Property profile

627 Davis Dr Morrisville, NC 27560

OFF-MARKET
Office buildings
Property ID
US53-5675153
86,355 SF 7.61 ac lot Built 1999
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class A executive office space, totaling 15,996 square feet, is available for lease at 627 Davis Drive in Morrisville, North Carolina. Located in Durham County, this property offers a unique opportunity for businesses seeking a prestigious and modern workspace. The entire building is currently vacant, presenting a blank canvas for a single tenant to customize the space to their exact specifications. The building's "Executive Office" subtype suggests a high-end finish and amenities, ideal for companies seeking to project a professional image. The address is conveniently situated at 627 Davis Dr, Morrisville, NC 27560, offering easy access to major transportation routes and local amenities. With its substantial square footage and prime location, this property is perfectly suited for a variety of businesses seeking a significant presence in the thriving Morrisville market. The multiple tenancy designation indicates flexibility in lease terms and potential for subleasing, should the need arise. This is a rare opportunity to secure a substantial, high-quality office space in a desirable location. The property's 15,996 square feet provides ample room for expansion and growth, making it an attractive option for businesses of all sizes. Interested parties are encouraged to inquire for further details and leasing options.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 86,355 SF
Lot 7.61 ac (331,492 SF)
Zoning code IL
APN 157891
UPID US53-5675153

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

627 Davis Dr Morrisville, NC 27560-0309
Morrisville metro Census 2037 DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.11M
Blend (final) Blend
$10.62M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2023
Price N/A
2022
Price N/A
2019
Price N/A
2019
$26.5M
2015
$12.7M
2011
$28.3M

Zoning & alternative use

IL · Morrisville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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