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Perimeter Park - 5221 Paramount Pkwy
5221 Paramount Pkwy, Morrisville, NC 27560
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- Property Type Office - General Office
- Property Size 140,192 SF
- Lot Size 11.01 Acre
- Parking Spaces Avail. 560
- Parking Ratio 4.00/ 1,000 SF
- Property Tenancy Single Tenant
- LEED Certified Silver
- Building Class A
- Year Built 2008
- City Morrisville, NC
- Neighborhood Providence Place
- Zip Code 27560
- Market Raleigh Durham
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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 $310,143
- Market Value* $32,306,655
- Assessed Value $32,306,655
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 Perimeter Park - 5221 Paramount Pkwy?
Perimeter Park - 5221 Paramount Pkwy totals 140,192 square feet.
When was this property built?
Perimeter Park - 5221 Paramount Pkwy was built in 2008.
When was Perimeter Park - 5221 Paramount Pkwy last sold?
Perimeter Park - 5221 Paramount Pkwy was last sold on 04 Sep, 2020.
What is the property tax for Perimeter Park - 5221 Paramount Pkwy?
The property tax for Perimeter Park - 5221 Paramount Pkwy in 2021 was $310,143.
What is the market value for Perimeter Park - 5221 Paramount Pkwy?
The market value* for Perimeter Park - 5221 Paramount Pkwy in 2021 was $32,306,655.
*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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