Property profile

2121 Tw Alexander Dr Morrisville, NC 27560

OFF-MARKET
Super regional malls
Property ID
US53-0805271
78,548 SF 14.5 ac lot Built 2005
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2005
Total area 78,548 SF
Lot 14.5 ac (631,620 SF)
Zoning code CC(D)
APN 202505
UPID US53-0805271

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
  • Shopping Center & Mall
  • Bank Credit Union
  • Dental Office
  • Vocational School Training Center
  • Travel Agency

Location

2121 Tw Alexander Dr Morrisville, NC 27560-6815
Morrisville metro Census 2038 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.42M
Blend (final) Blend
$1.82M

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2018
$11.3M
2015
$13.6M

Zoning & alternative use

CC(D) · Morrisville, NC

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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