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    Property profile & analytics

    2121 Rdu Center Dr Morrisville, NC 27560

    • Office buildings
    • 116,308 SF
    • 7.21 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimation
    $21,220,000
    Last Sale
    Oct 05, 2023
    $23,250,000
    Location Intelligence
    Property ID
    US53-0182646
    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

    • Office buildings

    Property Details for 2121 Rdu Center Dr

    Year built
    2008
    Lot size
    7.21 lot acres
    Property size
    116,308 SF
    Zone code
    ORD
    Property type
    Office buildings
    APN
    0766.01-05-8094 0368654
    APU
    766010580940368654

    Description

    RDU Center III, a prestigious Class A office building in Morrisville, NC, offers exceptional executive office space. This four-story building, constructed in 2009, boasts 114,518 square feet of total space, with two suites currently available. Individual suites range from 9,336 to 10,499 contiguous square feet, providing flexibility for various business needs. A total of 19,835 square feet is currently vacant. The building features a striking lobby, convenient underground parking with a generous 3.5 spaces per 1,000 square feet, electric vehicle charging stations, and an on-site fitness center for tenant convenience. Its prime location in Wake County, just off 2121 RDU Center Dr, offers unparalleled proximity to Raleigh-Durham International Airport and is surrounded by a wealth of restaurants, hotels, and other amenities. The modern exterior and functional interior design create a sophisticated and productive work environment. This exceptional property presents a unique opportunity for businesses seeking a high-quality, conveniently located office space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $18,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $24,055,000
      6.5%
      $22,460,000
      7%
      $21,495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $24,540,000
      Geo Method
      $21,020,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $26,775,000
      Retail
      $26,095,000
      Mixed-Use
      $27,890,000
      Hospitality
      $22,135,000
      Educational
      $27,435,000
      Residential Income
      $27,155,000
      Energy
      $21,130,000
      Income-Based Land
      $27,505,000
      Food Service
      $24,400,000

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.7945
    Latitude
    35.8518
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $230,570
    $2,512,544
    $20,498,459
    $23,011,003
    -
    $2,512,544
    $20,498,459
    $23,011,003

    Comparable in this City

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      5150 Mccrimmon Pkwy

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      5150 Mccrimmon Pkwy, Morrisville, NC 27560-0179
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    • Value Estimation by Request
      6,138 SF

      200 Morrisville Sq Way, Unit 104

      OFFICE BUILDING • 6,138 SF
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    • Value Estimation by Request
      15,293 SF

      3401 Gtwy Ctr Blvd

      OFFICE BUILDING • 15,293 SF
      3401 Gtwy Ctr Blvd, Morrisville, NC 27560-8504
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    • Value Estimation by Request
      86,355 SF

      627 Davis Dr

      OFFICE BUILDING • 86,355 SF
      627 Davis Dr, Morrisville, NC 27560-0309
      View Details

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    Similar Nearby for Lease

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    • $27 SF/Yr
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      Perimeter Park Executive Suites

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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
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