ADA-Compliant Medical
For Sale
$375,000
1786 Pine Valley Drive SW, Supply, NC 28462
Commercial Sale, Supply, NC
Property Size1,540 SF
Lot Size0.56 Acres
Price / SF$243.51
Days on Market162
Property Features for 1786 Pine Valley Drive SW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CO-CLD
Parking
14
Parking features
Parking Lot
Subdivision
Not In Subdivision
Directions
Holden Beach Rd to Pine Valley Dr, parking lot on left after you turn.
Standard status
Active
APN
232aa00301
Size
1,540 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
L-1 3 4 Pine View Acres Plat H/378 Nc 130
Tax Annual Amount
900
Legal Description
L-1 3 4 Pine View Acres Plat H/378 Nc 130
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating), Forced Air
Cooling system
Central Air, Heat Pump
Water source
Public
Building Details
Year built
1979
Number of units
1
Flooring type
Carpet, Tile
Building materials
Vinyl Siding
Roof type
Shingle, Composition
Listing Agency:
PROACTIVE Real Estate
(910) 842-1616
Listed By:
Rick A Winner · License #188223
(910) 279-1979
Added: Apr 6
Changed: Sep 12
Last Checked: Sep 14 at 8:06PM
MLS# 100565253
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,540-square-foot medical office building at 1786 Pine Valley Drive SW offers a practical arrangement for continued clinical use or other professional occupancy. The interior includes multiple private offices or exam rooms, a consultation office, reception area with secure records storage, waiting space with a child play area, kitchenette, and dedicated staff and client restrooms. The building is fully ADA compliant and includes tile and carpet flooring.
Constructed in 1979, the property has received a new roof in 2023 and a new HVAC system in 2024. The 0.561-acre site includes a private paved parking lot with 14 spaces, including covered and handicap-accessible parking. Public water and septic service are in place, and the property is zoned Commercial Low Density (CO-CLD).
Constructed in 1979, the property has received a new roof in 2023 and a new HVAC system in 2024. The 0.561-acre site includes a private paved parking lot with 14 spaces, including covered and handicap-accessible parking. Public water and septic service are in place, and the property is zoned Commercial Low Density (CO-CLD).
Key Highlights
- 1,540 SF medical office building on 0.561 acres
- Fully ADA compliant with private offices or exam rooms
- New roof installed in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,558
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$391,160
$391.2K
Cap Rate 7%
$279,400
$279.4K
Cap Rate 9%
$217,311
$217.3K
Market Conditions
NOI Build-Up for 1,540 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.2K $20.88/SF
− Vacancy
−$6.1K −$3.95/SF
EGI
$26.1K $16.93/SF
− OpEx
−$6.5K −$4.23/SF
NOI
$19.6K $12.70/SF
Area
Brunswick County, NC
Vacancy
18.90%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$391,160
Cap Rate 7%
$279,400
Cap Rate 9%
$217,311
Alternative Uses
Best Use
Office B
$279.4K
$244.5K – $326.0K
NOI $19,558 @ 7.0% cap · market cap 5.22%
Second Best
Healthcare Medical
$186.1K
$162.9K – $217.2K
NOI $13,029 @ 7.0% cap · market cap 3.47%
Theoretical Best
Multifamily LT 5
$18.86M
$16.50M – $22.00M
NOI $1,319,948 @ 7.0% cap · market cap 351.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28462, NC
12,674
Population
11,620
Households
1.1
Avg Household Size
54
Median Age
25%
College-Educated
89%
High-School Grad
72.4 sq mi
ZIP Area
175
Density / Sq Mi
$58,545
Median Household Income
$36,037
Median Earnings
$859
Median Rent
$229,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional office layout with private rooms, reception, waiting area, kitchenette, and separate staff and client restrooms.
Where is this medical office space located?
The property is located at 1786 Pine Valley Drive SW Supply, NC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,540 SF medical office building on 0.561 acres; Fully ADA compliant with private offices or exam rooms; New roof installed in 2023
