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    OFF-MARKET
    Commercial real estate

    419 Airport Blvd, Morrisville, NC 27560

    Property ID
    US53-1672498
    Property summary
    AI-generated overview

    This exceptional commercial land parcel, located at 419 Airport Blvd in Morrisville, NC (zip code 27560), presents a unique development opportunity in Wake County's thriving commercial corridor. Situated near the intersection of major transportation arteries, including I-40 and I-540, and in close proximity to Raleigh-Durham International Airport (RDU), this property boasts unparalleled accessibility and high visibility. The versatile zoning allows for a range of development options, including retail, office, or mixed-use projects, catering to diverse business needs. This prime location ensures maximum exposure within a high-growth market, attracting a substantial customer base. Extensive due diligence has already been completed, including multiple assessments, significantly streamlining the decision-making process for potential buyers. A detailed table of ordinances is available for review at the provided link: [https://user-cjghrlw.cld.bz/Updated-Working-DRAFT-UDO-Adopted-Version-July-2024/168/]. This property is ideal for businesses seeking a strategic location with exceptional visibility and convenient access to major transportation networks and RDU Airport. The site's potential for significant return on investment makes it an attractive proposition for developers and investors alike.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US53-1672498
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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