,600 SF

      Fuquay Commerce Center: Class A Warehouses

      369,600 SF Warehouse Space Available
      1201 Nc 42, Fuquay-Varina, NC 27526
      View Details
    • $27 SF/Yr
      67 SF

      Office Condos in Fuquay-Varina

      New office condo development in Fuquay-Varina, convenient location.
      1830-1880 N Broad St, Fuquay Varina, NC 27526
      View Details
    • $32 SF/Yr
      14,538 SF

      The Q: Downtown Fuquay-Varina Office

      Class A Office Space Available in Growing Fuquay-Varina
      145 Main St, Fuquay-Varina, NC 27526
      View Details
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    523 Main St
    Fuquay Varina, NC 27526-1941
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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