Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

600 Airport Blvd STE 200/300 Morrisville, NC 27560

FOR LEASE
Warehouses
Property ID
US53-0963962
35,642 SF 2.75 ac lot Built 1997
Last sale Feb 2019 · $1,187,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional office property, located at 600 Airport Blvd in Morrisville, NC, offers a prime location and versatile space. The single-story building, constructed in 1997, boasts a total of 35,642 square feet, with 3,663 square feet currently vacant. The property sits on a generous 2.75 acres of land and is zoned BAC. Its convenient location provides direct access to I-40 via Airport Boulevard, placing it just 2 miles from RDU International Airport and 3 miles from the Research Triangle…

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.

Debts

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 · 2024

What does the county charge?
$63k
Tax billed · 2024
Assessed value$7.14M
Assessed land$1.44M
Assessed improvement$5.70M
Effective rate0.89%

Value estimate

· Oct 2026
$5.41M
$4.86M – $5.95M
CAP approach$4.26M
Submarket $/SF estimate$6.04M
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 146,984.33% cap applied$23k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
146,984.33%
$23k 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?
BAC
It is intended to provide for a mix of residential, local retail, and office opportunities in the nature of a small mixed-use community c...
General categoryMIXED_USE
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
Plumbing Service8.9
Pawn Shop8.6

Location

600 Airport Blvd, Unit STE 200/300 Morrisville, NC 27560
County assessor Recorded deeds · not on file 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
606 Church, Morrisville, NC 27560-9739 $4,812,000 Aug 2023 57,216 SF
150 International, Morrisville, NC 27560-8791 $8,600,000 Mar 2023 38,200 SF
401 Kitty Hawk, Morrisville, NC 27560-8271 $782,000 Mar 2023 20,800 SF
10802 Chapel Hl, Morrisville, NC 27560-8850 $4,950,000 Dec 2021 29,000 SF
400 Kitty Hawk, Morrisville, NC 27560-8514 $3,700,000 Jun 2021 28,160 SF
6833 Mt Herman, Morrisville, NC 27560-9261 $5,300,000 Jun 2021 75,933 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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
Why this one?
Saved
Reason not saved — we won't ask again