3005 Carrington Mill BlvdMorrisville, NC 27560
- Office buildings
- 208,344 SF
Property Details for 3005 Carrington Mill Blvd
- Year built
- 2007
- Lot size
- 14.59 AC
- Property size (Sq ft)
- 208,344 SF
- Zone code
- OI
- Property type
- Office buildings
- APN
- 0746.02-78-5633 0270700
- APU
- 746027856330270700
Description
This exceptional Class A office building, Perimeter One, located in the prestigious Perimeter Park at 3005 Carrington Mill Blvd, Morrisville, NC 27560, offers 204,000 square feet of prime executive office space. Built in 2007, the property boasts a modern design with efficient floorplates, a bright lobby, striking glass lines, and attractive landscaping including patio seating. Multiple suites are available, ranging from 3,809 to 18,245 contiguous square feet, with a total of 41,087 square feet currently vacant. The building's convenient location in the RTP/I-40 Corridor provides easy access to I-40 and I-540, and is only three minutes from Raleigh-Durham International Airport. Perimeter Park offers exceptional amenities including two on-site fitness centers, ample meeting space (including a large boardroom and training room), a café and lounge with Wi-Fi, and is surrounded by over 50 restaurants and retailers. Wake County location ensures access to a thriving business community. This property presents a unique opportunity for businesses seeking a sophisticated and well-appointed office environment in a highly desirable location. The building's three suites provide flexibility for various business needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $50,711,000
- 6.5%
- $46,810,200
- 7%
- $43,466,600
-
Comparable approach
- Method
- Valuation
- Relative Method
- $48,416,500
- Geo Method
- $47,823,300
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $100,704,000
- Retail / Commercial
- $49,967,700
- Mixed-Use / Specialty
- $48,471,200
- Hospitality / Lodging
- $33,845,400
- Institutional / Educational
- $49,919,400
- Residential Income
- $58,405,700
- Multifamily
- $77,357,100
- Automotive / Energy
- $42,788,000
- Parking / Income-Based Land
- $16,068,100
- Restaurant / Food Service
- $22,396,700
- Healthcare / Senior Housing
- $51,058,200
Location Insight
- City
- Morrisville
- County
- Wake
- State
- North Carolina
- Latitude
- 35.8618
- Longitude
- -78.8396
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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