Property profile

523 Old Apex Rd Cary, NC 27511

OFF-MARKET
Warehouses
Property ID
US53-0776341
5,250 SF 1.39 ac lot Built 1985
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction METAL FRAME
Total area 5,250 SF
Lot 1.39 ac (60,548 SF)
Zoning code GCP
APN 0764.17-11-7181 0042414
UPID US53-0776341

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

523 Old Apex Rd Cary, NC 27511-6709
Cary metro Census 53507 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.29M

Owner & transaction history

since 2020
Last sale
$1.2M
4 recorded transactions
2020
$1.2M
2014
$380,000
2011
$400,000
1969
Price N/A

Zoning & alternative use

GCP · Cary, NC
Top alternative use upside
Medical building $1.8M +51.6%

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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