10 Laboratory Drive, Research Triangle Park, NC

Property Type Office - General Office
Property Size 48,000 SF
Lot Size 11.93 Acre
Parking Spaces Avail. 158
Parking Ratio 3.30/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class C
Year Built 1992

Location

Map
Street

City Research Triangle Park, NC
Neighborhood Research Triangle Park
Zip Code 27709
Market Raleigh Durham

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 26 Sep, 2017
Purchase Price
Arm's Length True
Buyer Name

Tax

Property Tax in 2021 $50,712
Market Value* $5,309,617
Assessed Value $5,309,617

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 10 Laboratory Drive?

10 Laboratory Drive totals 48,000 square feet.

When was this property built?

10 Laboratory Drive was built in 1992.

When was 10 Laboratory Drive last sold?

10 Laboratory Drive was last sold on 26 Sep, 2017.

What is the property tax for 10 Laboratory Drive?

The property tax for 10 Laboratory Drive in 2021 was $50,712.

What is the market value for 10 Laboratory Drive?

The market value* for 10 Laboratory Drive in 2021 was $5,309,617.
*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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10 Laboratory Drive, Research Triangle Park, NC 27709 - Office Space

10 Laboratory Drive is located at 10 Laboratory Drive in the Research Triangle Park neighborhood, NC, Research Triangle Park, 27709. The Class C Office building was completed in 1992 and features a total of 48,000 SF.

There are 105 office spaces for lease in the Research Triangle Park neighborhood, totaling 1,599,011 SF of available office space. The average asking office rent per SF in Research Triangle Park is $26.78/SF/YR. For Class A office buildings the average office rate is $26.79/SF/YR, for Class B office buildings the average office rate is $28.58/SF/YR, for Class C office buildings the average office rate is $17/SF/YR.

In Research Triangle Park, there are 8 class C office buildings. In Research Triangle Park, there are a total of 7 LEED certified office buildings. In 1992, the same year 10 Laboratory Drive was built, 10 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Research Triangle Park, featuring 1,046,685 square feet of commercial space. At zip code level, there are 56 commercial properties, of which 45 are office buildings over 50,000 square feet.