10315 Chapel Hill Rd Morrisville, NC 27560
This exceptional flex/warehouse property, located at 10315 Chapel Hill Rd in Morrisville, NC, offers 15,000 square feet of immediately available space within a larger 24,206 square foot building situated on a 1.52-acre lot. The building features a desirable multi-tenant configuration, providing flexibility for various business needs. The available space boasts impressive ceiling heights ranging from 17 to 22 feet, ideal for storage or high-bay operations. Access is convenient with two drive-in doors and one dock-high door. Ample parking is provided with a ratio of 1.1 spaces per 1,000 square feet. The property is a two-story structure and benefits from robust electrical service, including 120/208 V - 400 AMPS, 225 AMPS, and 125 AMPS - 3 Phase power. Its location in Wake County, North Carolina, offers easy access to major transportation routes and a thriving business community. This is a prime opportunity for businesses seeking a versatile and well-equipped industrial space in a highly desirable location. The property's zoning and specific permitted uses should be verified independently. This listing represents only the available 15,000 square feet
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.