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    Property profile & analytics

    1001 Morrisville Carpenter Rd Morrisville, NC 27560-9534

    • Drive through restaurants
    • 5,190 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    $2,310,000
    Last Sale
    Oct 27, 2023
    $2,260,000
    Location Intelligence
    Property ID
    US53-1845090
    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

    • Drive through restaurants

    Property Details for 1001 Morrisville Carpenter Rd

    Year built
    2008
    Construction
    BRICK
    Lot size
    1.38 lot acres
    Property size
    5,190 SF
    Zone code
    NAC
    Property type
    Drive through restaurants
    APN
    0745.15-63-0010 0341382
    APU
    745156300100341382

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,265,000
      6.5%
      $2,365,000
      7%
      $2,265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,505,000
      Geo Method
      $2,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,260,000
      Retail
      $1,955,000
      Mixed-Use
      $2,000,000
      Hospitality
      $2,435,000
      Educational
      $2,060,000
      Residential Income
      $2,180,000
      Energy
      $2,160,000
      Income-Based Land
      $2,475,000
      Food Service
      $1,995,000

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8448
    Latitude
    35.8189
    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
    $24,577
    $733,445
    $1,547,077
    $2,280,522
    -
    $733,445
    $1,547,077
    $2,280,522

    Comparable in this City

    • Value Estimation by Request
      3,547 SF

      995 Airport Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,547 SF
      995 Airport Blvd, Morrisville, NC 27560-9194
      View Details
    • Value Estimation
      $2,825,000
      1,868 SF

      1115 Hatches Pond Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,868 SF
      1115 Hatches Pond Ln, Morrisville, NC 27560-6292
      View Details
    • Value Estimation by Request
      3,144 SF

      4023 Davis Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,144 SF
      4023 Davis Dr, Morrisville, NC 27560-8805
      View Details
    • Value Estimation by Request
      2,934 SF

      1000 Aerial Ctr Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,934 SF
      1000 Aerial Ctr Pkwy, Morrisville, NC 27560-9270
      View Details
    • Value Estimation by Request
      3,153 SF

      1008 Morrisville Carpenter Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,153 SF
      1008 Morrisville Carpenter Rd, Morrisville, NC 27560-9533
      View Details
    • Value Estimation by Request
      3,478 SF

      1108 Morrisville Carpenter Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,478 SF
      1108 Morrisville Carpenter Rd, Morrisville, NC 27560-9575
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Approved site for 33,000 SF retail and office development.
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      Wooded Lot in Morrisville, NC

      0.67 acre wooded lot with city utilities, no HOA.
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    Similar Nearby for Lease

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      Prime Morrisville Office Space

      9,212 SF Available in Class A Building
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      Morrisville, NC retail center; 7 spaces available.
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      View Details
    • $30 SF/Yr
      35,350 SF

      703 Slater Road: Class A Office Space

      Morrisville, NC: Premier Office Building, 35,350 SF
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      View Details
    • Contact for pricing

      RTP Corner Parcel For Lease

      1.85-acre corner parcel in the heart of RTP available for lease.
      5600 South Miami Blvd, Morrisville, NC 27560
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    • $20 SF/Yr
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      Prime Morrisville Executive Suites

      Modern Office Space, Flexible Lease Options
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      View Details
    • $27 SF/Yr
      160,747 SF

      Perimeter Park Executive Suites

      Class A Office Space in Morrisville, NC
      5200 Paramount Pkwy, Morrisville, NC 27560
      View Details

    Property Visit Statistics

    • Visits by month
      22.3k
    • Visitors by month
      16.4k
    • Avg Time on site
      10 min
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    Morrisville, NC 27560-9534
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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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