3200 Gateway Centre Blvd Morrisville, NC 27560
Property profile & analytics
3200 Gateway Centre Blvd Morrisville, NC 27560
- Office buildings
- 70,479 SF
- 9.48 lot acres
Property ID
US53-0085856
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
- Office buildings
Property Details for 3200 Gateway Centre Blvd
- Year built
- 2001
- Lot size
- 9.48 lot acres
- Property size
- 70,479 SF
- Zone code
- ORD
- Property type
- Office buildings
- APN
- 0756.04-84-2446 0239828
- APU
- 756048424460239828
Description
Gateway Centre, located at 3200 Gateway Centre Blvd in Morrisville, NC 27560, offers a significant flex space sublease opportunity. This single-story industrial building totals 70,479 square feet, with 56,983 square feet currently available. The property boasts a convenient location in Wake County, offering easy access to I-40, making it an ideal location for businesses needing efficient transportation links. The space is suitable for a variety of uses, including flex or laboratory operations. The high ceilings are a key feature, measuring 11'3" with a dropped ceiling and a remarkable 19'8" to the roof deck, providing ample vertical space for various needs. Parking is readily available, with a ratio of 6.5 spaces per 1,000 square feet. The property is classified as multi-tenant, presenting a flexible environment for businesses of varying sizes. This prime location in Morrisville, North Carolina, offers a compelling opportunity for businesses seeking a substantial and well-equipped industrial space. The ample square footage and strategic location make this property a highly attractive option for companies looking to expand or relocate. The building's design and features are well-suited for a range of industrial and flex-space applications. Interested parties are encouraged to inquire for further details and to schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $16,640,000
- ML approach
- $9,615,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $22,035,000
- 6.5%
- $20,340,000
- 7%
- $18,890,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,090,000
Market price range: $11.1M - $19.6M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $15,020,000 Current use
- MEDICAL BUILDING
- $24,280,000 Change: +62% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Morrisville
- County
- Wake
- State
- North Carolina
- Longitude
- -78.8039
- Latitude
- 35.8501
- 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
$90,873
$1,052,285
$8,016,866
$9,069,151
-
$1,052,285
$8,016,866
$9,069,151
