3500 Gateway Centre BlvdMorrisville, NC 27560

  • Industrial properties
  • 19,300 SF
For Lease

Property Details for 3500 Gateway Centre Blvd

Year built
1997
Lot size
2.02 AC
Property size (Sq ft)
19,300 SF
Zone code
ORD
Property type
Industrial properties
Property subtype
Other warehouses
APN
0756.04-74-6995 0255780
APU
756047469950255780

Description

This exceptional single-story, 19,600-square-foot office building in Morrisville, NC's RTP submarket presents a rare leasing opportunity. Built in 1997 and renovated in 2017, the property boasts a 14-foot ceiling height and is currently divisible into suites, with a minimum of 8,475 square feet available. The building features approximately 95% office build-out, offering flexibility for conversion to lab or flex space, making it ideal for owner-users seeking adaptable space. Its strategic location directly off Aviation Parkway at Interstate I-40 provides convenient access to RDU Airport, Raleigh, Durham, Cary, and Chapel Hill. Ample surface parking is available both in front and behind the building. The roof is less than five years old, and the building includes multiple HVAC systems of varying ages and sizes. The property consists of two suites within a single building, offering a total of 19,600 contiguous square feet. This fully conditioned space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,744,390
    Hospitality
    $4,345,836
    Educational
    $3,615,685
    Medical
    $3,740,034
    Retail
    $5,624,398
3500 Gateway Centre Blvd, Morrisville, North Carolina

Location Insight

City
Morrisville
County
Wake
State
North Carolina
Latitude
35.8516
Longitude
-78.8054
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
$28,112
$408,278
$2,397,279
$2,805,557
-
$408,278
$2,397,279
$2,805,557

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