251 Dominion DrMorrisville, NC 27560

  • Industrial properties
  • 24,000 SF
For Lease
$17/SF/YR View listing

Property Details for 251 Dominion Dr

Year built
1997
Construction
CONCRETE BLOCKS
Lot size
3.72 AC
Property size (Sq ft)
24,000 SF
Zone code
IM
Property type
Industrial properties
Property subtype
Other warehouses
APN
0756.04-51-8145 0163467
APU
756045181450163467

Description

This exceptional 1,500 square foot space is available for lease within the Commonwealth Business Center at 251 Dominion Drive in Wake County. Located just one mile from I-40, via Aviation Parkway, this property offers unparalleled convenience with its proximity to major transportation arteries. It's approximately two miles from Raleigh-Durham International Airport (RDU) and a short 1.5-mile drive to NC Highway 54, placing you within a five-minute commute to the Research Triangle Park. The building itself boasts a total of 24,350 square feet, featuring a unique 50/50 split between office and warehouse space, ideal for a variety of businesses. The space is fully air-conditioned for year-round comfort. Utilities are separately metered for efficient cost management, and tenants are responsible for their own janitorial services. The property includes two dock-high doors, enhancing logistical efficiency for warehouse operations. This multi-tenant building presents a fantastic opportunity for businesses seeking a blend of office and warehouse functionality in a highly desirable location. The available space is part of a larger building with multiple tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,899,760
    Hospitality
    $5,404,148
    Educational
    $4,496,188
    Medical
    $4,650,819
    Retail
    $6,994,070
251 Dominion Dr, Morrisville, North Carolina

Location Insight

City
Morrisville
County
Wake
State
North Carolina
Latitude
35.8409
Longitude
-78.8118
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
2024
$45,586
$947,952
$4,128,633
$5,076,585
-
$947,952
$4,128,633
$5,076,585

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