120 Trans Air Drive
120 Trans Air Drive, Morrisville, NC 27560
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- Property Type Industrial - Warehouse/Distribution
- Property Size 163,608 SF
- Lot Size 9.5 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1997
- City Morrisville, NC
- Neighborhood Green Woods
- Zip Code 27560
- Market Raleigh Durham
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Average Actual Rents in Morrisville
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Morrisville Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $23.60
- 2020 Office Vacancy Rate 10.81%
- 2020 Office Completions (SF) 200,000
Morrisville Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $207.16
- Y-o-Y Avg. PpSF Change -16.83%
- 2020 Office Sales Volume $636.3M
- 2020 Number of Transactions 5
- Property Tax in 2021 $88,878
- Market Value* $9,258,212
- Assessed Value $9,258,212
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 120 Trans Air Drive?
120 Trans Air Drive totals 163,608 square feet.
When was this property built?
120 Trans Air Drive was built in 1997.
When was 120 Trans Air Drive last sold?
120 Trans Air Drive was last sold on 26 Jan, 2021.
What is the property tax for 120 Trans Air Drive?
The property tax for 120 Trans Air Drive in 2021 was $88,878.
What is the market value for 120 Trans Air Drive?
The market value* for 120 Trans Air Drive in 2021 was $9,258,212.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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