Property profile

204 Trans Air Dr Morrisville, NC 27560

OFF-MARKET
Auto shops
Property ID
US53-1615564
13,491 SF 6.96 ac lot Built 1999
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1999
Construction METAL FRAME
Total area 13,491 SF
Lot 6.96 ac (303,178 SF)
Zoning code IM
APN 0756.03-34-9378 0250683
UPID US53-1615564

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Rental Facility

Location

204 Trans Air Dr Morrisville, NC 27560-7209
Morrisville metro Census 53609 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$886k
Blend (final) Blend
$735k

Owner & transaction history

Zoning & alternative use

IM · Morrisville, NC
Zoning description

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…

General category INDUSTRIAL

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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