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    5151 Mccrimmon Pkwy Morrisville, NC 27560-0177
    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
    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.

    Value Estimations
    $15,545,000
    Show details
    Cap Rate Potential
    2.7%
    Warehouses
    Location Intelligence

    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 estimation — 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
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