Technical
Financial
Distress signals
Property profile

975 Walnut St Cary, NC 27511

OFF-MARKET
Commercial real estate
Property ID
US53-1971986
55,409 SF 2.5 ac lot Built 1975
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 55,409 SF
Lot 2.5 ac (108,900 SF)
Zoning code GC
APN 0763.12-96-7625 0080867
UPID US53-1971986

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Consultant
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Freight Service Logistics Company

Location

975 Walnut St Cary, NC 27511-4229
Cary metro Census 53516 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.59M
Comparable Approach Comparable
$6.74M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2019
6 recorded transactions
2019
Price N/A
2017
Price N/A
2015
Price N/A
2014
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Cary, NC
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 DISTR…

General category COMMERCIAL

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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