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    Property profile & analytics

    4023 Davis Dr Morrisville, NC 27560-8805

    • Drive through restaurants
    • 3,144 SF
    • 2.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0689053
    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.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 4023 Davis Dr

    Year built
    2005
    Construction
    BRICK
    Lot size
    2.11 lot acres
    Property size
    3,144 SF
    Zone code
    CC
    Property type
    Drive through restaurants
    APN
    0746.03-20-3072 0323391
    APU
    746032030720323391

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.857
    Latitude
    35.8382
    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
    $16,713
    $746,892
    $763,376
    $1,510,268
    -
    $746,892
    $763,376
    $1,510,268

    Comparable in this City

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      1001 Morrisville Carpenter Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,190 SF
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      3,861 SF

      1000 Claren Cir

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,861 SF
      1000 Claren Cir, Morrisville, NC 27560-9700
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    • Value Estimation by Request
      2,997 SF

      809 Airport Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,997 SF
      809 Airport Blvd, Morrisville, NC 27560-9192
      View Details

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      Prime Morrisville location, 33,000 SF, 4.58 acres
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    Property Visit Statistics

    • Visits by month
      11.3k
    • Visitors by month
      8.4k
    • Avg Time on site
      13 min
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    Morrisville, NC 27560-8805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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