8000 Regency Pkwy, Unit 675 Cary, NC 27518
Property Lookup
Property profile & analytics
8000 Regency Pkwy, Unit 675 Cary, NC 27518
- Office buildings
- 144,998 SF
- 10.65 lot acres
Property ID
US53-1544945
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.
Location Intelligence
Current Use by Public Records
- Cprime / Corporate Office
- DRMP, Inc. / Engineering Consultant
- Oasys Mobile Inc / Mobile Phone Store / Electronics & Wireless Store
- Consolidated Electrical Distribution / Building Supply / Electrical Service
- Belbien / Distribution Center / Logistics Company
Property Details for 8000 Regency Pkwy
- Year built
- 1983
- Lot size
- 10.65 lot acres
- Property size
- 144,998 SF
- Zone code
- OIP
- Property type
- Office buildings
- APN
- 0762.17-10-4644 0124215
- APU
- 762171046440124215
Description
This exceptional 7,135-square-foot Class A office space is available for sublease at 8000 Regency Parkway, Suite 675, in Cary, North Carolina (Wake County, zip code 27518). The property boasts a unique "treehouse" design, featuring abundant natural light from large windows offering tranquil views of trees and a nearby lake. The space is ideal for businesses seeking a productive and inspiring work environment. The layout includes a mix of private offices, collaborative open work areas, multiple conference rooms, a fully equipped kitchen, and a welcoming reception/lobby area. Located within the Regency Park complex, tenants enjoy convenient access to a fitness center, café, and shared conference facilities. The location also provides easy access to outdoor amenities, including walking and biking trails surrounding Symphony Lake and the Koka Booth Amphitheatre. This sublease opportunity presents a rare chance to secure a high-quality, well-appointed office space in a desirable Cary location. The property is categorized as both Executive and Creative Office space, and the entire 7,135 square feet is currently vacant.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $45,340,000
- 6.5%
- $41,850,000
- 7%
- $38,860,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $31,260,000
- AI Estimate
- $24,269,000
Market price range: $31.3M - $46.2MMarket price range: $11.6M - $44.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $38,705,000 Current use
- MEDICAL BUILDING
- $49,950,000 Change: +29% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cary
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7929
- Latitude
- 35.7299
- 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
2023
$229,221
$5,121,611
$17,754,697
$22,876,308
-
$5,121,611
$17,754,697
$22,876,308
