Financial
Distress signals
Property profile

5200 W Paramount Pkwy Morrisville, NC 27560

FOR LEASE
Office buildings
Property ID
US53-2211942
159,360 SF 24.05 ac lot Built 2000
Last sale Sep 2018 · $86,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A office building, Perimeter Park: 5200 W Paramount Parkway, offers 160,747 square feet of prime executive office space in Morrisville, North Carolina's desirable RTP/I-40 Corridor. Built in 2001, this two-story building boasts a recently renovated exterior entrance and lobby featuring distinctive architectural finishes, unique artwork, and convenient touchdown zones. Two suites are currently available, with a minimum divisible space of 18,623 square feet and a maximum contiguous space of 18,954 square feet

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$643k
Tax billed · 2023
Assessed value$60.16M
Assessed land$5.44M
Assessed improvement$54.72M
Effective rate1.07%

Value estimate

· Sep 2026
$39.47M
$35.52M – $43.41M
CAP approach$46.00M
Submarket $/SF estimate$44.39M
NOI build-up
Gross scheduled income$3.95M
Vacancy & credit loss−$664k
Operating expenses−$823k
NOI · 9,139,003.70% cap applied$2.47M

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

Recently sold

What actually traded nearby?
$213/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$157 – $279
Qualifying comparables3

Cap rate analysis

How does the asset earn?
9,139,003.70%
$2.47M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OI
The Office and Institutional District accommodates largescale regional office developments that feature high visual quality and high trip...
General categoryCIVIC_INSTITUTIONAL
JurisdictionWAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.4
Garden Center8.8
Building Supply8.7

Location

5200 W Paramount Pkwy Morrisville, NC 27560
County assessor Recorded deeds · 2 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1010 Sync, Morrisville, NC 27560-5468 $4,415,000 Feb 2026 200,257 SF
6933 Louis Stephens, Morrisville, NC 27560-6372 $46,683,500 Feb 2025 205,614 SF
2121 Rdu Ctr, Morrisville, NC 27560-6250 $23,250,000 Oct 2023 116,308 SF
4000 Paramount, Morrisville, NC 27560-4700 $29,200,000 Jul 2022 95,034 SF
831 Slater, Morrisville, NC 27560 $36,793,000 May 2021 145,704 SF
2250 Perimeter Park, Morrisville, NC 27560-8892 $13,600,000 Nov 2020 110,970 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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