Two-Suite Medical Office
For Sale
$1,750,000
219 Station St, Jacksonville, NC 28546
Two matching suites offer reception areas, private offices, open workspace, storage, and employee lounge areas.
Property Size7,962 SF
Price / SF$219.79
Days on Market85
Property Features for 219 Station St
General Information
Standard status
Active
Size
7,962 SF
Additional Details
Office Units
2
Amenities
break room/employee lounge
attic storage area
security features
Building Details
Year Built
2000
Buildings
1
Listing Agency:
Ray Properties, INC
Listed By:
Melissa Kepes · License #145288
(910) 346-8218
Source:
Advantagecoastalproperties
Added: Jul 21
Changed: Oct 11
Last Checked: Oct 12 at 11:40PM
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 Ray Properties, INC
Investment Insights
Based on property information with market context.
This 7,962-square-foot medical office building, completed in 2000, is arranged as two matching 3,981-square-foot suites. Each suite includes a sizable lobby, receptionist office, five restrooms, open work area, 10 private offices, storage, and utility rooms. The upper level of each suite adds a 760-square-foot break room and employee lounge along with 780 square feet of attic storage. Recent improvements include added security features, and the building is described as being in excellent condition.
The property is located at 219 Station St in Jacksonville, near Onslow Memorial Hospital. Its dual-suite configuration provides two comparable office layouts within one medical office asset, with dedicated support areas and substantial storage in each suite.
The property is located at 219 Station St in Jacksonville, near Onslow Memorial Hospital. Its dual-suite configuration provides two comparable office layouts within one medical office asset, with dedicated support areas and substantial storage in each suite.
Key Highlights
- 7,962 SF medical office building completed in 2000
- Two matching 3,981 SF office suites
- Each suite includes 10 private offices, 5 restrooms, lobby, reception, storage, and utility rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,544
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,970,880
$2.0M
Cap Rate 7%
$1,407,771
$1.4M
Cap Rate 9%
$1,094,933
$1.1M
Market Conditions
NOI Build-Up for 7,962 SF
Gross rent
$172.0K $21.60/SF
− Vacancy
−$7.7K −$0.97/SF
EGI
$164.2K $20.63/SF
− OpEx
−$65.7K −$8.25/SF
NOI
$98.5K $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%
$1,970,880
Cap Rate 7%
$1,407,771
Cap Rate 9%
$1,094,933
Alternative Uses
Best Use
Healthcare Medical
$1.41M
$1.23M – $1.64M
NOI $98,544 @ 7.0% cap · market cap 5.63%
Second Best
Office B
$1.31M
$1.14M – $1.52M
NOI $91,364 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,073 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
1,216
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two matching suites offer reception areas, private offices, open workspace, storage, and employee lounge areas.
Where is this medical office space located?
The property is located at 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: 7,962 SF medical office building completed in 2000; Two matching 3,981 SF office suites; Each suite includes 10 private offices, 5 restrooms, lobby, reception, storage, and utility rooms
