8245 Chapel Hill Rd
Cary, NC 27513 Outlying North Cary/Morrisville

±1.60-acre assemblage with four contiguous parcels located on Chapel Hill Road in Downtown Cary. The property generates approximately $243,616 in NOI.

The site features a mix of commercial and residential improvements totaling ±11,700 square feet, providing income and a covered land position. 

Zoned TC (Town Center), the property supports a range of future redevelopment opportunities, including mixed-use, multifamily, retail, office, and commercial uses. The assemblage has frontage on Chapel Hill Road and Field Street, with strong visibility and access in a high-growth Cary corridor.

Located in Downtown Cary, the property benefits from significant public and private investment, including Downtown Cary Park, streetscape improvements, and new mixed-use development. This is a rare opportunity to acquire an income-producing assemblage with long-term redevelopment upside in a supply-constrained market.

- 8245 Chapel Hill Road: ±9,397 SF (two tenants) and 8255 Chapel Hill Road: ±2,320 SF (0.81 acres)
- 311 Field Street: ±0.48 acres with 824 SF single-family home
- 331 Field Street: ±0.17 acres with 1,326 SF duplex
- 0 Chapel Hill Road: ±0.14 acres