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Medical Office Building in Brevard

157 Medical Park Drive, Brevard, NC 28712

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For Sale

$1,075,000

5,625 SF medical office building for sale.

Type:Commercial

Property size:

5,625 SF

Price / SF:

$191/SF

HighLights

5,625 SF medical office building, ideal for healthcare uses.
Located in Brevard’s established Medical Park district, near Transylvania Regional Hospital.
Efficient clinical layout suitable for medical, dental, or therapy practices.
Delivered vacant and ready for immediate occupancy.
Can be easily divided into a two‑user building.
Separate meters already in place for potential two‑user configuration.

We can help!

Listing Contact

CHRIS MANSFIELD

For Sale

$1,075,000

5,625 SF medical office building for sale.

Type:Commercial

Property size:

5,625 SF

Price / SF:

$191/SF

Added:: Dec 11, 2025
Days on Market:: 180
Last Refresh:: May 10 at 8:57 pm

Property Features for 157 Medical Park Drive

General Information

Standard status: Active
Size: 5,625 SF
Property subtype: Commercial

Building Details

Year Built: 1988

We can help!

Listing Contact

CHRIS MANSFIELD

Listing agent CHRIS MANSFIELD License #340236

Listing office NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL

Listing date Dec 11, 2025

Source Corcoran

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 NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL

HighLights

5,625 SF medical office building, ideal for healthcare uses.
Located in Brevard’s established Medical Park district, near Transylvania Regional Hospital.
Efficient clinical layout suitable for medical, dental, or therapy practices.
Delivered vacant and ready for immediate occupancy.
Can be easily divided into a two‑user building.
Separate meters already in place for potential two‑user configuration.

Overview

The property at 157 Medical Park Dr is a 5,625 SF medical office building located in Brevard’s established Medical Park district. It is situated less than one mile from Transylvania Regional Hospital. The building is offered as a leasehold interest and will be delivered vacant. The property features an efficient clinical layout suitable for medical, dental, therapy, or other healthcare uses. The building could accommodate a single user or be divided into a two-user building, with separate meters already in place.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$135.0k	$24.00
− Vacancy	−$19.0k	−$3.38
EGI	$116.0k	$20.62
− OpEx	−$29.0k	−$5.15
NOI	$87.0k	$15.46

5,625 SF · lease $24.00/SF/yr · vacancy 14.10% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $86,974 @ 7.0% cap · market cap 8.09%

Second Best

Healthcare Medical

$1.02M

$888.5K – $1.18M (±1% cap)

NOI $71,078 @ 7.0% cap · market cap 6.61%

Theoretical Best

Office A

$1.66M

$1.45M – $1.93M (±1% cap)

NOI $115,965 @ 7.0% cap · market cap 10.79%

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

Property Profile Location Intelligence

Current Use by Public Records

Hendersonville Pediatrics Pediatrician Stombaugh Lauretta G ... Pediatrician Henderson Pediatrics: Buell ... Physician Ann Farash Pediatrician Veresa Myers Pediatrician

Suggested Use

Location Insight

Map
Local Demand

City: Brevard
County: Transylvania
State: North Carolina
Longitude: -82.7131
Latitude: 35.2569

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For sale
Medical Office Space
NC
Brevard
28712
157 Medical Park Drive

What type of property is this?

Medical Office Space - 5,625 SF medical office building for sale.

Where is this medical office space located?

The property is located at 157 Medical Park Drive Brevard, NC.

What is the asking price?

The asking price for this property is $1,075,000.

What are key features of this property?

This property features: 5,625 SF medical office building, ideal for healthcare uses.; Located in Brevard’s established Medical Park district, near Transylvania Regional Hospital.; Efficient clinical layout suitable for medical, dental, or therapy practices.