Specialized Medical Office
New
For Sale
$2,100,000
169 Rawls Road, Angier, NC 27501
Commercial Sale, Angier, NC
Property Size6,570 SF
Lot Size0.89 Acres
Price / SF$319.63
Days on Market2
Property Features for 169 Rawls Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
GC
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2
Standard status
Active
APN
040674 0250 06
Size
6,570 SF
Lot size
0.89 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lt#3 Robeson Venture 137X269av #98-392
Tax Annual Amount
11629
Legal Description
Lt#3 Robeson Venture 137X269av #98-392
Building Details
Year built
1999
Floors in Building
1
Building materials
Brick, Vertical Siding
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 552-4517
Listed By:
Gina Marie Bobber Clapp · License #288841
(919) 818-3916
Added: Aug 21
Last Checked: Aug 22 at 4:06PM
MLS# 10187866
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6,570-square-foot medical office building occupies 0.89 acres and was constructed in 1999. The interior includes multiple examination rooms with built-in sinks and cabinetry, six lead-lined X-ray rooms, and a dedicated panel for mobile MRI connections. Brick and vertical siding define the exterior, while vaulted wood ceilings, exposed beams, and natural light shape the patient-facing areas. Two bathrooms are also included.
The property is located at 169 Rawls Road in Angier, North Carolina, near NC 55 and the NC 55 Bypass, which is under construction. On-site parking supports the existing healthcare-oriented layout. The property carries GC zoning and offers specialized improvements that are distinct from a conventional office configuration.
The property is located at 169 Rawls Road in Angier, North Carolina, near NC 55 and the NC 55 Bypass, which is under construction. On-site parking supports the existing healthcare-oriented layout. The property carries GC zoning and offers specialized improvements that are distinct from a conventional office configuration.
Key Highlights
- 6,570 SF medical office building on 0.89 acres
- Six lead‑lined X‑ray rooms
- Multiple exam rooms with sinks and cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,324
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,566,480
$1.6M
Cap Rate 7%
$1,118,914
$1.1M
Cap Rate 9%
$870,267
$870.3K
Market Conditions
NOI Build-Up for 6,570 SF
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.
Gross rent
$145.9K $22.20/SF
− Vacancy
−$15.3K −$2.33/SF
EGI
$130.5K $19.87/SF
− OpEx
−$52.2K −$7.95/SF
NOI
$78.3K $11.92/SF
Area
Harnett County, NC
Vacancy
10.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,566,480
Cap Rate 7%
$1,118,914
Cap Rate 9%
$870,267
Alternative Uses
Best Use
Healthcare Medical
$1.12M
$979.1K – $1.31M
NOI $78,324 @ 7.0% cap · market cap 3.73%
Second Best
Office B
$1.02M
$894.9K – $1.19M
NOI $71,592 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,114 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27501, NC
20,918
Population
9,104
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
82%
High-School Grad
62.8 sq mi
ZIP Area
333
Density / Sq Mi
$71,217
Median Household Income
$40,518
Median Earnings
$1,008
Median Rent
$251,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Angier Family Pharmacy — 50 E Depot St, Angier, NC 27501
- Vadala-Barbour Denise DVM — 149A Logan Ct, Angier, NC 27501
Frequently Asked Questions
What type of property is this?
Medical Office Space - Purpose-built clinical layout with diagnostic imaging infrastructure, patient areas, and on-site parking.
Where is this medical office space located?
The property is located at 169 Rawls Road Angier, NC.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 6,570 SF medical office building on 0.89 acres; Six lead‑lined X‑ray rooms; Multiple exam rooms with sinks and cabinetry
