Medical Office Building with Two
276 Old Mocksville Rd Ste 800 Statesville, NC 28625
New
276 Old Mocksville Rd Ste 800, Statesville, NC, 28625
$655,000
For Sale
$655,000
Built in 1990, this 2,800 SF two-unit building is zoned O-I-2 and suited for office or medical use.
Property Size2,800 SF
Price / SF$233.93
Days on Market3
Property Features for 276 Old Mocksville Rd Ste 800
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Medical Office Condo
Building Details
- Year Built
- 1990
Listing agency
(704) 928-8981
Listed by
Steve Mallory · License #NC #343458
(704) 928-8981
Source
7s
Added: Jul 20 Updated: Jul 21 at 2:11AM Checked: Jul 22 at 5:14AM
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 Steve Mallory
Investment Insights
Based on property information with market context.
For sale, this 2,800 SF, two-unit property at 276 Old Mocksville Rd (Ste 800) in Statesville, NC was built in 1990 and is described as well maintained. The layout supports office or medical use, offering a flexible option for an owner-occupant or investor looking to manage multiple units within one building.
The property is located in the Charlotte MSA within the Iredell submarket and is zoned O-I-2. Its configuration and maintained condition are intended to provide a functional setting for professional services that fit the existing zoning parameters.
The property is located in the Charlotte MSA within the Iredell submarket and is zoned O-I-2. Its configuration and maintained condition are intended to provide a functional setting for professional services that fit the existing zoning parameters.
Key Highlights
- Built in 1990: 2,800 SF two‑unit commercial building at 276 Old Mocksville Rd, Ste 800, Statesville, NC 28625
- Two units in one building, suited for office or medical use
- Zoned O‑I‑2
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 | $72.9k | $26.04 |
| − Vacancy | −$7.4k | −$2.66 |
| EGI | $65.5k | $23.38 |
| − OpEx | −$16.4k | −$5.85 |
| NOI | $49.1k | $17.54 |
2,800 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$701.5K
$613.8K – $818.4K
NOI $49,106 @ 7.0% cap · market cap 7.50%
Second Best
Healthcare Medical
$557.1K
$487.5K – $650.0K
NOI $38,998 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$881.3K
$771.1K – $1.03M
NOI $61,690 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mastor Jason MD
Physician
Brenda M. Alloway, ...
Physician
Piedmont HealthCare – Joshi ...
Physician
Novant Health Cancer ...
Medical Clinic
Dr. Robert A. Aryeetey, ...
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Statesville Bovine & Equine: Blackwelder J T DVM — 181 Mocksville Hwy B, Statesville, NC 28625
- Statesville Bovine & Equine: Pendergrass Brett J DVM — 181 Mocksville Hwy B, Statesville, NC 28625
- Statesville Equine Clinic — 181 Mocksville Hwy B, Statesville, NC 28625
FAQs
What type of property is this?
Medical Office Space - Built in 1990, this 2,800 SF two-unit building is zoned O-I-2 and suited for office or medical use.
Where is this medical office space located?
The property is located at 276 Old Mocksville Rd Ste 800 Statesville, NC.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Built in 1990: 2,800 SF two‑unit commercial building at 276 Old Mocksville Rd, Ste 800, Statesville, NC 28625; Two units in one building, suited for office or medical use; Zoned O‑I‑2
