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935 Airport Blvd Morrisville, NC 27560

Morrisville, NC: Prime 2.52-acre site

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2.52-acre commercial land parcel, located at 935 Airport Blvd in Morrisville, NC 27560, presents a unique opportunity for hotel development. Situated just off I-40 (162,000 vehicles per day) and Airport Blvd (31,000 vehicles per day), this strategically positioned site enjoys high visibility and accessibility. Its proximity to Raleigh-Durham International Airport (3.2 miles, 14,000,000 passengers annually in 2023) makes it ideal for a hospitality venture. The property is zoned for Office and Institutional uses and designated as a Regional Activity Center by the Town of Morrisville Land Use Plan. Previously approved (though expired) for an 84-room, 4-story hotel, the site is well-suited for a development ranging from 80 to 114 keys. The site is unencumbered by existing franchise or management contracts, offering developers flexibility in brand selection, with numerous options available from major hotel chains such as Hilton, Wyndham, Choice, and Best Western. The Wake County APN is 0756272265. A site plan is available upon request. This presents a compelling investment opportunity in a high-growth market fueled by the region's thriving technology, healthcare, and research sectors. Note that a new special use permit application will be required. The usable acreage is approximately 1.76 acres.

Highlights

  • 2.52-acre site (1.76 usable acres) at I-40 (162,000 VPD) and Airport Blvd (31,000 VPD) intersection.
  • No existing franchise or management agreements.
  • Choice, Wyndham, Best Western, or Hilton flag options available.
  • Prior special use permit expired; new application required.
  • Ideal for 80-114-key hotel development (previously approved for 84 keys).
  • 3.2 miles from Raleigh-Durham International Airport (14 million annual passengers).

Property Details for 935 Airport Blvd

Property type
Land
Lot Size (sq. ft)
109,771 SF

Location Insight

City
Morrisville
County
Wake
State
North Carolina
Latitude
35.8582079
Longitude
-78.8233554

FAQs

What type of property is this?
Land - Morrisville, NC: Prime 2.52-acre site
Where is the land located?
The property is located at 935 Airport Blvd Morrisville, NC.
What are key features of this property?
This property features: 2.52-acre site (1.76 usable acres) at I-40 (162,000 VPD) and Airport Blvd (31,000 VPD) intersection.; No existing franchise or management agreements.; Choice, Wyndham, Best Western, or Hilton flag options available.
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935 Airport Blvd
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