251 Dominion Dr Morrisville, NC 27560
Property profile & analytics
251 Dominion Dr Morrisville, NC 27560
- Warehouses
- 24,000 SF
- 3.72 lot acres
Property ID
US53-0280666
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 251 Dominion Dr
- Year built
- 1997
- Construction
- CONCRETE BLOCKS
- Lot size
- 3.72 lot acres
- Property size
- 24,000 SF
- Zone code
- IM
- Property type
- Warehouses
- APN
- 0756.04-51-8145 0163467
- APU
- 756045181450163467
Description
This exceptional 1,500 square foot space is available for lease within the Commonwealth Business Center at 251 Dominion Drive in Wake County. Located just one mile from I-40, via Aviation Parkway, this property offers unparalleled convenience with its proximity to major transportation arteries. It's approximately two miles from Raleigh-Durham International Airport (RDU) and a short 1.5-mile drive to NC Highway 54, placing you within a five-minute commute to the Research Triangle Park. The building itself boasts a total of 24,350 square feet, featuring a unique 50/50 split between office and warehouse space, ideal for a variety of businesses. The space is fully air-conditioned for year-round comfort. Utilities are separately metered for efficient cost management, and tenants are responsible for their own janitorial services. The property includes two dock-high doors, enhancing logistical efficiency for warehouse operations. This multi-tenant building presents a fantastic opportunity for businesses seeking a blend of office and warehouse functionality in a highly desirable location. The available space is part of a larger building with multiple tenants.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,510,000
- ML approach
- $2,460,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,110,000
- 6.5%
- $2,870,000
- 7%
- $2,665,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Morrisville
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8118
- Latitude
- 35.8409
- 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
2024
$45,586
$947,952
$4,128,633
$5,076,585
-
$947,952
$4,128,633
$5,076,585
