419 Airport Blvd, Morrisville, NC 27560
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.