300 Ashville AveCary, NC 27518

Property Details for 300 Ashville Ave

Year built

1998

Construction

BRICK

Lot size

0.74 AC

Property size (Sq ft)

62,464 SF

Zone code

GCCU

Property type

Medical offices

Property subtype

Medical centers

APN

0762.14-34-5273 0269806

APU

762143452730269806

Description

The Medical Park 300, located at 300 Ashville Ave in Cary, NC 27518, presents a unique opportunity within Wake County's thriving medical community. This three-story, 62,464 square foot medical office building was constructed in 1998 and offers immediate access to Cary's WakeMed Campus. The building currently houses a diverse range of medical professionals and specialists, establishing a strong existing medical presence. Two suites are currently available, providing flexible space options. The minimum divisible space is 3,507 square feet, while the maximum contiguous space available is 3,590 square feet. A total of 7,097 square feet of vacant space is ready for immediate occupancy. This prime location in Cary's medical hub offers excellent visibility and accessibility, making it an ideal setting for medical practices seeking expansion or relocation. The building's strategic placement ensures convenient access for patients and staff alike. This is an exceptional opportunity to establish or expand your medical practice in a high-demand area with a well-established medical presence. Contact us today to learn more about this exceptional property and its potential.

• CAP approach

  CAP return

  Valuation

  6%

  $15,316,523

  6.5%

  $14,138,329

  7%

  $13,128,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,939,471

  Geo Method

  $14,337,987

• Alternative Use

  Use

  Valuation

  Residential

  $17,531,528

  Hospitality

  $16,058,785

  Educational

  $13,360,720

  Medical

  $13,820,216

  Retail

  $20,783,342

Location Insight

City

Cary

County

Wake

State

North Carolina

Latitude

35.7398

Longitude

-78.7858

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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