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Property profile & analytics
OFF-MARKET Estimated value $1,280,000
Retail space

802 Chatham St Cary, NC 27511-6917

13,288 SF 1.24 ac lot Built 1963
Entity Owned 7-yr Hold Free & Clear
Property ID
US53-5716922
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction BRICK
Total area 13,288 SF
Lot 1.24 ac (54,014 SF)
Zoning code GC
APN 0774.13-02-1973 0017846
UPID US53-5716922
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
  • Patel Brothers Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$1.28M
Owner & transaction history
Chatham Grocery LLC · 7 yrs held
Chatham Grocery LLC
since 2018
3 recorded transactions
2018
Price N/A
2009
$1.1M
1969
Price N/A
Zoning & alternative use
GC · Cary, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(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-Residential Districts (C) Town Center Subdistric…

Zone name General Commercial District
General category COMMERCIAL
Zone area 558.60 ac
Source 4.4.2 Mixed Use Overlay
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