2701 Aerial Center PkwyMorrisville, NC 27560

  • Office buildings
  • 42,960 SF
For Lease
$20/SF/YR View listing

Property Details for 2701 Aerial Center Pkwy

Year built
2000
Construction
BRICK
Lot size
3.58 AC
Property size (Sq ft)
42,960 SF
Zone code
GC
Property type
Office buildings
APN
0756.01-45-6937 0252681
APU
756014569370252681

Description

This exceptional executive office space, located at 2701 Aerial Center Pkwy in Morrisville, NC 27560, offers 21,175 square feet of immediately available space within the Aerial Center Executive Park. The entire building encompasses 42,960 square feet, providing ample room for expansion or collaboration within a thriving business community. The property boasts a modern, open design, perfect for a variety of business needs. Its convenient location offers easy access to major transportation arteries, including RDU International Airport, I-40, and I-540, ensuring seamless commutes for employees and clients. The building features ample parking, with a ratio of 4 parking spaces per 1000 square feet of office space. This property is situated in Wake County, North Carolina, and is ideal for businesses seeking a high-quality, well-located office environment. The available space is part of a multi-tenant building, offering opportunities for networking and collaboration. The property is ready for immediate occupancy, allowing for a swift and efficient transition for your business. This prime location and modern amenities make this an exceptional opportunity for businesses seeking a strategic and convenient office space in the heart of Morrisville.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,226,305
    6.5%
    $8,516,589
    7%
    $7,908,262
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,983,360
    Geo Method
    $9,861,038
  • Alternative Use

    Use
    Valuation
    Residential
    $10,560,571
    Hospitality
    $9,673,426
    Educational
    $8,048,177
    Medical
    $8,324,966
    Retail
    $12,519,387

Location Insight

City
Morrisville
County
Wake
State
North Carolina
Latitude
35.8545
Longitude
-78.8156
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
2023
$56,957
$1,302,333
$4,382,031
$5,684,364
-
$1,302,333
$4,382,031
$5,684,364

FAQs

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