Commercial Development Site

Corner Lot at Slater Rd & Concourse Village Dr, Morrisville, NC 27560

  • For Sale $2,900,000
  • Property Type VacantLand
  • Lot Size 2.84 Acre
  • Date Updated Mar 25, 2025
Morrisville, NC – A Thriving Hub in the Research Triangle Morrisville, North Carolina, has emerged as a dynamic and rapidly growing town within the Research Triangle, offering a unique blend of business opportunities, high quality of life, and strategic connectivity. Its location, demographics, and economic landscape make it a prime destination for both companies and residents looking for long-term growth and stability. Prime Location & Connectivity Nestled between Raleigh and Durham, Morrisville benefits from direct access to major transportation networks, including Interstate 40 and Raleigh-Durham International Airport (RDU). This connectivity makes it an ideal location for businesses with national and international operations while also providing residents with easy commuting options to nearby employment hubs. Diverse & Highly Educated Population Morrisville has seen explosive population growth, increasing from around 5,000 residents in 2000 to over 31,500 in 2022. The town is recognized for its diversity, with nearly 46% of its population identifying as Asian, driven in part by its proximity to technology and research companies. Additionally, the town's younger-than-average median age of 34 reflects a vibrant, skilled workforce that fuels innovation and economic expansion. Economic Strength & Business Environment As part of the Research Triangle, Morrisville has positioned itself as a technology and innovation hub, attracting major corporations such as Lenovo (which has its U.S. headquarters in the town) and Oracle. Its pro-business climate, coupled with a highly educated workforce, makes it a magnet for startups and high-tech industries. Recent investments, such as Forge Nano’s expansion—a lithium-ion battery manufacturer backed by $100 million from the U.S. Department of Energy—demonstrate the town’s growing influence in cutting-edge industries. Real Estate & Development With increasing demand for residential and commercial space, Morrisville has seen steady real estate development. Its proximity to Raleigh and Durham, coupled with a strong economy, has driven new construction in both housing and office spaces. The town’s mix of suburban charm and modern conveniences makes it attractive for families, professionals, and investors alike. Conclusion Morrisville, NC, continues to thrive as a key player in the Research Triangle’s economic ecosystem. With strategic connectivity, a highly skilled workforce, and a business-friendly environment, it remains a prime location for corporate expansion, residential growth, and long-term investment.
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Highlights

  • PRIME DEVELOPMENT OPPORTUNITY - This vacant parcel offers a unique opportunity for commercial development in a thriving area, with potential uses including high-end office space, retail establishments, daycare facilities, restaurants, banquet halls, or hotels.?

Contacts

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Prime Net Lease

Location

Getting Around

  • Walk Score ®

    18/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Morrisville, NC
  • Neighborhood Providence Place
  • Zip Code 27560
  • Market Raleigh Durham

Points of Interest

  • Zone 1: Prearranged Services

    2.00 miles

  • Zone 4: Limos

    2.08 miles

  • 7-Eleven

    0.39 miles

  • Sheetz

    1.16 miles

  • Shell

    1.38 miles

  • Marathon

    1.42 miles

  • Sam's Club

    1.43 miles

  • Circle K

    2.46 miles

  • Kangaroo Express

    2.86 miles

  • Tesla Supercharger

    3.51 miles

  • ChargePoint

    3.67 miles

  • Building C Charging Station

    4.87 miles

  • Perimeter 6 Parking Deck

    0.53 miles

  • RDU Cell Lot

    1.24 miles

  • Regional Transit Center Park & Ride

    1.36 miles

  • RDU Park & Ride Lot 3

    1.80 miles

  • 286 Trails

    2.59 miles

  • 6400 Parking Garage

    2.64 miles

  • Black Creek Greenway, Reedy Creek Access

    2.65 miles

  • RDU Park & Ride Lot 2

    2.65 miles

  • Fidelity Investments Parking Deck

    2.84 miles

  • ParkRDU Economy 4

    3.36 miles

  • Extended Stay America

    0.05 miles

  • Fairfield Inn & Suites Raleigh-Durham Airport/Research Triangle Park

    0.11 miles

  • Days Inn Raleigh-Airport-Research Triangle Park

    0.12 miles

  • Days Inn by Wyndham Raleigh-Airport-Research Triangle Park

    0.12 miles

  • Hampton Inn Raleigh Durham Airport

    0.17 miles

  • Holiday Inn Raleigh-Durham Airport

    0.17 miles

  • Holiday Inn Express Raleigh-Durham Airport

    0.21 miles

  • Staybridge Suites Raleigh-Durham Apt-Morrisville

    0.25 miles

  • Four Points by Sheraton Raleigh Durham Airport

    0.27 miles

  • Microtel Inn & Suites by Wyndham Raleigh Durham Airport

    0.29 miles

  • Cracker Barrel

    0.07 miles

  • Los Tres Mexican Restaurant

    0.10 miles

  • Waffle House

    0.14 miles

  • Hooters

    0.19 miles

  • Bojangles'

    0.24 miles

  • Carmen's Cuban Cafe & Lounge

    0.31 miles

  • Peng's Asian Cuisine

    0.32 miles

  • Capital City Chop House

    0.53 miles

  • Babymoon Cafe

    0.61 miles

  • Dim Sum House

    0.62 miles

  • Wake Technical Community College - RTP Campus

    1.06 miles

  • Campbell University RTP Campus

    1.76 miles

  • Cedar Fork Elementary School

    1.80 miles

  • Pleasant Grove Elementary

    1.94 miles

  • Sterling Montessori Academy and Charter School

    1.94 miles

  • Future site of Parkside Middle School

    2.22 miles

  • Carolina Career College

    2.26 miles

  • Parkside Elementary School

    2.53 miles

  • Morrisville Elementary School

    3.54 miles

  • Carpenter Elementary School

    3.96 miles

  • The Goddard School

    2.42 miles

  • Primrose at the Park

    2.54 miles

  • Discovery Child Development Center

    2.84 miles

  • Kool Kidz Drop-In Childcare

    3.09 miles

  • Primrose School of Cary

    3.29 miles

  • Bright Horizons

    3.38 miles

  • PB&J's Children's Center

    4.11 miles

  • Preston Children's Academy

    4.17 miles

  • Genesis Christian Preschool

    4.97 miles

  • The Learning Experience

    4.98 miles

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