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Jacksonville Medical/Office Complex For Sale

200 Doctors Drive Jacksonville, NC 28546

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For Sale
$4,890,000

Medical/office complex near Onslow Memorial Hospital, Jacksonville, North Carolina.

Type:Commercial/Industrial
Property size:
33,394 SF
Lot size:
8.52 Acres
Price / SF:
$146/SF
Added:
Apr 26, 2023
Days on Market:
1172
Last Refresh:
May 20 at 12:12 am

Property Features for 200 Doctors Drive

General Information

Standard status
Active
Size
33,394 SF
Lot size
8.52 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1973

Listing office Doyle Evans Realty, Inc.

Listing date Apr 26, 2023

Source Exitrealty

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 Doyle Evans Realty, Inc.


Investment Insights

Based on property information with market context.

This commercial property is a medical/office complex located in Jacksonville, North Carolina, approximately 0.3 miles from Onslow Memorial Hospital. The property, intended for commercial use, comprises 13 units situated on approximately 8.5 acres. Municipal services are available, and there is potential for constructing additional units. The property size is 33394 square feet.

Key Highlights

  • Prime location: Just .3 miles from Onslow Memorial Hospital.
  • Large medical/office complex with 13 units.
  • Significant land size: Situated on 8.5 +- acres.

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 $721.3k $21.60
− Vacancy −$32.5k −$0.97
EGI $688.9k $20.63
− OpEx −$275.5k −$8.25
NOI $413.3k $12.38
33,394 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$5.90M
$5.17M – $6.89M (±1% cap)
NOI $413,311 @ 7.0% cap · market cap 8.45%
Second Best
Office B
$5.47M
$4.79M – $6.39M (±1% cap)
NOI $383,196 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$7.25M
$6.35M – $8.46M (±1% cap)
NOI $507,803 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Down East Dental ... Dental Office Sherman Robert L ... Dental Office Eastern Carolina Dental: ... Dental Office Eastern Carolina Dental: ... Dental Office Eastern Carolina Dental: ... Dental Office

Suggested Use

Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply Parking Lot & Garage Garden Center HVAC Service Plumbing Service Hotel & Motel Gym & Fitness Center Furniture & Home Goods

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

FAQs

What type of property is this?
Medical center - Medical/office complex near Onslow Memorial Hospital, Jacksonville, North Carolina.
Where is this medical center located?
The property is located at 200 Doctors Drive Jacksonville, NC.
What is the asking price?
The asking price for this property is $4,890,000.
What are key features of this property?
This property features: Prime location: Just .3 miles from Onslow Memorial Hospital.; Large medical/office complex with 13 units.; Significant land size: Situated on 8.5 +- acres.
Contact an agent
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