Property profile

3582 Davis Dr Morrisville, NC 27560

OFF-MARKET
Strip malls
Property ID
US53-2160014
7,500 SF 13.93 ac lot Built 2005
Entity Owned 25-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction BRICK
Total area 7,500 SF
Lot 13.93 ac (606,791 SF)
Zoning code NAC
APN 0745.15-52-7674 0031458
UPID US53-2160014

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
  • Hair Salon Nail Salon

Location

3582 Davis Dr Morrisville, NC 27560-8819
Morrisville metro Census 53611 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
$885k
Comparable Approach Comparable
$601k
Blend (final) Blend
$655k

Owner & transaction history

Zoning & alternative use

NAC · Morrisville, NC
Zoning description

It is intended to support a mix of residential, retail, cultural, entertainment, and office opportunities in a mixed-use village center, with street-level uses that generate pedestrian activity and upper story uses that…

General category MIXED_USE

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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