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Property profile & analytics
OFF-MARKET
Office buildings

5501 Dillard Dr Cary, NC 27518-9233

56,760 SF 5.56 ac lot Built 1996
Entity Owned 1-yr Hold Free & Clear
Property ID
US53-5489615
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction BRICK
Total area 56,760 SF
Lot 5.56 ac (242,194 SF)
Zoning code OI
APN 0772.08-99-3135 0218990
UPID US53-5489615
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
  • A4 Health Systems (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dillard Holdings LLC · 1 yrs held
Dillard Holdings LLC
since 2025
Last sale
$140,000
7 recorded transactions
2025
Price N/A
2025
$140,000
2020
Price N/A
2009
$7.3M
2008
$7.3M
2005
$6.6M
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
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