For Sale
$3,295,350

201 Commonwealth Ct Cary, NC 27511

Multi-tenant office building, 14,646 SF, Cary, NC

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional value-add investment opportunity presents a two-story, 14,646 square foot multi-tenant office building located at 201 Commonwealth Court in Cary, North Carolina. Built in 1986, this Class B property sits on a 1.11-acre lot and offers a generous 3.5 parking spaces per 1,000 square feet. The asking price is $3,295,350, translating to $225 per square foot. The building is zoned OI (Office Institutional) and enjoys a convenient location within a quiet office park, offering easy access to major thoroughfares including Kildaire Farm Road, Cary Parkway, Maynard Road, and US 1/US 64 Highway. Its strategic location provides proximity to a wide array of restaurants, retail establishments, and other amenities. This multi-tenant building presents a compelling opportunity for investors seeking a strong return in a desirable Cary location. The property's size and parking ratio make it attractive to a variety of tenants. This is a rare chance to acquire a well-situated office building with significant upside potential.

Highlights

  • Quiet office park setting.
  • Ample parking with a 3.5/1,000 ratio.
  • Excellent location off Kildaire Farm Road, providing easy access to major thoroughfares.
  • Close proximity to a variety of restaurants and retail options.
  • 14,646 square foot multi-tenant building.

Property Details for 201 Commonwealth Ct

Property type
Office properties
Square Feet
14,646 SF
Class
B
Year Built
1986
Buildings
1
Stories
2
Lot Size (sq. ft)
48,352 SF

Location Insight

City
Cary
County
Wake
State
North Carolina
Latitude
35.76757739
Longitude
-78.78444446

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FAQs

What type of property is this?
Office property - Multi-tenant office building, 14,646 SF, Cary, NC
Where is the office property located?
The property is located at 201 Commonwealth Ct Cary, NC.
What is the asking price?
The asking price for this property is $3,295,350.
What are key features of this property?
This property features: Quiet office park setting.; Ample parking with a 3.5/1,000 ratio.; Excellent location off Kildaire Farm Road, providing easy access to major thoroughfares.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Moss Withers
Moss Withers
Will Judy
Karah Jennings
Karah Jennings
Visit Broker Website

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Useful Information

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Commonwealth Ct
Cary, NC 27511

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Commonwealth Ct
Cary, NC 27511

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

201 Commonwealth Ct
  • Moss Withers
    Moss Withers
  • Will Judy
  • Karah Jennings
    Karah Jennings
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