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    OFF-MARKET
    Land

    0 Cor Of Airport Blvd & Perimeter Park Dr, Morrisville, NC 27560

    0.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity in Morrisville, North Carolina. Strategically located at the northwest corner of Airport Boulevard and Perimeter Park Drive, this property boasts premium frontage and visibility. Its location offers unparalleled access to the bustling commercial corridor, less than two miles from Raleigh-Durham International Airport (RDU). The site benefits from a fully signalized intersection, providing convenient access from both Airport Boulevard (34,500 daily traffic counts) and Perimeter Park Drive. The property is zoned for flexible Commercial Corridor use, allowing for a wide range of development possibilities. The surrounding area is characterized by a dense market with strong daytime traffic, numerous employers, and a variety of amenities. Proximity to Interstate 40 (157,000 daily traffic counts) further enhances its strategic value. This high-traffic location, combined with the flexible zoning and convenient access to RDU, makes this property ideal for businesses seeking a prominent presence in a thriving market. The site's size and location offer significant potential for development and long-term growth. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering.

    Property profile
    Verified
    Property type Land
    Lot 0.99 ac (43,124 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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