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    1800 Perimeter Park Dr Morrisville, NC 27560
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    Property profile & analytics

    1800 Perimeter Park Dr Morrisville, NC 27560


    • Office buildings
    • 53,640 SF
    • 3.94 lot acres
    Class-A Office Building For Rent For Lease
    $9,190,000

    Class-A Office Building For Rent

    Two-story Class-A office building in a corporate park setting.

    1800 Perimeter Park Drive, Morrisville, NC 27560
    View Listing
    Property ID
    US53-2074563
    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.

    Value Estimations
    $9,190,000
    Cap Rate Potential
    10%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1800 Perimeter Park Dr

    Year built
    1994
    Construction
    BRICK
    Lot size
    3.94 lot acres
    Property size
    53,640 SF
    Zone code
    OI
    Property type
    Office buildings
    APN
    0756.01-05-2533 0206767
    APU
    756010525330206767

    Description

    This exceptional Class A office building, situated in the prestigious RTP/I-40 Corridor of Morrisville, North Carolina, offers a prime opportunity for businesses seeking executive-level space. The two-story building, constructed in 1994, boasts a total of 53,135 square feet, with multiple suites available ranging from 4,128 to 27,837 contiguous square feet. Currently, 41,015 square feet are vacant, providing ample space for expansion or relocation. The property features an upscale lobby and common areas, significant glass exposure, and beautifully landscaped grounds within a corporate park setting. Its convenient location offers easy access to Interstates 40 and 540, and is just three minutes from Raleigh-Durham International Airport. On-site amenities include a fitness center, conference center, and walking trails, enhancing employee well-being and productivity. The building is also surrounded by over 50 restaurants and retailers, providing convenience and a vibrant atmosphere. The property benefits from responsive, proactive on-site property management, ensuring a seamless and efficient experience for tenants. This is an unparalleled opportunity to secure high-quality office space in a thriving business community. The building consists of three total suites within Wake County, zip code 27560, at 1800 Perimeter Park Drive.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $10,070,000
      ML approach
      $10,035,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,112,000
      Market price range: $8.44M - $14.9M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $11,435,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8301
    Latitude
    35.8534
    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
    $89,841
    $1,373,008
    $6,992,904
    $8,365,912
    -
    $1,373,008
    $6,992,904
    $8,365,912
    View Listing
    More about this property
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