Property profile

1201 Grace Pt Rd Morrisville, NC 27560

OFF-MARKET
Commercial real estate
Property ID
US53-2187698
729 SF 6.97 ac lot Built 2010
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2010
Construction FRAME
Total area 729 SF
Lot 6.97 ac (303,613 SF)
Zoning code MDR
APN 0746.04-54-1079 0377306
UPID US53-2187698

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1201 Grace Pt Rd Morrisville, NC 27560-6117
Morrisville metro Census 53608 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

Zoning & alternative use

MDR · Morrisville, NC
Zoning description

The purpose of this zone is to for infill development in established neighborhoods, for development of areas identified as medium density residential in the Comprehensive Plan, or areas suited to medium density developme…

General category RESIDENTIAL

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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