2250 Perimeter Park DrMorrisville, NC 27560

  • Office properties
  • 110,970 SF
For Lease
$27/SF/YR View listing

Property Details for 2250 Perimeter Park Dr

Year built
2008
Lot size
7.87 AC
Property size (Sq ft)
110,970 SF
Zone code
OI
Property type
Office properties
Property subtype
Office buildings
APN
0746.04-94-7996 0240162
APU
746049479960240162

Description

This exceptional Class A office building, constructed in 2008, offers multiple executive office suites in a prime Morrisville, NC location. The three-story building totals 107,173 square feet, with available spaces ranging from 11,383 to 14,649 contiguous square feet. A total of 26,032 square feet is currently vacant, providing flexibility for businesses of various sizes. The efficient floor plan design maximizes space utilization. Situated in Wake County, at 2250 Perimeter Park Drive, zip code 27560, this property boasts convenient access to Interstates 40 and 540, placing it just three minutes from Raleigh-Durham International Airport (RDU). The building's corporate setting is enhanced by beautifully landscaped grounds, including two on-site fitness centers, a tenant cafe with patio, a conference center, and an extensive seven-mile network of walking trails. The location also offers unparalleled convenience with over 50 restaurants and retailers within easy reach. On-site property management ensures responsive and proactive service. This is a truly exceptional opportunity for businesses seeking a prestigious and amenity-rich office environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,832,474
    6.5%
    $21,999,208
    7%
    $20,427,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $25,788,022
    Geo Method
    $25,472,054
  • Alternative Use

    Use
    Valuation
    Residential
    $27,279,016
    Hospitality
    $24,987,432
    Educational
    $20,789,250
    Medical
    $21,504,224
    Retail
    $32,338,834
2250 Perimeter Park Dr, Morrisville, North Carolina

Location Insight

City
Morrisville
County
Wake
State
North Carolina
Latitude
35.8517
Longitude
-78.8317
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
$198,758
$2,667,243
$15,905,613
$18,572,856
-
$2,667,243
$15,905,613
$18,572,856

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