Medical Office Condo Near
For Sale
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1756 Metro Medical Dr, Fayetteville, NC 28304
4,985 SF medical office condo near Cape Fear Valley Hospital.
Property Size4,985 SF
Price / SF$128.18
Days on Market139
Property Features for 1756 Metro Medical Dr
General Information
Standard status
Active
Size
4,985 SF
Property subtype
Office
Building Details
Year Built
1981
Listing Agency:
Coldwell Banker Advantage Fayetteville
Listed By:
Bill Hedgepeth · License #92878
Source:
Crexi
Added: Mar 15
Changed: Jul 6
Last Checked: Jul 30 at 3:40PM
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 Coldwell Banker Advantage Fayetteville
Investment Insights
Based on property information with market context.
The property at 1756 Metromedical Drive, Fayetteville, NC 28304 is a 4,985 sq ft, 2-story medical office condo. It is located near Cape Fear Valley Hospital and the new Methodist University Medical School, which is opening this fall. The property is also conveniently located across from Fayetteville Ambulatory Surgery Center and behind Valley Regional Imaging. The surrounding area is experiencing growth around the hospital and the new medical school, which may lead to increased property values. This property is suitable for a physician’s clinic or any related health field business such as medical billing. The condo includes several exam rooms, offices, and a large reception area. Adequate parking is available. The exterior was refurbished last fall. The current tenant is a physician on a month-to-month lease and will vacate for a smaller office upon sale of the condo. The buyer is welcome to discuss extending the lease with the current tenant.
Key Highlights
- Located 1‑2 minutes from Cape Fear Valley Hospital and the new Methodist University Medical School.
- 4,985 sq ft, 2‑story medical office condo.
- Ideal for physician's clinic or related health field business.
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 | $95.7k | $19.20 |
| − Vacancy | −$9.6k | −$1.92 |
| EGI | $86.1k | $17.28 |
| − OpEx | −$34.5k | −$6.91 |
| NOI | $51.7k | $10.37 |
4,985 SF · lease $19.20/SF/yr · vacancy 10.00% · expense 40.00%
Alternative Uses
Best Use
Office B
$870.6K
$761.8K – $1.02M
NOI $60,940 @ 7.0% cap · market cap 9.54%
Second Best
Healthcare Medical
$738.3K
$646.1K – $861.4K
NOI $51,684 @ 7.0% cap · market cap 8.09%
Theoretical Best
Office A
$1.09M
$955.9K – $1.27M
NOI $76,474 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,742
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28304, NC
37,120
Population
16,424
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
2,133
Density / Sq Mi
$57,867
Median Household Income
$35,907
Median Earnings
$1,218
Median Rent
$154,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 4,985 SF medical office condo near Cape Fear Valley Hospital.
Where is this medical office space located?
The property is located at 1756 Metro Medical Dr Fayetteville, NC.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Located 1‑2 minutes from Cape Fear Valley Hospital and the new Methodist University Medical School.; 4,985 sq ft, 2‑story medical office condo.; Ideal for physician's clinic or related health field business.
