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    724 Thomas St Asheboro, NC 27203

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    For Sale
    $2,700,000

    Leased to Moses Cone Hospital until December 2027.

    Property size:
    7,341 SF
    Lot size:
    1.90 Acres

    Property Features for 724 Thomas St

    General Information

    Size
    7,341 SF
    Lot size
    1.90 Acres

    Source: Flagship Healthcare Properties Agent Tiffany Slayden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ambulatory Surgery Center For Sale

    This Medicare Certified Ambulatory Surgery Center is leased to The Moses H. Cone Memorial Hospital through December 31, 2027. The hospital has occupied this 7,341-square-foot facility since 2021 and provides comprehensive cancer care to Randolph County, including chemotherapy, infusion services, and injection treatments. There are no remaining renewal options. Moses Cone’s plans for this facility beyond December 31, 2027 are unknown at this time. Located in Asheboro, North Carolina, this ASC may be purchased as an investment property, with in-place income or as a future owner-occupied facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DeQuincy Andrew Lewis, ... Oncologist Christine Holzer Mccarty Oncologist Central Piedmont Surgery ... Surgical Center Christine H. McCarty, ... Oncologist DeQuincy A. Lewis, MD Oncologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Asheboro
    County
    Randolph
    State
    North Carolina
    Longitude
    -79.79391
    Latitude
    35.702552

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    FAQs

    What type of property is this?
    Medical center - Leased to Moses Cone Hospital until December 2027.
    Where is this medical center located?
    The property is located at 724 Thomas St Asheboro, NC.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Leased to The Moses H. Cone Memorial Hospital through December 31, 2027.; - Medicare Certified Ambulatory Surgery Center (ASC).; - In-place income potential as an investment property.
    (704) 906-9699
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    724 Thomas St Asheboro, NC 27203
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    Realmo Value Estimation

    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.

    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.

    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
    724 Thomas St Asheboro, NC 27203
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