501 James Jackson AveCary, NC 27513

  • Warehouses
  • 12,308 SF
For Lease
$22/SF/YR View listing

Property Details for 501 James Jackson Ave

Year built
1999
Construction
CONCRETE BLOCKS
Lot size
1.66 AC
Property size (Sq ft)
12,308 SF
Zone code
ORD
Property type
Warehouses
APN
0754.11-55-7678 0247166
APU
754115576780247166

Description

This Cary, NC property offers 13,500 square feet of versatile flex space across five suites, situated at 501 James Jackson Avenue, at the intersection of Towerview Court, between Maynard Road and Cary Parkway. The single-story, 1999-built building underwent renovations in 2016 and is classified as Class B. The 1.66-acre lot is zoned ORD. Available spaces range from 2,050 to 4,000 contiguous square feet, with 8,150 square feet currently vacant. Units 501 and 503 (4,000 sq ft total) feature large open areas, expansive storefront windows, and roll-up doors, ideal for industrial or retail uses. Unit 505 (highly visible from James Jackson Avenue) offers double-pane windows and is suitable for office, salon, or medical spa use; existing furniture, fixtures, and equipment are available for $11,111. The modified gross rent for Unit 505 is $22 per square foot annually. Unit 507 is currently leased. All units offer floor plans for review. The property boasts ample dedicated parking, highly visible signage, and is handicap accessible. Electric power is available. There are no elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,454,438
    Hospitality
    $3,164,247
    Educational
    $2,632,616
    Medical
    $2,723,156
    Retail
    $4,095,181

Location Insight

City
Cary
County
Wake
State
North Carolina
Latitude
35.7987
Longitude
-78.8119
CBSA code
39580
CBSA name
RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,876
$414,792
$1,469,020
$1,883,812
-
$414,792
$1,469,020
$1,883,812

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