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Medical Office Suite with Exam Rooms
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2340 Hemby Ln, Greenville, NC 27834

Medical office suite includes six exam rooms with sinks, nurse stations, and ample parking.

Property Size3,220 SF
Price / SF$225
Days on Market277

Property Features for 2340 Hemby Ln

General Information

Standard status Active
Size 3,220 SF
Property subtype Office
Zoning MO

Amenities

6 exam rooms with sinks
2 nurse stations
reception area with natural light
spacious waiting areas
private offices
employee breakroom
private restroom

Building Details

Year Built 2006
Buildings 1
Stories 1
Units 1
Listing Agency: Kittrell & Armstrong LLC
Listed By: Stephanie Warren · License #340713
Source: Crexi
Added: Jan 26 Changed: Oct 25 Last Checked: Oct 28 at 4:40AM

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 Kittrell & Armstrong LLC

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.

Suite 300 is a medical-focused office space designed to support healthcare operations. The layout features six exam rooms with sinks, two nurse stations, a reception area with natural light, spacious waiting areas, private offices, and a dedicated employee breakroom with a private restroom.

The property is located in Greenville’s Medical District near ECU Health Medical Center, with ample parking provided for patients and staff. It is zoned Medical Office (MO).

Planned exterior upgrades are noted for 2026, offering the opportunity for improvements to the property’s curb presence.

Key Highlights

  • 3,220 SF medical office suite built in 2006 at 2340 B Hemby Lane, Suite 300, Greenville, NC 27834
  • Layout includes 6 exam rooms with sinks, plus 2 nurse stations
  • Reception with natural light, spacious waiting areas, private offices, and a dedicated employee breakroom with a private restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,312
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,240 $726.2K
Cap Rate 7%
$518,743 $518.7K
Cap Rate 9%
$403,467 $403.5K
Market Conditions
NOI Build-Up for 3,220 SF
Gross rent
$67.6K $21.00/SF
− Vacancy
−$7.1K −$2.21/SF
EGI
$60.5K $18.80/SF
− OpEx
−$24.2K −$7.52/SF
NOI
$36.3K $11.28/SF
Area
Pitt County, NC
Vacancy
10.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,240
Cap Rate 7%
$518,743
Cap Rate 9%
$403,467

Alternative Uses

Best Use
Healthcare Medical
$518.7K
$453.9K – $605.2K (±1% cap)
NOI $36,312 @ 7.0% cap · market cap 5.01%
Second Best
Office B
$495.2K
$433.3K – $577.8K (±1% cap)
NOI $34,667 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$701.0K
$613.3K – $817.8K (±1% cap)
NOI $49,067 @ 7.0% cap · market cap 6.77%
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

Select Physical Therapy ... Medical Clinic David W Frazier, ... Physician Heart Rhythm Associates Physician Gregory S Harris, ... Physician Susan Vick Physician

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply HVAC Service Kitchen & Bath Showroom Storage Facility

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

Location Intelligence

Trade Area within ½ mile

3,811
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
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

Similar Off Market Nearby

  • Vet Center — Greenville, NC 27834

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office suite includes six exam rooms with sinks, nurse stations, and ample parking.
Where is this medical office space located?
The property is located at 2340 Hemby Ln Greenville, NC.
What is the asking price?
The asking price for this property is $724,500.
What are key features of this property?
This property features: 3,220 SF medical office suite built in 2006 at 2340 B Hemby Lane, Suite 300, Greenville, NC 27834; Layout includes 6 exam rooms with sinks, plus 2 nurse stations; Reception with natural light, spacious waiting areas, private offices, and a dedicated employee breakroom with a private restroom
(252) 381-3976 Call to check price and availability
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