Financial
Distress signals
Property profile

200 Trans Air Dr Morrisville, NC 27560

OFF-MARKET
Office buildings
Property ID
US53-2131452
25,806 SF 2.02 ac lot Built 2004
Last sale Feb 2003 · $342,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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),

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$3.49M
Assessed land$312k
Assessed improvement$3.17M
Effective rate1.09%

Value estimate

· Sep 2026
$3.52M
$3.16M – $3.87M
Submarket $/SF estimate$4.21M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$213/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$157 – $279

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IM
The Industrial Management District accommodates industrial uses for example manufacturing, distribution, wholesale operations, warehouses...
General categoryINDUSTRIAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
Locksmith8.6
Storage Facility8.3

Location

200 Trans Air Dr Morrisville, NC 27560-7288
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3100 Gtwy Ctr, Morrisville, NC 27560-9696 $249,000 Jun 2024 10,934 SF
1400 Perimeter Park, Morrisville, NC 27560-9161 $8,169,000 Apr 2022 45,109 SF
4 Copley, Morrisville, NC 27560-9691 $3,600,000 Feb 2022 17,168 SF
170 Southport, Morrisville, NC 27560-7327 $11,987,600 Nov 2020 36,265 SF
808 Aviation, Morrisville, NC 27560-6663 $16,501,100 Nov 2020 61,768 SF
1800 Perimeter Park, Morrisville, NC 27560-0197 $7,867,000 Nov 2020 53,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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