Medical Office Building with Exam
1104 Gracie Pl Goldsboro, NC 27534
1104 Gracie Pl, Goldsboro, NC, 27534
$1,400,000
For Sale
$1,400,000
Two-story office building includes 8+ exam rooms, multiple offices, and 26 parking spaces.
Property Size5,096 SF
Price / SF$274.73
Days on Market91
Property Features for 1104 Gracie Pl
General Information
- Standard status
- Active
- Size
- 5,096 SF
Listing agency
The Firm NC
(919) 920-2609
Listed by
Robert Phillips · License #310043
(919) 920-2609
Source
Exprealty
Added: Apr 22 Updated: Jul 21 at 12:47AM Checked: Jul 21 at 12:47AM
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 The Firm NC
Investment Insights
Based on property information with market context.
This two-story office building was previously operated as a medical practice and is configured with multiple treatment and administrative areas. On the first floor, the layout includes 8+ exam rooms, two reception areas, a large lobby, four offices with separate bathrooms, storage rooms, a nurses’ station, public restrooms, and a break room. The second floor is partially finished and includes four offices plus an open area that can be completed for additional office use.
The property is offered for sale at 1104 Gracie Pl in Goldsboro, NC. It includes approximately 26 parking spaces, supporting patient or client access for an office-oriented tenant.
With its existing room count and partially finished second level, the building may work for users looking to operate from a medical-style environment while retaining flexibility for reconfiguration on the upper floor.
The property is offered for sale at 1104 Gracie Pl in Goldsboro, NC. It includes approximately 26 parking spaces, supporting patient or client access for an office-oriented tenant.
With its existing room count and partially finished second level, the building may work for users looking to operate from a medical-style environment while retaining flexibility for reconfiguration on the upper floor.
Key Highlights
- Two‑story commercial office building at 1104 Gracie Place with approx. 5,096 SF and 26 parking spots
- First floor features 8+ exam rooms, large lobby, 2 reception areas, nurses’ station, and public restrooms
- First floor also includes 4 offices with separate bathrooms, storage rooms, and a break room
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 | $110.1k | $21.60 |
| − Vacancy | −$21.6k | −$4.23 |
| EGI | $88.5k | $17.37 |
| − OpEx | −$22.1k | −$4.34 |
| NOI | $66.4k | $13.02 |
5,096 SF · lease $21.60/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$2.90M
$2.54M – $3.38M
NOI $203,051 @ 7.0% cap · market cap 14.50%
Second Best
Office B
$948.2K
$829.7K – $1.11M
NOI $66,374 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$4.10M
$3.58M – $4.78M
NOI $286,791 @ 7.0% cap · market cap 20.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Two-story office building includes 8+ exam rooms, multiple offices, and 26 parking spaces.
Where is this medical office space located?
The property is located at 1104 Gracie Pl Goldsboro, NC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two‑story commercial office building at 1104 Gracie Place with approx. 5,096 SF and 26 parking spots; First floor features 8+ exam rooms, large lobby, 2 reception areas, nurses’ station, and public restrooms; First floor also includes 4 offices with separate bathrooms, storage rooms, and a break room
