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    10404 Chapel Hill Rd Morrisville, NC 27560

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    For Lease
    $5,105 /Mo ($2 SF/Yr)

    Flex space with office and warehouse components available for lease.

    Property size:
    28,000 SF
    Lot size:
    28,000 SF

    Property Features for 10404 Chapel Hill Rd

    General Information

    Size
    28,000 SF

    Building Details

    Year built
    1999

    Source: Ed Brown, SIOR, CCIM Agent Ed Brown, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office and Warehouse Flex Space

    Approximately 2,025 square feet of flex space is available, featuring about 1,625 square feet of office space and 400 square feet of warehouse space. The entire space is equipped with HVAC. The office area includes a reception area, a conference room, two offices, a breakroom, and one restroom. The warehouse area has a 16-foot clear ceiling height and one drive-in door. A shared scissor lift is available. The property features LED lighting, a 2-hour firewall, and building signage. Abundant employee parking is provided. Electric service is supplied by Duke Progress Energy (120/240 V, 10kW), and Piedmont Natural Gas is individually metered. The property is zoned IM. The location fronts on Highway 54 and is situated 4 miles from RDU. The lease term is 5 years. The building size is 28,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Catering On Demand

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8291041
    Latitude
    35.8374254

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    FAQs

    What type of property is this?
    Flex space - Flex space with office and warehouse components available for lease.
    Where is this flex space located?
    The property is located at 10404 Chapel Hill Rd Morrisville, NC.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Combination of ±1,625 SF of office and ±400 SF of warehouse space.; - Convenient location 4 miles from RDU and frontage on Hwy 54.; - Benefit from **16’ clear ceiling height** and 1 drive-in door in the warehouse.
    (919) 345-5939
    Request Owner's contact information
    10404 Chapel Hill Rd Morrisville, NC 27560
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    Morrisville, NC 27560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10404 Chapel Hill Rd Morrisville, NC 27560
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