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Medical Office Building with Two Suites
For Sale
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217-219 Station St, Jacksonville, NC 28546

For-sale medical office building featuring two identical 3,981 SF suites with multi-room layouts and restroom facilities.

Property Size7,962 SF
Price / SF$219.79
Days on Market521

Property Features for 217-219 Station St

General Information

Standard status Active
Size 7,962 SF
Property subtype OFFICE

Additional Details

Office Units 2

Amenities

security features

Building Details

Tenancy Multi
Listing Agency: Ray Properties Inc
Listed By: Melissa Kepes · License #145288
Source: Moodyscre
Added: Feb 25, 2025 Changed: Jul 26 Last Checked: Jul 30 at 2:28PM

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 Ray Properties Inc

Investment Insights

Based on property information with market context.

This medical office building comprises two identical office suites, totaling 7,962 square feet. Each suite includes a large lobby, a receptionist office, five restrooms, a large open area, 10 private offices, plus storage and utility rooms.

Each suite also has an upstairs component with a 760-square-foot break room/employee lounge and an additional 780-square-foot attic storage area. The property is described as being in excellent condition, with recent improvements that include security features.

The building is located near Onslow Memorial Hospital.

Key Highlights

  • 7962 SF medical office building near Onslow Memorial Hospital, featuring two identical 3,981 SF suites
  • Each suite includes a large lobby, receptionist office, and 5 restrooms
  • Each suite offers large open space, 10 private offices, plus storage and utility rooms

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 $172.0k $21.60
− Vacancy −$7.7k −$0.97
EGI $164.2k $20.63
− OpEx −$65.7k −$8.25
NOI $98.5k $12.38
7,962 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,544 @ 7.0% cap · market cap 5.63%
Second Best
Office B
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,364 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M (±1% cap)
NOI $121,073 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,216
Businesses Nearby
Well-served
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - For-sale medical office building featuring two identical 3,981 SF suites with multi-room layouts and restroom facilities.
Where is this medical office space located?
The property is located at 217-219 Station St Jacksonville, NC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7962 SF medical office building near Onslow Memorial Hospital, featuring two identical 3,981 SF suites; Each suite includes a large lobby, receptionist office, and 5 restrooms; Each suite offers large open space, 10 private offices, plus storage and utility rooms
(910) 330-0914 Call to check price and availability
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