250 Dominion DrMorrisville, NC 27560

Property Details for 250 Dominion Dr

Year built

1996

Construction

BRICK

Lot size

0.75 AC

Property size (Sq ft)

8,000 SF

Zone code

IM

Property type

Office properties

Property subtype

Office buildings

APN

0756.04-61-1424 0163461

APU

756046114240163461

Description

This exceptional 8,000-square-foot freestanding office/flex building in Morrisville, North Carolina, presents a unique opportunity for a single tenant. Located at 250 Dominion Drive, in Wake County, zip code 27560, this property offers immediate occupancy. The building's versatile design caters to a variety of business needs, making it ideal for companies seeking executive office space or a flexible workspace. The entire 8,000 square feet is currently vacant, providing ample room for customization and expansion. The property type is classified as both Office and Industrial, reflecting its adaptability. Parking is readily available, with a ratio of approximately 3.25 spaces per 1,000 square feet. The building's single-tenant occupancy ensures privacy and control over the entire space. Its location in Morrisville offers easy access to major transportation routes and amenities, making it a highly desirable location for businesses. This is a rare opportunity to secure a substantial, immediately available property in a thriving North Carolina market. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,718,120

  6.5%

  $1,585,957

  7%

  $1,472,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,859,099

  Geo Method

  $1,836,320

• Alternative Use

  Use

  Valuation

  Residential

  $1,966,587

  Hospitality

  $1,801,383

  Educational

  $1,498,729

  Medical

  $1,550,273

  Retail

  $2,331,357

Location Insight

City

Morrisville

County

Wake

State

North Carolina

Latitude

35.842

Longitude

-78.8106

CBSA code

39580

CBSA name

RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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