Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Condo Near Hospital Title is generated by Realmo AI

    403 Gilead Road, Huntersville, NC 28078

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Well-appointed medical office condo near Novant Health Huntersville Medical Center.

    Added:
    Jun 1, 2025
    Days on Market:
    355
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 403 Gilead Road

    General Information

    Standard status
    Active

    Building Details

    Year Built
    2005

    We can help!

    Listing Contact
    MICHAEL MORGAN

    Listing agent MICHAEL MORGAN License #219912

    Listing office RE/MAX EXECUTIVE

    Listing date Jun 1, 2025

    Source Corcoran

    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 RE/MAX EXECUTIVE

    HighLights

    • Prime location minutes from Novant Health Huntersville Medical Center.
    • Versatile layout with Suites B & C, ideal for various healthcare uses or other business types.
    • Suite C is equipped as a fully functional surgical/procedure room.
    • Suite B features a professional reception area, multiple private offices, and exam rooms with sinks.
    • Includes practical amenities: two restrooms, laundry room, ample storage, and kitchen/staff break area.
    • Built in 2005, offering a relatively modern space with easy reconfiguration potential.

    Overview

    Located at 403 Gilead Road in Huntersville, North Carolina, this privately owned medical office condo offers an exceptional opportunity for healthcare providers. The property includes Suites B and C, providing a versatile layout suitable for a range of healthcare uses. Suite B features a professional reception area with a lobby, multiple private offices, exam rooms equipped with supply cabinets and sinks, two restrooms, a laundry room, ample storage, and a kitchen/staff break area. Suite C, situated across the hall, is currently configured as a fully equipped surgical/procedure room, enhancing its value for specialized practices. This configuration offers flexibility, privacy, and proximity to a major hospital hub. The space is easily reconfigurable and could be utilized by various businesses seeking a prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lynette Gilley - Private ... Financial Advisor A Surface Co. Renovation Specialist CBT Counseling Centers ... Crisis Center Dr. Tyler Wurmlinger Dental Office Dash Home Loans Loan Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • PetMedic Urgent Care Vet Clinic — 9826 Gilead Rd Suite C-105, Huntersville, NC 28078
    • Powers Veterinary Hospital — 13015 Rosedale Hill Ave #14b, Huntersville, NC 28078
    • Knine Transport LLC — 9911 rose commons dr e-5018, huntersville, nc 28078
    • Petfolk Veterinary & Urgent Care - Huntersville — 14227 Boren St, Huntersville, NC 28078
    • UrgentVet — 504 Gilead Rd Suite F3, Huntersville, NC 28078

    Location Insight

    • Map
    • Local Demand
    City
    Huntersville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.851
    Latitude
    35.4101

    Nearby Similar for Sale

    • $459,999

      Huntersville Bungalow with Rental Potential

      Reimagined bungalow on a lush lot with income potential.
      213 Hillcrest Drive, Huntersville, NC 28078
      View Details
    • $995,000

      Huntersville Land with Vineyard/Fruit Trees

      Spacious Huntersville home on 4.8 acres with vineyard/fruit trees.
      9825 Hagers Road, Huntersville, NC 28078
      View Details
    • $435,000
      1,596 SF

      New Huntersville Townhome, Move-In Ready

      New construction townhome walkable to downtown Huntersville, move-in ready.
      266 Gilead Road, Huntersville, NC 28078
      View Details
    • $4,250,000
      10,237 SF

      Huntersville Mixed-Use Opportunity

      Mixed-use property in Huntersville's Northcross submarket, suitable for various uses.
      16701 Northcross Dr, Huntersville, NC 28078
      View Details
    • $5,504,000
      11,862 SF

      Huntersville Retail Space For Sale

      Retail space in high-growth area with strong performance.
      12830 Eastfield Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Huntersville Church and Land Available

      Church and 16 acres available in Huntersville, North Carolina.
      10600 Asbury Chapel Rd, Huntersville, NC
      View Details
    • $699,000
      2,700 SF

      Huntersville Medical Office Near I-77

      Medical office building with ample parking and natural light.
      403 Gilead Rd, Huntersville, NC
      View Details
    • Contact for pricing

      Huntersville Commercial Property for Sale

      Commercial property in Huntersville, NC with transportation access.
      13601 Reese Blvd E, Huntersville, NC 28078
      View Details
    • $699,000
      1,634 SF

      Huntersville Office Condo For Sale

      Office condo with open layout and convenient highway access.
      403 Gilead Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Retail Property For Sale

      Retail property available for sale in Huntersville, North Carolina.
      16265 Statesville Rd, Huntersville, NC
      View Details
    • $3,900,000

      Huntersville Specialty Property For Sale

      Specialty property available for purchase in Huntersville, North Carolina.
      12340 Mt Holly Huntersville Rd, Huntersville, NC
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Well-appointed medical office condo near Novant Health Huntersville Medical Center.
    Where is this medical office space located?
    The property is located at 403 Gilead Road Huntersville, NC.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Prime location minutes from Novant Health Huntersville Medical Center.; Versatile layout with Suites B & C, ideal for various healthcare uses or other business types.; Suite C is equipped as a **fully functional surgical/procedure room**.
    (704) 224-6941
    We can help!
    Listing Contact
    MICHAEL MORGAN
    Real Estate License ID: 219912
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    403 Gilead Road, Huntersville, NC 28078
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!