Ground-Level Office Suite For
285 Olmsted Blvd Suite 5 Pinehurst, NC 28374
For Sale
Contact for pricing
2,500 SF office suite ideal for owner-users or investors.
Property Size2,500 SF
Price / SF$199.60
Days on Market127
Property Features for 285 Olmsted Blvd Suite 5
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Office
Building Details
Year Built
1999
Listing Agency:
Grant-Murray Real Estate
Listed By:
Roger Marx · License #NC 279023
Source:
Crexi
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 27 at 8:25PM
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 Grant-Murray Real Estate
Investment Insights
Based on property information with market context.
This ground-level office suite provides 2,500 square feet of professional space, suitable for owner-users, medical practitioners, or investors. The layout features a spacious reception area, five private offices, a secured IT/server room, and a kitchenette with a dedicated break area. In-suite men’s and women’s restrooms are included. The floorplan supports privacy and workflow efficiency, making it a versatile fit for a range of business or healthcare operations. Located near the intersection of Murdocksville Road and Highway 211 West, the property offers easy access in a growing commercial corridor. The surrounding area includes a mix of professional offices, retail, and service-based businesses. Highway 211 serves as a major route for regional traffic, contributing to consistent exposure and connectivity. The site is a short drive from surrounding neighborhoods and key amenities, offering convenience for staff and clientele alike. Its proximity to high-traffic intersections enhances its appeal for both daily operations and long-term value.
Key Highlights
- Ground‑level suite with 2,500 sq ft of professional space suitable for owner‑users, medical practitioners, or investors.
- Convenient location near Murdocksville Road and Highway 211 West in a growing commercial area.
- Functional layout with a spacious reception area, five private offices, and a central corridor.
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 | $54.9k | $21.96 |
| − Vacancy | −$4.7k | −$1.87 |
| EGI | $50.2k | $20.09 |
| − OpEx | −$20.1k | −$8.04 |
| NOI | $30.1k | $12.06 |
2,500 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$430.6K
$376.8K – $502.3K
NOI $30,140 @ 7.0% cap · market cap 6.04%
Second Best
Office B
$263.3K
$230.4K – $307.1K
NOI $18,428 @ 7.0% cap · market cap 3.69%
Theoretical Best
Specialty Retail
$476.4K
$416.8K – $555.8K
NOI $33,346 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,500 SF office suite ideal for owner-users or investors.
Where is this medical office space located?
The property is located at 285 Olmsted Blvd Suite 5 Pinehurst, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Ground‑level suite with **2,500 sq ft of professional space** suitable for owner‑users, medical practitioners, or investors.; Convenient location near Murdocksville Road and Highway 211 West in a growing commercial area.; Functional layout with a **spacious reception area, five private offices**, and a central corridor.
