Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IM · Morrisville, NCThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IM in Morrisville, NC.
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