111 Corning Rd, Cary, NC 27518 Property Records

Wake County property record for 111 Corning Rd, Cary, NC 27518

Property Summary

Property TypeCommercial Office
Details122,030 sqft · built 1996
Lot Size12.9 acres (565,409 sqft)
OwnerCompany Name on Record
Last Sale$72,500,000 (Dec 2024)
Tax Bill$191,500 (2025)
Deeds & MortgagesMay 2021 Line of Credit
Mar 2018 Line of Credit
+ 2 more
Flood ZoneZone X (minimal risk)
APN0772.08-88-9725-000

Property Details

APN / Parcel Number

Primary APN0772.08-88-9725-000
Alternative APNs
  • 0772.08-88-9725 0218986
  • 0772889725
  • 021898601
  • 0218986

Interior

Units43 Units
Stories2 Stories
Building Area122,030 sqft Gross Area
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 1996
Effective Year BuiltEffective 2018
Architectural StyleConventional
Exterior MaterialBrick
Construction TypeSteel Frame
Fire ResistanceFireproof Steel Frame
Foundation TypeNo Foundation
Roof TypeFlat
Lot Area565,409 sqft (12.9 acres)

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelGas
SewerConnected

Location & Zoning

Account Number0218986
Street Address111 CORNING RD
CityCARY
StateNC
Zip27518-9241
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeOI
Legal DescriptionLO4R RCMB CROSSROADS II BM1995-1742
Legal SubdivisionRCMB CROSS
Legal Lot Number4R
JurisdictionWAKE NC
Township / Civil DivisionSWIFT CREEK
Census Block Group5
Census Block5019
Census Tract53003

Owner

Source: Wake County records, as of April 16, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address2001 K ST NW, 775, WASHINGTON, DC 20006-1074
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
May 6, 2021Deed of Trust, Mortgage · Line of Credit
WELLS FARGO BK
Mar 12, 2018Grant Deed, Mortgage · Line of Credit
PNC BK/KY
Feb 12, 2018Quit Claim Deed, Transfer
ATTORNEY ONLY
Feb 12, 2018Grant Deed, Transfer
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 2, 2024 · Amount on Record
Deed SaleDec 2, 2024 · Amount on Record
Deed Book / Page19777 / 1087
Record UpdatedJun 8, 2026

May 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address111 CORNING RD, CARY, NC 27518-9241
Document Number184930238
Instrument DateMay 6, 2021
Transaction TypeMortgage
Record UpdatedMay 24, 2021
Title CompanyFIRST AMERICAN TITLE

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address2765 SAND HILL RD #200 MENLO PARK CA 940257099, 200, MENLO PARK, CA 94025-7099

Mortgage

Document Number184930238
DateMay 7, 2021
Book Page018493/000238
Lender
NameWELLS FARGO BK
TypeBank
Address420 MONTGOMERY ST # 6TH, SAN FRANCISCO, CA 94104-1207
Agreement
TypeLine of Credit
AmountAmount Recorded
Term84 Months
DueMay 6, 2028
Interest
Rate TypeAdjustable Rate

March 2018: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionWAKE NC
Recording DateMar 12, 2018
Property Address111 CORNING RD, CARY, NC 27518-9241
Book / Page017066 / 001711
Instrument DateMar 8, 2018
Transaction TypeMortgage
Record UpdatedMar 23, 2018
Title CompanyFIRST AMERICAN TITLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipPartnership
Address111 CORNING RD CARY NC 275189241, CARY, NC 27518-9241

Mortgage

Document Number170661711
DateMar 12, 2018
Book Page017066/001711
Lender
NamePNC BK/KY
TypeBank
Address575 MARKET ST 28TH, SAN FRANCISCO, CA 94105
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

February 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionWAKE NC
Recording DateFeb 12, 2018
Property Address111 CORNING RD, CARY, NC 27518-9241
Document Number170422467
Book / Page017042 / 002467
Instrument DateFeb 8, 2018
Transaction TypeTransfer
Record UpdatedFeb 22, 2018
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipPartnership
Address2765 SAND HILL RD #200 MENLO PARK CA 940257099, 200, MENLO PARK, CA 94025-7099

February 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionWAKE NC
Recording DateFeb 12, 2018
Property Address111 CORNING RD, CARY, NC 27518-9241
Document Number170422482
Book / Page017042 / 002482
Instrument DateFeb 8, 2018
Transaction TypeTransfer
Record UpdatedFeb 23, 2018
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
Tax$136,000.00
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipPartnership
Address2765 SAND HILL RD #200 MENLO PARK CA 940257099, 200, MENLO PARK, CA 94025-7099

Tax Assessment & Valuation

Source: Wake County assessment roll, as of September 9, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
MunicipalityCary Town
CountyWake County
Unified School DistrictWake County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$191,500.00 (-6.55%)$22,342,825 (+9.25%) Land $6,897,977 Building $15,444,848$22,342,825 (-) Land $6,897,977 Building $15,444,848
2024$22,342,825 (+9.25%) Land $6,897,977 Building $15,444,848
2023$204,916.00$20,450,777 Land $4,450,149 Building $16,000,628$20,450,777 Land $4,450,149 Building $16,000,628

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 7, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 93% of the US · lower than 95% of North Carolina
Wildfire LikelihoodUnder 0.01% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemTOWN OF CARY
serves 227,300 people · EPA ID NC0392020
Water SourceSurface water
Last State InspectionApr 2026
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityE. coli
resolved · May 2023
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 308 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Google Fiber
Fiber
8,000 / 8,000
AT&T
Fiber · DSL in parts of the area
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

Nearby Properties on Corning Rd

Nearby Streets

Search Property Records by Address or Parcel Number