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Property profile & analytics
OFF-MARKET
Commercial real estate

814 Chatham St Cary, NC 27511

0.94 ac lot
Property ID
US53-1556293
Property summary
AI-generated overview

This exceptional .94-acre commercial land parcel in Cary, North Carolina, presents a unique development opportunity. Located at 814 W Chatham St, the property is zoned O&I and offers excellent street exposure. The asking price is $675,000. The site currently includes a single-story dwelling of approximately 1,240 square feet. The Cary Comprehensive Transportation Plan (CTP) designates W. Chatham St. for a 3-lane thoroughfare, with half the right-of-way dedication required from the buyer. Detailed information regarding building setbacks and permitted uses is readily available. Existing water and sanitary sewer services are on-site, and storm drainage options have been outlined, streamlining the development process. This property is ideally suited for a developer seeking to capitalize on Cary's thriving market and create a significant return on investment. The property's location in Wake County, zip code 27511, ensures easy access to major transportation routes and amenities. This is a rare chance to acquire a well-positioned commercial lot in a highly desirable area. Further details are available upon request.

Property profile
Verified
Property type Commercial real estate
Lot 0.94 ac (40,946 SF)
UPID US53-1556293
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
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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