Property profile

3015 Carrington Mill Blvd Morrisville, NC 27560

FOR LEASE
Industrial land
Property ID
US53-1986792
0.11 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 9,588 square foot executive office space is located within Perimeter Three at Perimeter Park, a master-planned development in Morrisville, NC. Built in 2014, this Class A building boasts 245,352 total square feet and offers efficient floorplates, bright lobbies, and striking glass lines. The space is situated at 3015 Carrington Mill Blvd, in Wake County, within the Raleigh submarket, and is part of a larger complex featuring modern amenities. Its convenient location offers easy access to Interstates 40 and 540, placing it minutes from Raleigh-Durham International Airport and major surrounding areas including Chapel Hill, Durham, and Raleigh. The park-like setting of Perimeter Park provides a pleasant work environment, complemented by nearby walking trails, hotels, retail options, and restaurants, with further amenities planned for future development. This multiple-tenancy building presents a unique opportunity for businesses seeking a prestigious and well-connected location in a thriving area. The property is in excellent condition and ready for immediate occupancy. This space is ideal for a company seeking a significant presence in a highly desirable location.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.11 ac (4,792 SF)
Zoning code OI
APN 158031
UPID US53-1986792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Real Estate Agency
  • Corporate Office
  • Corporate Office
  • Electric Vehicle Charging Station

Location

3015 Carrington Mill Blvd Morrisville, NC 27560
Morrisville metro Census 53609 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2018
4 recorded transactions
2018
$66.2M
2018
$66.2M
2018
Price N/A
2015
$52.8M

Zoning & alternative use

OI · Morrisville, NC
Zoning description

The Office and Institutional District accommodates largescale regional office developments that feature high visual quality and high trip generating uses, including office parks, research and development parks, corporate…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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