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Property profile & analytics

2000 Perimeter Park Dr Morrisville, NC 27560

  • Office buildings
  • 55,000 SF
  • 4.25 lot acres
Value Estimation
$7,080,000
Last Sale
Nov 18, 2020
$5,738,000
Location Intelligence
Property ID
US53-1286310
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

  • Office buildings

Property Details for 2000 Perimeter Park Dr

Year built
1997
Construction
BRICK
Lot size
4.25 lot acres
Property size
55,000 SF
Zone code
OI
Property type
Office buildings
APN
0756.01-05-2294 0227717
APU
756010522940227717

Description

This exceptional Class A office building, located in Wake County, offers 54,592 square feet of premium executive office space within a vibrant corporate setting. Built in 1997, this two-story building features two suites, with a minimum divisible space of 13,796 square feet and a maximum contiguous space of 27,754 square feet. Currently, 41,550 square feet are available for lease. The property boasts significant glassline exposure, creating bright and inviting workspaces with abundant natural light on all floors. Flexible floorplates and high ceilings provide versatile options for tenant build-outs. Beyond the building itself, tenants enjoy beautifully landscaped grounds, ample parking, and access to two on-site fitness centers, a tenant lounge, and a convenient conference center. Seven miles of walking trails encourage a healthy and active lifestyle. The location is unparalleled, surrounded by over 50 restaurants and retailers, providing employees with a wide array of dining and shopping choices. On-site property management ensures responsive and proactive service. This is an exceptional opportunity to secure prime office space in a highly desirable and amenity-rich location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $7,345,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,355,000
    6.5%
    $5,725,000
    7%
    $5,855,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,755,000
    Geo Method
    $5,275,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,210,000
    Retail
    $6,790,000
    Mixed-Use
    $6,700,000
    Hospitality
    $5,865,000
    Educational
    $6,095,000
    Residential Income
    $6,975,000
    Energy
    $5,655,000
    Income-Based Land
    $5,665,000
    Food Service
    $6,975,000

Location Insight

  • Map
  • Local Demand
City
Morrisville
County
Wake
State
North Carolina
Longitude
-78.8302
Latitude
35.8525
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
$97,260
$1,481,040
$7,579,175
$9,060,215
-
$1,481,040
$7,579,175
$9,060,215
More about this property
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