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902 Church St - Hotel Pad Site 2 Acres of Commercial Land Offered at $4,000,000 in Morrisville, NC 27560
Investment Highlights
- The site is approved for a 138-key, 7-story hotel featuring:
- ±8,500 SF rooftop restaurant with panoramic views
- Structured parking and additional surface parking
- ±5,000 SF of ground-floor retail
- Includes 90 structured parking spaces with adjacent luxury condominiums
- Fully titled approved site plans
Executive Summary
Located within minutes of I-540 and I-40, this premier pad site boasts connectivity to Research Triangle Park, a major hub for technology, life sciences, and corporate headquarters. The surrounding area benefits from strong corporate demand, year-round travel activity, and sustained population growth, making it an attractive site for hotel development.
With its strategic infill location supported by robust infrastructure and proximity to regional drivers, this property delivers outstanding development potential and long-term investment stability.
Property Facts
| Price | $4,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hotel |
| No. Lots | 1 | Total Lot Size | 2.00 AC |
| Property Type | Land | ||
| Zoning | TOD - Business Activity Center Gateway Overlay District | ||
| Price | $4,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hotel |
| Total Lot Size | 2.00 AC |
| Zoning | TOD - Business Activity Center Gateway Overlay District |
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 2.00 AC |
| Price Per AC | $2,000,000.00 |
| Price | $4,000,000 |
| Price Per AC | $2,000,000.00 |
| Lot Size | 2.00 AC |
Positioned in the thriving Morrisville market, 5728 McCrimmon Parkway offers a rare 1.5-acre hotel development pad in a highly active corridor near Raleigh-Durham International Airport.
Description
The property consists of approximately 1.5 acres located at 5728 McCrimmon Parkway in Morrisville, North Carolina. It is approved for a hotel development with 138 rooms and seven stories. The site is proximate to major transportation corridors including Interstates 40 and 540 and is near Raleigh-Durham International Airport. Surrounding land use consists of commercial and residential developments with access to utilities and regional infrastructure. The parcel is located within the Research Triangle area.
Property Taxes
| Parcel Number | 0746.04-72-1255-000 | Improvements Assessment | $0 |
| Land Assessment | $977,486 | Total Assessment | $977,486 |
Property Taxes
Contact the Sale Advisor
902 Church St - Hotel Pad Site