Property profile

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

OFF-MARKET
Land
0.99 ac lot
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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

Location

Cor Of Airport Blvd & Perimeter Park Dr Morrisville, NC 27560
Morrisville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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