Property profile

3300 Paramount Pkwy Morrisville, NC 27560

FOR LEASE
Office buildings
Property ID
US53-1035180
100,188 SF 8.12 ac lot Built 2018
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2018
Total area 100,188 SF
Lot 8.12 ac (353,707 SF)
Zoning code OI
APN 0746.02-95-7400 0240161
UPID US53-1035180

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
  • Construction Company General Contractor
  • Business Management Consultant
  • Factory Production Facility

Location

3300 Paramount Pkwy Morrisville, NC 27560
Morrisville metro Census 53609 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.39M

Owner & transaction history

since 2020
Last sale
$1.9M
4 recorded transactions
2020
$28.3M
2017
Price N/A
2017
$2.3M
2015
$1.9M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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