3020 Carrington Mill BlvdMorrisville, NC 27560

Property Details for 3020 Carrington Mill Blvd

Year built

2013

Lot size

18.04 AC

Property size (Sq ft)

214,630 SF

Zone code

OI

Property type

Office properties

Property subtype

Office buildings

APN

0746.02-99-3060 0374626

APU

746029930600374626

Description

Perimeter Two, a Class A, five-story office building in Morrisville, NC, offers 209,657 square feet of executive office space. Built in 2014, this stunning property boasts a park-like setting with walking trails and is conveniently located off I-40 and I-540, providing easy access to Raleigh-Durham International Airport, Chapel Hill, Durham, and Raleigh. Currently, 151,478 square feet of space is available, with options ranging from 5,491 square feet to a maximum contiguous space of 42,658 square feet. The building features multiple tenancies, allowing for flexibility in space requirements. The property is situated in Wake County, at 3020 Carrington Mill Blvd, Morrisville, NC 27560, and is surrounded by hotels, retail, and restaurants, with further amenities planned for future development. Significant renovations are currently underway, including expansive lobby upgrades and a patio refresh, enhancing the already impressive aesthetic and functionality of this prime office location. This exceptional property presents a unique opportunity for businesses seeking a modern, well-located, and amenity-rich workspace in a thriving area. The minimum divisible space is 5,491 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $46,095,016

  6.5%

  $42,549,244

  7%

  $39,510,012

• Comparable approach

  Method

  Valuation

  Relative Method

  $49,877,296

  Geo Method

  $49,266,172

• Alternative Use

  Use

  Valuation

  Residential

  $52,761,064

  Hospitality

  $48,328,852

  Educational

  $40,209,036

  Medical

  $41,591,888

  Retail

  $62,547,392

Location Insight

City

Morrisville

County

Wake

State

North Carolina

Latitude

35.8628

Longitude

-78.8334

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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