4000 Paramount Pkwy Morrisville, NC 27560
Property profile & analytics
4000 Paramount Pkwy Morrisville, NC 27560
- Office buildings
- 95,034 SF
- 18.66 lot acres
Property ID
US53-3555749
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 4000 Paramount Pkwy
- Year built
- 2020
- Lot size
- 18.66 lot acres
- Property size
- 95,034 SF
- Zone code
- OI
- Property type
- Office buildings
- APN
- 0756.01-07-3929 0365269
- APU
- 756010739290365269
Description
This exceptional 9,212 square foot office space is located within the prestigious Perimeter Park development at 4000 Paramount Parkway, Morrisville, NC 27560. Part of a newly constructed (2021), three-story, Class A building totaling 90,000 square feet, this space offers a modern and efficient layout. The building boasts approximately 32,000 square foot floor plates, a bright and inviting lobby, striking glass lines, and ample parking. Prominent signage opportunities are available for enhanced brand visibility. The property benefits from its location within Perimeter Park, a master-planned development featuring beautifully landscaped green spaces, lakes, and over seven miles of walking trails. On-site amenities include a fitness center, and the surrounding area offers convenient access to restaurants, shops, services, and hotels. Virus mitigation measures were incorporated during the building's construction. This space is ideal for businesses seeking a high-quality, modern office environment in a vibrant and amenity-rich location. The property is zoned for office and retail use, and multiple tenancies are possible.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $30,165,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $29,715,000
- 6.5%
- $27,430,000
- 7%
- $25,470,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $23,298,000
Market price range: $15.0M - $26.5M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $20,255,000 Current use
- RETAIL STORES
- $43,910,000 Change: +117% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $40,145,000 Change: +98% Conversion: Difficult
- MEDICAL BUILDING
- $32,740,000 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
- -78.8302
- Latitude
- 35.8601
- 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
$205,447
$2,491,907
$16,781,873
$19,273,780
-
$2,491,907
$16,781,873
$19,273,780
