Remodeled Medical Office
For Sale
Contact for pricing
3051-3057 S Church St, Burlington, NC 27215
Completely remodeled dermatology office condo with new flooring and light fixtures, plus plentiful on-site parking.
Property Size2,088 SF
Price / SF$150.86
Days on Market137
Property Features for 3051-3057 S Church St
General Information
Standard status
Active
Size
2,088 SF
Property subtype
OFFICE
Additional Details
HOA Fee
$1,566
Listing Agency:
NAI Piedmont Triad
(336) 214-1799
Listed By:
Bob Lewis, CCIM, SIOR
(336) 214-1799
Source:
Moodyscre
Added: Mar 17
Changed: Jul 30
Last Checked: Jul 30 at 3:08AM
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 NAI Piedmont Triad
Investment Insights
Based on property information with market context.
Completely remodeled medical office condominium currently used as a dermatological office. The unit includes new flooring and new light fixtures, supporting a clean, updated layout for medical users. With 2,088 square feet, the space is well-suited for continued specialty practice use, and it also offers potential for a medical office or dental practice.
The property is located at 3051-3057 S Church St in Burlington, NC, with easy access off South Church/Edgewood. Plentiful parking on site helps support patient and client access. An HOA is in place and is billed quarterly.
The property is located at 3051-3057 S Church St in Burlington, NC, with easy access off South Church/Edgewood. Plentiful parking on site helps support patient and client access. An HOA is in place and is billed quarterly.
Key Highlights
- 3051‑3057 S Church St, Burlington, NC 27215
- Completely remodeled medical office condominium with new flooring and new light fixtures
- Current use: dermatological office
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 | $27.3k | $13.08 |
| − Vacancy | −$4.2k | −$2.03 |
| EGI | $23.1k | $11.05 |
| − OpEx | −$9.2k | −$4.42 |
| NOI | $13.8k | $6.63 |
2,088 SF · lease $13.08/SF/yr · vacancy 15.52% · expense 40.00%
Alternative Uses
Best Use
Office B
$579.2K
$506.8K – $675.7K
NOI $40,544 @ 7.0% cap · market cap 12.87%
Second Best
Healthcare Medical
$197.8K
$173.0K – $230.7K
NOI $13,843 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$688.4K
$602.4K – $803.1K
NOI $48,188 @ 7.0% cap · market cap 15.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27215, NC
44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Westbrook Animal Hospital — 3355 S Church St, Burlington, NC 27215
- All Paws Pet Emergency Hospital — 3317 S Church St, Burlington, NC 27215
- PetVet Wellness Center — 3129 Garden Rd, Burlington, NC 27215
- Town 'N' Country Animal Hospital on Forestdale — 3496 Forestdale Dr, Burlington, NC 27215
- All Paw Pets Emergency Hospital: Anthony Sharon DVM — 3317 S Church St, Elon, NC 27244
Frequently Asked Questions
What type of property is this?
Medical Office Space - Completely remodeled dermatology office condo with new flooring and light fixtures, plus plentiful on-site parking.
Where is this medical office space located?
The property is located at 3051-3057 S Church St Burlington, NC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 3051‑3057 S Church St, Burlington, NC 27215; Completely remodeled medical office condominium with new flooring and new light fixtures; Current use: dermatological office
