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    Medical Office in Brevard, NC Title is generated by Realmo AI

    377 Gallimore Rd, Brevard, NC 28712

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    15,333 SF medical office building for sale.

    Type:Office
    Property size:
    15,333 SF
    Price / SF:
    $215/SF
    Added:
    Mar 26, 2026
    Days on Market:
    103
    Last Refresh:
    May 12 at 8:55 pm

    Property Features for 377 Gallimore Rd

    General Information

    Standard status
    Active
    Size
    15,333 SF
    Property subtype
    Office

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    Austin Tyler
    Austin Tyler

    Listing office Dewey Property Advisors

    Listing date Mar 26, 2026

    Source Crexi

    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 Dewey Property Advisors

    HighLights

    • 15,333 SF Medical Office Space
    • Features 24 Exam Rooms
    • Abundant Handicap Accessible Patient Parking with Covered Portico
    • Centrally Located in a Residentially Dense Area
    • Well‑Maintained Building
    • Dedicated Staff Parking Area

    Overview

    This 15,333 square foot medical office building is available for purchase in Brevard, North Carolina. The well-maintained building features an expansive waiting room, 24 exam rooms, a lab, nurses station, several private offices, storage rooms, restrooms, and a break room. It is centrally located in a residentially dense area, making it suitable for a high-traffic medical practice such as a pediatrician or family medical practice. The property includes abundant handicap-accessible patient parking in the front with a covered portico, and a staff parking area in the rear.

    Local Financial Insights For Office B

    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 $368.0k $24.00
    − Vacancy −$51.9k −$3.38
    EGI $316.1k $20.62
    − OpEx −$79.0k −$5.15
    NOI $237.1k $15.46
    15,333 SF · lease $24.00/SF/yr · vacancy 14.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.39M
    $2.96M – $3.95M (±1% cap)
    NOI $237,079 @ 7.0% cap · market cap 7.18%
    Second Best
    Healthcare Medical
    $2.77M
    $2.42M – $3.23M (±1% cap)
    NOI $193,748 @ 7.0% cap · market cap 5.87%
    Theoretical Best
    Office A
    $4.52M
    $3.95M – $5.27M (±1% cap)
    NOI $316,105 @ 7.0% cap · market cap 9.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Associates: La ... Physician Dr. Marshall S. ... Pediatrician Alexandra Chatterton Physician Benton III George ... Physician Dr. Morris L. ... Pediatrician

    Suggested Use

    HVAC Service Big Box & Wholesale Store Building Supply Electronics & Wireless Store Parking Lot & Garage Storage Facility Clothing & Fashion Store Car Rental Facility Cosmetic Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Brevard Animal Hospital — 589 N Country Club Rd, Brevard, NC 28712

    Location Insight

    • Map
    • Local Demand
    City
    Brevard
    County
    Transylvania
    State
    North Carolina
    Longitude
    -82.732405
    Latitude
    35.219126

    FAQs

    What type of property is this?
    Medical Office Space - 15,333 SF medical office building for sale.
    Where is this medical office space located?
    The property is located at 377 Gallimore Rd Brevard, NC.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: 15,333 SF Medical Office Space; Features **24 Exam Rooms**; **Abundant Handicap Accessible Patient Parking** with Covered Portico
    (828) 548-0090 Call to check price and availability
    More about this property
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