Property profile

400 Southport Dr Morrisville, NC 27560

OFF-MARKET
Truck terminals
Property ID
US53-1450800
14,250 SF 6.81 ac lot Built 1995
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1995
Construction METAL FRAME
Total area 14,250 SF
Lot 6.81 ac (296,644 SF)
Zoning code IM
APN 0755.05-19-7670 0209822
UPID US53-1450800

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
  • Freight Service Logistics Company
  • Trucking Company

Location

400 Southport Dr Morrisville, NC 27560-8675
Morrisville metro Census 53609 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k

Owner & transaction history

since 2018
1 recorded transaction
2018
$2.4M

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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