Medical Office Investment
1790 Metro Medical Drive Fayetteville, NC 28304
1790 Metro Medical Drive, Fayetteville, NC, 28304
$435,000
Pending
For Sale
$435,000
Pending
SINGLE_FAMILY - Fayetteville, NC
Property Size3,353 SF
Days on Market111
Property Features for 1790 Metro Medical Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 50
- Parking features
- Parking Lot
- Standard status
- Pending
- APN
- 0426-16-1774
- Size
- 3,353 SF
Taxes and HOA fees
- Tax Description
- MEDICAL VILLAGE COMMON AREA SE-PL:0050-0016
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Central, Electric (Heating)
- Water source
- Public
Building Details
- Building materials
- Cedar, Frame
- Roof type
- Shingle
Listing Agency
FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
(910) 864-2626
2547 RAVENHILL DRIVE SUITE 100, Fayetteville, NC
Listed by
PETER STEWART · License #311148
(910) 977-5770
Added: Mar 30 Checked: Jul 18 at 1:06 am
MLS# 759802
Copyright © 2026 Longleaf Pine Realtors. 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 medical or multi-use office space presents an investment opportunity with a current lease in place for four years, plus an option to renew. The current net CAP rate is approximately 9.5%. The tenant is responsible for HOA dues, which cover the building's exterior walls, roof, grounds maintenance, and water/sewer services. The new owner would be responsible for inside property insurance and property taxes, which are included in the net CAP. Located close to Cape Fear Valley Hospital and across the street from the Fayetteville Ambulatory Center, the property is situated in the Metro Medical Complex area, which primarily consists of medical and professional offices. The building features eleven first-floor rooms, including four exam rooms equipped with sinks and storage cabinets, a waiting room, a receptionist area, a break room, four offices, and four bathrooms. A large upstairs room can be used for storage or as a private office space. There is also a utility room located in the upstairs area. The property has 3,353 square feet of space. New carpet, tile, and interior painting were completed in March 2025. The HOA updated and repainted the outside building walls in 2025.
Key Highlights
- High Net CAP Rate: Currently leased with a 9.5% +/- Net CAP, providing a strong return on investment.
- Long‑Term Lease: Leased for four years with an option to renew, ensuring stable income.
- Prime Location: Close to Cape Fear Valley Hospital and across from Fayetteville Ambulatory Center, ideal for medical or professional use.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.4k | $19.20 |
| − Vacancy | −$6.4k | −$1.92 |
| EGI | $57.9k | $17.28 |
| − OpEx | −$23.2k | −$6.91 |
| NOI | $34.8k | $10.37 |
3,353 SF · lease $19.20/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$585.6K
$512.4K – $683.2K
NOI $40,989 @ 7.0% cap · market cap 9.42%
Second Best
Healthcare Medical
$496.6K
$434.6K – $579.4K
NOI $34,764 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$734.8K
$643.0K – $857.3K
NOI $51,438 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Morales Corp
Hardware & Home Improvement
Life Net Services
Medical Clinic
Mary Margaret Tripp ...
Physician
Mary Margaret Hether
Physician
Hoffman and Hobbs
Law Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Central Animal Hospital — 2028 Owen Dr, Fayetteville, NC 28306
- Peak Performance Mobile Veterinary Services — 3035 Boone Trail Exd, Fayetteville, NC 28304
FAQs
What type of property is this?
Medical Office Space - Leased medical office space near Cape Fear Valley Hospital.
Where is this medical office space located?
The property is located at 1790 Metro Medical Drive Fayetteville, NC.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: High Net CAP Rate: Currently leased with a 9.5% +/- Net CAP, providing a strong return on investment.; Long‑Term Lease: Leased for four years with an option to renew, ensuring stable income.; Prime Location: Close to Cape Fear Valley Hospital and across from Fayetteville Ambulatory Center, ideal for medical or professional use.
