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Medical Office Building with Parking
For Sale
$1,300,000

215 Station Street, Jacksonville, NC 28546

Three-suite multi-tenant medical/professional office building with 34 parking spaces on a 0.48-acre parcel.

Property Size8,434 SF
Lot Size0.48 Acres
Price / SF$154.14
Days on Market191

Property Features for 215 Station Street

General Information

Standard status Active
Size 8,434 SF
Total Parking Spaces 34
Lot size 0.48 Acres
Property subtype Commercial
Zoning IND

Additional Details

Office Units 3

Taxes and HOA fees

Annual Taxes $17,570

Amenities

Carpet,Tile
No
Yes
Electric
Eave Storage
Public
0.48
34.0
200x107x202x104
Synthetic Stucco
Parking Lot,Additional Parking,Asphalt,Off Street
Paved
Slab
City Street,State Road,Paved
8434.0

Building Details

Year Built 1999
Tenancy Multi
Listing Agency: RE/MAX Executive
Listed By: Michael Odham · License #312002
Source: Baystreetrealtygroup
Added: Apr 24 Changed: Oct 29 Last Checked: Oct 30 at 11:40AM

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 RE/MAX Executive

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This well-maintained medical/professional office building totals approximately 8,434 square feet and is configured as a three-unit, multi-tenant asset. Two suites are currently leased, and one suite is owner-occupied, supporting both in-place income and owner-user use. The property was updated with a roof replacement completed in 2018–2019.

The building is located in close proximity to Onslow Memorial Hospital, providing convenient access to a major healthcare hub. The site sits on a 0.48-acre parcel and includes 34 parking spaces.

The existing layout is designed to support medical and professional office uses, making it suitable for an owner-occupant seeking proximity to healthcare services or an investor looking for a partially leased, three-suite configuration.

Key Highlights

  • Three‑suite multi‑tenant medical/professional office building totaling approx. 8,434 SF
  • Two suites currently leased and one owner‑occupied
  • Built in 1999 and configured for medical and professional office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,386
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,087,720 $2.1M
Cap Rate 7%
$1,491,229 $1.5M
Cap Rate 9%
$1,159,844 $1.2M
Market Conditions
NOI Build-Up for 8,434 SF
Gross rent
$182.2K $21.60/SF
− Vacancy
−$8.2K −$0.97/SF
EGI
$174.0K $20.63/SF
− OpEx
−$69.6K −$8.25/SF
NOI
$104.4K $12.38/SF
Area
Onslow County, NC
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,087,720
Cap Rate 7%
$1,491,229
Cap Rate 9%
$1,159,844

Alternative Uses

Best Use
Healthcare Medical
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,386 @ 7.0% cap · market cap 8.03%
Second Best
Office B
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,780 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,251 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Daniel J. ... Physician Central Coast Dermatology Physician Neurosurgery Consultants PA Physician Dr. Sean Hsu, ... Physician Dr. Jeffrey Beecher Physician

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Hotel & Motel Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,216
Businesses Nearby

Demographics for 28546, NC

48,547
Population
21,387
Households
2.3
Avg Household Size
30
Median Age
25%
College-Educated
95%
High-School Grad
103.9 sq mi
ZIP Area
467
Density / Sq Mi
$60,552
Median Household Income
$39,487
Median Earnings
$1,174
Median Rent
$212,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Three-suite multi-tenant medical/professional office building with 34 parking spaces on a 0.48-acre parcel.
Where is this office building located?
The property is located at 215 Station Street Jacksonville, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three‑suite multi‑tenant medical/professional office building totaling approx. 8,434 SF; Two suites currently leased and one owner‑occupied; Built in 1999 and configured for medical and professional office use
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