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    703 Slater Rd Morrisville, NC 27560

    • Commercial real estate
    • 35,350 SF
    For Lease
    View listing
    $30 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US53-0694604
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 703 Slater Rd

    Year built
    2024
    Property size
    35,350 SF
    Property type
    Commercial real estate

    Description

    This exceptional Class A office building, located at 703 Slater Road in Morrisville, North Carolina, offers 35,350 square feet of prime commercial and executive office space. Completed in 2024, this three-story building sits on a 2.89-acre lot and boasts a modern design. The property is ideally situated in a premier suburban office submarket, providing convenient access to Interstates 40 and 540, and is just minutes from Raleigh-Durham International Airport. Multiple tenancy options are available, with a minimum divisible space of 12,017 square feet and a maximum contiguous space of 12,017 square feet. The entire 35,350 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple occupants. Ample parking is provided, with a ratio of 4.14 spaces per 1,000 square feet. This property is located in Durham County, North Carolina, and offers a highly desirable location for businesses seeking a modern, efficient, and conveniently located workspace. The building's classification as Class A reflects its high-quality construction and amenities. This is an unparalleled opportunity to secure a prominent presence in a thriving business community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Durham
    State
    North Carolina
    Longitude
    -78.829394
    Latitude
    35.8678509

    Comparable in this City

    • $30 SF/Yr
      90,000 SF

      Prime Morrisville Office Space

      9,212 SF Available in Class A Building
      4000 Paramount Pkwy, Morrisville, NC 27560
      View Details
    • $26 SF/Yr
      80,067 SF

      Perimeter Park Executive Suites

      Class A Office Space, RTP Corridor
      1500 Perimeter Park Dr, Morrisville, NC 27560
      View Details
    • $32 SF/Yr
      209,657 SF

      Perimeter Two Executive Offices

      Prestigious Morrisville Office Space Available
      3020 Carrington Mill Blvd, Morrisville, NC 27560
      View Details
    • $27 SF/Yr
      57,757 SF

      Prime Morrisville Executive Suites

      Class A Office Space, Newly Renovated
      630 Davis Dr, Morrisville, NC 27560
      View Details
    • $16 SF/Yr
      4,608 SF

      Morrisville Executive Office Space

      Modern Flex Space, 2310 sq ft Available
      0 1101Aviation Pkwy, Morrisville, NC 27560
      View Details
    • $20 SF/Yr
      42,960 SF

      Morrisville Executive Office Space

      Modern Office, 21,175 SF Available
      2701 Aerial Center Pkwy, Morrisville, NC 27560
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      33 SF

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      Morrisville Office Building - Class A

      35,350 SF Office, Prime Location, Vacant
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    • $2,150,000
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      Gateway Centre Blvd Office Building

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    • Contact for pricing
      4.59 Acres

      NC Hwy 54 Mixed-Use Opportunity

      Prime Morrisville location, 33,000 SF, 4.58 acres
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    • Contact for pricing
      73,614 SF

      Class A Office Building

      Three-story office building convenient to RTP, Raleigh, Durham, and RDU.
      101 J Morris Commons Ln, Cary, NC 27560
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      90,000 SF

      Prime Morrisville Office Space

      9,212 SF Available in Class A Building
      4000 Paramount Pkwy, Morrisville, NC 27560
      View Details
    • $15 SF/Yr
      35,642 SF

      Office/Flex Space with Shared Dock

      3,663 RSF office/flex space with shared dock access available.
      600 Airport Blvd, Morrisville, NC 27560
      View Details
    • $20 SF/Yr
      13,890 SF

      Prime Morrisville Executive Suites

      Modern Office Space, Flexible Lease Options
      2880 Slater Rd, Morrisville, NC 27560
      View Details
    • $20 SF/Yr
      42,960 SF

      Morrisville Office Space Sublease

      Modern RTP Office, 21,175 SF Available
      2701 Aerial Center Pkwy, Morrisville, NC 27560
      View Details
    • $28 SF/Yr
      73,700 SF

      Town Hall Commons III Office Space

      Class A Morrisville Executive Office Suites
      101 J Morris Cmns Ln, Morrisville, NC 27560
      View Details
    • $32 SF/Yr
      204,000 SF

      Perimeter Park Executive Suites

      Class A Office Space in Morrisville, NC
      3005 Carrington Mill Blvd, Morrisville, NC 27560
      View Details
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    703 Slater Rd
    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
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