Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

501 Innovation Ave Morrisville, NC 27560

OFF-MARKET
Distribution centers
Property ID
US53-1643837
153,036 SF 8 ac lot Built 1999
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$196k
Tax billed · 2024
Assessed value$23.34M
Assessed land$939k
Assessed improvement$22.40M
Effective rate0.84%

Value estimate

· Oct 2026
$18.34M
$16.50M – $20.17M
CAP approach$18.30M
Submarket $/SF estimate$19.74M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$214/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$123 – $284
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ORD
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.6
Convenience Store8.3
Storage Facility8.3

Location

501 Innovation Ave Morrisville, NC 27560-7658
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
213 International, Morrisville, NC 27560-8411 $4,100,000 Apr 2023 15,888 SF
150 International, Morrisville, NC 27560-8791 $8,600,000 Mar 2023 38,200 SF
400 Kitty Hawk, Morrisville, NC 27560-8514 $3,700,000 Jun 2021 28,160 SF
1200 Innovation, Morrisville, NC 27560-8596 $45,000,000 Jun 2021 303,587 SF
120 Trans Air, Morrisville, NC 27560-7208 $16,100,000 Feb 2021 163,608 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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