5501 Dillard Dr, Cary, NC 27518 Property Records

Wake County property record for 5501 Dillard Dr, Cary, NC 27518

Property Summary

Property TypeCommercial Office
Details56,760 sqft · built 1996
Lot Size5.56 acres (242,194 sqft)
OwnerCompany Name on File
Last Sale$14,000,000 (Mar 2025)
Tax Bill$72,576 (2025)
Deeds & MortgagesDec 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APN0772.08-99-3135-000

Property Details

APN / Parcel Number

Primary APN0772.08-99-3135-000
Alternative APNs
  • 0772.08-99-3135 0218990
  • 0772993135
  • 021899001
  • 0218990

Interior

Stories2 Stories
Building Area56,760 sqft Gross Area
ElevatorElevator

Exterior

Year BuiltBuilt 1996
Effective Year BuiltEffective 2014
Architectural StyleConventional
Exterior MaterialBrick
Construction TypeSteel Frame
Fire ResistanceFireproof Steel Frame
Foundation TypeRaised
Roof TypeFlat
Lot Area242,194 sqft (5.56 acres)

Utilities, Heating & Cooling

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

Location & Zoning

Account Number0218990
Street Address5501 DILLARD DR
CityCARY
StateNC
Zip27518-9233
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Local Zoning CodeOI
Legal DescriptionLO8R RCMB CROSSROADS II BM1995-1742
Legal SubdivisionRCMB CROSS
Legal Lot Number8R
JurisdictionWAKE NC
Township / Civil DivisionSWIFT CREEK
Census Block Group5
Census Block5019
Census Tract53003

Owner

5501 Dillard Dr, a commercial property, is owned by a company that bought it in March 2025.

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

Owner of RecordCompany Name on File
Mailing Address620 CROSSROADS BLVD, CARY, NC 27518-6965
Owner TypeCompany
VestingLimited Liability Company

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

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 26, 2025 · Amount on File
Deed SaleMar 26, 2025 · Amount on File
Prior SaleNov 18, 2008 · Amount on File
Deed Book / Page19862 / 188
Record UpdatedOct 29, 2026

December 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address5501 DILLARD DR, CARY, NC 27518-9233
Transaction TypeMortgage
Record UpdatedAug 24, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address5400 TRINITY RD 109, 109, RALEIGH, NC 27607-6001

Mortgage

Document Number18220/2510
DateDec 3, 2020
Book Page18220/2510
Lender
NameTOWNEBANK
TypeBank
AddressRALEIGH, NC 27612
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 5501 Dillard Dr was $72,576.

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$72,576.00$8,467,686 Land $2,121,284 Building $6,346,402$8,467,686 Land $2,121,284 Building $6,346,402
2023$84,782.00$8,461,348 Land $1,697,027 Building $6,764,321$8,461,348 Land $1,697,027 Building $6,764,321

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 5501 Dillard Dr in Zone X, an area of minimal flood risk.

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

Wildfire risk around 5501 Dillard Dr is low, with a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

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 47 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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