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    250 Kitty Hawk Dr Morrisville, NC 27560

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    For Sale
    Contact for pricing

    Prime Commercial Lot, Morrisville, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2.45-acre commercial lot, identified as Lot 4A, is situated at 250 Kitty Hawk Drive in Morrisville, North Carolina, within Wake County (zip code 27560). The property boasts an ORD permitted zoning designation, offering significant development potential. Its location provides unparalleled convenience, being one of the few remaining lots within the desirable Kitty Hawk area. This prime location offers easy access to the Triangle region and is in close proximity to the airport, making it an attractive option for businesses seeking convenient transportation links. The lot's size presents a substantial opportunity for various commercial ventures, from retail spaces to light industrial developments. The address is precisely 250 Kitty Hawk Dr, Morrisville, NC 27560, with GPS coordinates of 35.887381 latitude and -78.8026299 longitude. Given its size, zoning, and strategic location, this property represents a rare and valuable investment opportunity in a thriving North Carolina market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land parcel. The property is ready for development and offers a unique chance to establish a presence in a high-growth area.

    Property Features for 250 Kitty Hawk Dr

    General Information

    Property type
    Land
    Lot Size
    106,722 SF

    HighLights

    • 2.45‑acre commercial land parcel in Morrisville, NC.
    • Located in the ORD zoning district.
    • Situated on Kitty Hawk Drive.
    • Close proximity to RDU Airport and easy access to the Triangle region.
    • Lot 4A.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8026299
    Latitude
    35.887381

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Morrisville, NC
    Where is this land located?
    The property is located at 250 Kitty Hawk Dr Morrisville, NC.
    What are key features of this property?
    This property features: 2.45-acre commercial land parcel in Morrisville, NC.; Located in the ORD zoning district.; Situated on Kitty Hawk Drive.
    Request Owner's contact information
    250 Kitty Hawk Dr 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
    250 Kitty Hawk Dr Morrisville, NC 27560
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