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Commercial > Hospitality
Sold
11/04/2022
Sold Price
$2,475,000$362/ft²

948 Airport Blvd
Morrisville, NC 27560

  • -
    Bed
  • -
    Bath
  • 6,838
    ft²
    Living Area
  • 2.7
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1999
    Year Built
  • -
    DOM
  • 5
    Permits
948 Airport Blvd, Morrisville, NC 27560 is a 6,838 ft² commercial hospitality property property built in 1999 on a 2.690 acre lot with 5 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2022 for $2,475,000.

    Permits

    948 Airport Blvd has 5 permit records of total value of $48,525.

    Permit History
    5
    Permits
    $48,525
    Total Permit Value
    October 31, 2022
    Description: Re-applying for an expired permit from 2016 that was pulled by another contractor but was never completed. Skp- permit 16-627 we were instructed to pull a new permit for this gas pack unit. For the kitchen area. Original permit # 16-627 contractor rapid air expertsJob Value: $17,500Status: completeType: Building permit - commercial change outBusiness Name: Lawrence Service Group INCApplicant: Patricia BlakeEffective Date: 2022-10-31Permit Number: BLDCE-004888-2022
    February 26, 2021
    Description: Name in ownership only no change in brand or operationsStatus: completeType: Abc permitApplicant: Jeri HolderEffective Date: 2021-02-26Permit Number: ABC-002071-2021
    August 31, 2016
    Job Value: $10,525Status: issuedType: Building permitSub Type: Commercial-alterationBusiness Name: Progressive Heating & AIRApplicant: Texas Steakhouse & Saloon of0Effective Date: 2016-08-31Permit Number: 16-137/000 000 COMM 00
    August 11, 2016
    Job Value: $17,500Status: PERMIT PRINTEDType: Commercial-alterationSub Type: Commercial building permitBusiness Name: RAPID REPAIR EXPERTSApplicant: TEXAS STEAKHOUSE & SALOON OFEffective Date: 2016-08-11Permit Number: 16-627/000 000 COMM 00
    September 21, 2013
    Job Value: $3,000Status: issuedType: Electrical permit commercialSub Type: ElectricalBusiness Name: ARC ElectricApplicant: Texas Steakhouse & Saloon ofEffective Date: 2013-09-21Permit Number: 13-171/000 000 ELEC 00

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$25,868.40
      From latest Total Assessed Value1.09%
      Total Assessed Value$2,365,655
      =
      Land
      Assessed Value      $1,179,710
      +
      Additions
      Assessed Value      $1,185,945

      • In 2023, taxes billed for 948 Airport Blvd were $25,868.4, which is 1.09% from latest Total Assessed Value of $2,365,655.

    Property History

    948 Airport Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 948 Airport Blvd

    • Hazard Risks

      Hurricane
      195
      Weather
      136
      Hail
      117
      Carb Mono
      113
      Particulates
      106
      Wind
      103
      Nat'l Avg
      100
      Ozone
      95
      Air Pollution
      93
      Tornado
      68
      Lead
      49
      Earthquake
      46

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 948 Airport Blvd.

      Walkability Index

      14 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      948 Airport Blvd has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      42 °F

      Low

      31°F

      High

      53°F

      Summer
      Average

      77 °F

      Low

      66°F

      High

      88°F

      In the winter at 948 Airport Blvd, temperatures range from 30.85°F to 52.81°F with an average of 41.83°F. In the summer, the temperature ranges from 65.99°F to 87.55°F with and average of 76.77°F.

    School Information

    Public/private schools serving 948 Airport Blvd

      Public Schools

      Northwoods Elementary School
      Grades: PK-5
      4.64  mi
      B+
      West Cary Middle School
      Grades: 6-8
      4.09  mi
      B+
      Wake Early College of Health and Science
      Grades: 9-12
      14.21  mi
      A+
      Cary High School
      Grades: 9-12
      6.62  mi
      C+
      Wake STEM Early College High School
      Grades: 9-12
      10.48  mi
      A+
      Wake Young Women's Leadership Academy
      Grades: 6-12
      10.56  mi
      A
      Wake Young Men's Leadership Academy
      Grades: 6-12
      12.08  mi
      A-
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 948 Airport Blvd have ratings undefined, undefined, undefined, undefined, undefined, undefined, and undefined.

    Neighborhood

    This property is located in 27560.

    • Region

      • Boundary map of 27560.

      Crime Index for 27560

      63

      Below national average
      63

      The crime index in 27560 is 63, which is 0.6 times lower than national average.

    • Seasonal Housing units 27560

      7%

      of housing is for seasonal rent.

      Daytime Population for 27560

      +87%

      of people during work hours.

    Market Trends

    Historical market data near 948 Airport Blvd over selected time period.

    Nearby Properties on Airport Blvd

    USANCWake CountyMorrisvilleAirport Blvd