Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

5151 Mccrimmon Pkwy Morrisville, NC 27560-0177

  • Warehouses
  • 100,500 SF
  • 7.67 lot acres
OFF-MARKET
Last Sale
Jan 31, 2020
$17,446,000
Value Estimations
$15,545,000
Show details
Cap Rate Potential
2.7%
Warehouses
Location Intelligence
Property ID
US53-1757200
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

  • Warehouses

Property Details for 5151 Mccrimmon Pkwy

Year built
1995
Lot size
7.67 lot acres
Property size
100,500 SF
Zone code
IM
Property type
Warehouses
APN
0756.03-03-4647 0219493
APU
756030346470219493

Description

This exceptional 4,889 square foot medical office space is available for lease within a larger 100,500 square foot building at 5151 McCrimon Parkway, situated in the Discovery 2 section of the Discovery at Perimeter Park complex. Built in 1995, the property offers a single-tenant occupancy opportunity. The suite boasts a comprehensive array of lab features, including three lab benches (each accommodating three full-time employees), ample desk space for six employees, two biosafety level cabinets, a chemical fume hood, and a CO2 incubator. The space is equipped for molecular and cellular biology research, with access to a range of equipment including: small equipment for gel electrophoresis, Western blotting, and gel illumination; molecular biology equipment (microcentrifuges, heating blocks, vortexes); a Quantstudio 3 Real Time PCR machine; a standard thermal cycler; a Nanodrop spectrophotometer; a shaking incubator for bacterial culture; analytical and basic balances; three biosafety hoods (one dedicated to iPSC cell work); three CO2 incubators (one dedicated to iPSC cell work); two phase microscopes (one with a digital camera); a Stemi 508 Zeiss microscope with digital camera for picking iPSC colonies; a Lonza 4D Nucleofector; a Beckman swinging bucket centrifuge; one ultralow freezer (-80°C); one liquid nitrogen storage tank; two -20°C freezers; and two 4°C refrigerators. The suite also includes office and conference room areas, and a break room. Its convenient location offers a three-minute drive to RDU Airport and proximity to the Discovery complex amenity center. High-speed broadband access will be provided. The master lease expires April 30, 2026.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $11,710,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $13,020,000
    6.5%
    $12,015,000
    7%
    $11,160,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $19,099,000
    Market price range: $4.14M - $19.1M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $21,465,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Morrisville
County
Wake
State
North Carolina
Longitude
-78.8299
Latitude
35.8481
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
2024
$205,492
$1,670,525
$21,605,856
$23,276,381
-
$1,670,525
$21,605,856
$23,276,381
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message