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Medical Office Suite with X-Ray Room
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2950 Senna Drive, Matthews, NC 28105

Existing healthcare-oriented improvements include treatment rooms, patient reception, administrative areas, and dedicated parking.

Property Size20,021 SF
Price / SF$2.79
Days on Market52

Property Features for 2950 Senna Drive

General Information

Standard status Active
Size 20,021 SF
Total Parking Spaces 11
Property subtype Office

Site & Location

Neighborhood Wood Hollow

Amenities

Dedicated X-ray room
Two restrooms, one with a shower
Reception and waiting area
Multiple exam/treatment rooms
Administrative and support space
Additional parcels description:, Parcel Number: 19331174, Assessed Value: $473,400, Zoning: B1SCD
Listing ID: CAR4421536, Standard Status: Active, MLS Status: Active, Property Subtype: Office
11 total parking spaces, Other Parking: Designated parking with additional street parking available
Built in 2002, 1 building
County/Parish: Mecklenburg
All Utilities
Road Responsibility: Publicly Maintained Road, Road Surface: Paved

Building Details

Building Size 20,021 SF
Year Built 2002
Listing Agency: MAK Real Estate Ventures Corp.
Listed By: Andrew Kiss
Source: Blackstreaminternational
Added: Sep 3 Changed: Oct 23 Last Checked: Oct 24 at 6:26PM

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 MAK Real Estate Ventures Corp.

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Investment Insights

Based on property information with market context.

Built in 2002, this 2,400-square-foot medical office suite offers an existing healthcare-oriented layout with reception and waiting areas, multiple exam and treatment rooms, administrative and support areas, and a dedicated X-ray room. Two restrooms are included, with one equipped with a shower. A 400-square-foot unfinished area has its own entrance, providing a separate component within the suite.

The property is located at 2950 Senna Drive in Matthews, North Carolina, with access to major Matthews and South Charlotte thoroughfares. On-site parking includes 11 dedicated spaces, with additional street parking also available. The configuration supports medical, wellness, therapy, chiropractic, imaging, dental specialty, behavioral health, and other professional office uses.

Key Highlights

  • 2,400 SF medical office suite with existing healthcare‑oriented buildout
  • 400 SF unfinished area with a separate entrance
  • Dedicated X‑ray room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,426
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,520 $668.5K
Cap Rate 7%
$477,514 $477.5K
Cap Rate 9%
$371,400 $371.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$59.9K $24.96/SF
− Vacancy
−$4.2K −$1.75/SF
EGI
$55.7K $23.21/SF
− OpEx
−$22.3K −$9.29/SF
NOI
$33.4K $13.93/SF
Area
Mecklenburg County, NC
Vacancy
7.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,520
Cap Rate 7%
$477,514
Cap Rate 9%
$371,400

Alternative Uses

Best Use
Office B
$601.3K
$526.1K – $701.5K (±1% cap)
NOI $42,091 @ 7.0% cap · market cap 628.22%
Second Best
Healthcare Medical
$477.5K
$417.8K – $557.1K (±1% cap)
NOI $33,426 @ 7.0% cap · market cap 498.90%
Theoretical Best
Office A
$775.5K
$678.6K – $904.8K (±1% cap)
NOI $54,285 @ 7.0% cap · market cap 810.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Foot & Ankle of the Carolinas ... Physician Dr. Eric Ward, ... Physician Dr. Blaise Woeste, ... Physician

Suggested Use

Top Pick Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Florist

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

618
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28105, NC

44,085
Population
17,906
Households
2.5
Avg Household Size
41
Median Age
52%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
1,900
Density / Sq Mi
$104,242
Median Household Income
$52,175
Median Earnings
$1,663
Median Rent
$389,100
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

  • Animal Care Hospital of Matthews — 1216 Matthews-Mint Hill Rd, Matthews, NC 28105
  • NewDay Veterinary Care — 10714 Independence Pointe Pkwy, Matthews, NC 28105
  • UrgentVet — 1915 Matthews Township Pkwy #1200, Matthews, NC 28105

Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing healthcare-oriented improvements include treatment rooms, patient reception, administrative areas, and dedicated parking.
Where is this medical office space located?
The property is located at 2950 Senna Drive Matthews, NC.
What are key features of this property?
This property features: 2,400 SF medical office suite with existing healthcare‑oriented buildout; 400 SF unfinished area with a separate entrance; Dedicated X‑ray room
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