Medical Office Building with Available
100 Cunningham Lane Clayton, NC 27527
100 Cunningham Lane, Clayton, NC, 27527
$1,500,000
For Sale
$1,500,000
Multi-unit medical office building with five leased units and 2,736 sq. ft. available for an owner-user or additional income.
Property Size7,036 SF
Lot Size0.85 Acres
Price / SF$213.19
Days on Market374
Property Features for 100 Cunningham Lane
General Information
- Standard status
- Active
- Size
- 7,036 SF
- Lot size
- 0.85 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 2006
Listing agency
HomeTowne Realty
(919) 608-7702
Listed by
Diana May · License #302472
(919) 608-7702
Source
Xome
Added: Jul 13, 2025 Updated: Jul 20 at 10:29PM Checked: Jul 21 at 3:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeTowne Realty
Investment Insights
Based on property information with market context.
Located at 100 Cunningham Lane in Clayton, NC, this multi-unit commercial building was originally designed as a medical office property. Five units are currently leased, and an additional 2,736 sq. ft. remains available for an owner-user or for expansion of leased space. The property also features ample parking, supporting day-to-day tenant and patient/visitor access.
The building is described as having flexible commercial zoning, with stated compatibility for uses beyond medical, including professional offices and business services. This combination of existing leased tenancy and available space makes the property workable for either continued leasing or an owner-occupant seeking room to grow within the same building.
The building is described as having flexible commercial zoning, with stated compatibility for uses beyond medical, including professional offices and business services. This combination of existing leased tenancy and available space makes the property workable for either continued leasing or an owner-occupant seeking room to grow within the same building.
Key Highlights
- 9,489 sq. ft. commercial building on 0.85 acres, built in 2006
- Currently 5 units are leased with tenants
- 2,736 sq. ft. remains available for an owner‑user or additional income
Local Financial Insights For Office B
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 | $173.1k | $24.60 |
| − Vacancy | −$29.1k | −$4.13 |
| EGI | $144.0k | $20.47 |
| − OpEx | −$36.0k | −$5.12 |
| NOI | $108.0k | $15.35 |
7,036 SF · lease $24.60/SF/yr · vacancy 16.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.80M
NOI $108,005 @ 7.0% cap · market cap 7.20%
Second Best
Healthcare Medical
$1.41M
$1.23M – $1.64M
NOI $98,405 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,999 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Key Physicians
Medical Clinic
Horizon Family Medicine: ...
Pediatrician
Horizon Family Medicine: ...
Pediatrician
Horizon Family Medicine: ...
Pediatrician
Horizon Family Medicine: ...
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Maple Ridge Mobile Veterinary Services, PLLC — 541 McCarthy Dr, Clayton, NC 27527
- Riverwood Veterinary Clinic — 200 Pritchard Rd, Clayton, NC 27527
FAQs
What type of property is this?
Medical Office Space - Multi-unit medical office building with five leased units and 2,736 sq. ft. available for an owner-user or additional income.
Where is this medical office space located?
The property is located at 100 Cunningham Lane Clayton, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,489 sq. ft. commercial building on 0.85 acres, built in 2006; Currently 5 units are leased with tenants; 2,736 sq. ft. remains available for an owner‑user or additional income
