Property summary
This multi-tenant flex building in Morrisville, NC offers two available suites ideal for a variety of industrial uses. Suite 700 boasts 3,124 square feet, while Suite 900 provides 2,037 square feet of functional space. Located at 200 Trans Air Drive, this property benefits from its convenient proximity to Interstate 40 (one mile) and the Research Triangle Park (three miles), ensuring easy access for employees and transportation of goods. The building is zoned for Industrial Management (IM),… allowing for a range of business operations. Shared amenities include one loading dock and one grade-level drive-in door, simplifying loading and unloading processes. Ample parking is available, with a 4.0/1,000 parking ratio. The lease rate is $17.95 per square foot annually, with a triple net (NNN) structure including a tenant improvement and common area maintenance (TICAM) charge of $4.62 per square foot annually. This property presents a compelling opportunity for businesses seeking efficient and strategically located industrial space in the thriving Morrisville market. The property is situated in Wake County, North Carolina, and has a zip code of 27560.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 25,806 SF
- Lot area
- 2.02 ac
- Year built
- 2004
- Stories
- 1
- APN
- 0756.03-34-5343 0250684
- Zoning
- IM
- Assessed value · 2023
- $3,486,691
- Annual tax · 2023
- $37,856
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The Industrial Management District accommodates industrial uses for example manufacturing, distribution, wholesale operations, warehouses, research facilities, flex space, and business parks that are compatible and integ…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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