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    Property profile & analytics
    OFF-MARKET Estimated value $15,545,000
    Warehouses

    5151 Mccrimmon Pkwy, Morrisville, NC 27560-0177

    100,500 SF 7.67 ac lot Built 1995
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-1757200
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1995
    Total area 100,500 SF
    Lot 7.67 ac (334,105 SF)
    Zoning code IM
    APN 0756.03-03-4647 0219493
    UPID US53-1757200
    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
    $11.71M
    CAP Approach CAP
    $12.02M
    Comparable Approach Comparable
    $19.10M
    Blend (final) Blend
    $15.55M
    Owner & transaction history
    Durham Perimeter Park 5 LLC · 3 yrs held
    Durham Perimeter Park 5 LLC
    since 2023
    Last sale
    $17.4M
    7 recorded transactions
    2023
    2021
    2021
    2020
    $17.4M
    2016
    $12.4M
    2016
    2015
    $11.0M
    Zoning & alternative use
    IM · Morrisville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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