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Property profile & analytics

411 Aviation Pkwy Morrisville, NC 27560-9144

  • Office buildings
  • 7,430 SF
  • 4.02 lot acres
OFF-MARKET
Last Sale
Sep 12, 2024
$6,000,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-0689938
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

  • Office buildings

Property Details for 411 Aviation Pkwy

Year built
1985
Construction
BRICK
Lot size
4.02 lot acres
Property size
7,430 SF
Zone code
IM
Property type
Office buildings
APN
0755.10-47-0393 0135062
APU
755104703930135062

Description

This exceptional 37,112-square-foot industrial building presents a rare opportunity for owner-occupancy or investment. Located at 411 Aviation Parkway in Morrisville, North Carolina, this Class B property boasts a prime location directly adjacent to Raleigh-Durham International Airport (RDU), offering unparalleled access to major transportation arteries. The building features a flexible layout suitable for manufacturing or flex-use businesses, with a generous ceiling height of 15 feet. Two loading docks and two dock-high doors ensure efficient loading and unloading operations. Currently vacant, this property is offered at an asking price of $7,600,000, translating to $204.79 per square foot. The lease type is NNN (Net, Net, Net), providing a clear understanding of operating costs. The property's strategic location near RDU, combined with its functional design and ample space, makes it an ideal choice for businesses seeking a high-visibility presence in a thriving market. This is a hard-to-find opportunity in a highly desirable location. The property is situated in Wake County, North Carolina, with a zip code of 27560. The building's size and features make it suitable for a variety of industrial and manufacturing uses. Don't miss this chance to acquire a well-positioned industrial asset in a rapidly growing area.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Morrisville
County
Wake
State
North Carolina
Longitude
-78.8176
Latitude
35.8308
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
$26,331
$819,519
$1,695,376
$2,514,895
-
$819,519
$1,695,376
$2,514,895
More about this property
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