For Sale
$187,250
2902 Central Heights Rd, Goldsboro, NC 27534
639 SF Medical Office Condo Unit B | $40K Down Owner Financing | Goldsboro NC
Property Size639 SF
Lot Size0.40 Acres
Price / SF$293.04
Days on Market51
Property Features for 2902 Central Heights Rd
General Information
Standard status
Active
Property type
Medical Office Space, Office Units, Office Spaces
Size
639 SF
Lot size
0.40 Acres
Building Details
Year Built
1989
Units
1
Listed By:
Tim Ferruzzi
(910) 729-9180
Added: Aug 28
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Investment Insights
Based on property information with market context.
Key Highlights
- Seller financing available — $40,000 down per unit
- Six units offered individually or as a complete building
- 639–927 SF units sized for solo practitioners and small practices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,323
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,460
$166.5K
Cap Rate 7%
$118,900
$118.9K
Cap Rate 9%
$92,478
$92.5K
Market Conditions
NOI Build-Up for 639 SF
Gross rent
$13.8K $21.60/SF
− Vacancy
−$2.7K −$4.23/SF
EGI
$11.1K $17.37/SF
− OpEx
−$2.8K −$4.34/SF
NOI
$8.3K $13.02/SF
Area
Wayne County, NC
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,460
Cap Rate 7%
$118,900
Cap Rate 9%
$92,478
Alternative Uses
Best Use
Healthcare Medical
$363.7K
$318.3K – $424.4K
NOI $25,461 @ 7.0% cap · market cap 13.60%
Second Best
Office B
$118.9K
$104.0K – $138.7K
NOI $8,323 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$513.7K
$449.5K – $599.4K
NOI $35,961 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27534, NC
30,844
Population
15,158
Households
2
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
73.1 sq mi
ZIP Area
422
Density / Sq Mi
$59,950
Median Household Income
$39,686
Median Earnings
$1,106
Median Rent
$187,700
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
Similar Off Market Nearby
- Evans Maria DVM — 2736 Graves Dr, Goldsboro, NC 27534
- Berkeley Veterinary Clinic — 2736 Graves Dr, Goldsboro, NC 27534
- Wilder Osbone DVM — 2736 Graves Dr, Goldsboro, NC 27534
- Stuber Brian DVM — 2736 Graves Dr, Goldsboro, NC 27534
Frequently Asked Questions
What type of property is this?
Medical Office Space - 639 SF Medical Office Condo Unit B | $40K Down Owner Financing | Goldsboro NC
Where is this medical office space located?
The property is located at 2902 Central Heights Rd Goldsboro, NC.
What is the asking price?
The asking price for this property is $187,250.
What are key features of this property?
This property features: Seller financing available — $40,000 down per unit; Six units offered individually or as a complete building; 639–927 SF units sized for solo practitioners and small practices
