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    117 Doctors Park Lincolnton, NC 28092

    Sponsored
    For Sale
    $199,000

    SINGLE_FAMILY - Lincolnton, NC

    Type:Office
    Property size:
    1,520 SF
    Lot size:
    0.14 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 25 at 9:06 pm

    Property Features for 117 Doctors Park

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    00541
    Parking
    7
    Size
    1,520 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick Full
    Roof type
    Flat

    We can help!

    Listing Contact
    Janet Cox
    Janet Cox

    RE/MAX Lifestyle (704) 477-3596

    Listing agent Janet Cox (704) 477-3596

    Listing date Feb 25, 2026

    MLS# 4350528

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Professional Office Space in Lincolnton

    This is approximately 1,520 SF professional office space located in an established office park in Lincolnton, NC. Previously used as a medical office, the existing floor plan is suitable for medical, dental, or ancillary healthcare services. The configuration includes two front entrances and one rear entrance, offering flexibility for multi-provider use or separate client flow. Interior features include two lobby or waiting areas, a spacious reception and file/work area, five private offices or exam rooms, one larger executive office, one mid-size open workspace, and three half baths. Six parking spaces are located directly in front of the unit, along with ramp access. The property is located near Highway 321 and Main Street, offering accessibility and proximity to downtown and the Lincoln County Courthouse. Lincolnton has a population of approximately 12,000 residents, while Lincoln County is approaching 100,000 residents. The median household income is near $80,000. This is an affordable opportunity to expand an existing practice or establish a new professional presence in a strategically located North Carolina community. The lot size is 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nachamie, David Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Karen Miller, DVM, PetSites

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.236092
    Latitude
    35.467605

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    FAQs

    What type of property is this?
    Medical office - Well-located 1,520 SF office space suitable for medical use.
    Where is this medical office located?
    The property is located at 117 Doctors Park Lincolnton, NC.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Prime location near Highway 321 and Main Street, offering strong accessibility to downtown Lincolnton and the Lincoln County Courthouse.; - Functional layout previously used as a medical office, suitable for medical, dental, or healthcare services, with two front entrances and one rear entrance.; - Six dedicated parking spaces directly in front of the unit, with ramp access.
    (704) 477-3596
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Doctors Park Lincolnton, NC 28092
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    We can help!
    Listing Contact
    Janet Cox
    Janet Cox
    Real Estate License ID: 192231
    (704) 477-3596 (704) 764-1908 (704) 764-1909
    Learn more
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