Medical Office Building with Flexible
4725 Country Club Road, Morehead City, NC 28557
For Sale
$1,175,000
Commercial Sale, Morehead City, NC
Property Size3,800 SF
Lot Size0.96 Acres
Price / SF$302.76
Days on Market189
Property Features for 4725 Country Club Road
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Listing Agency:
eXp Realty
(888) 584-9431
Listed By:
Meredith L Reilly · License NC #158116
(252) 659-2013
Added: May 6
Changed: Oct 30
Last Checked: Nov 10 at 7:06PM
MLS# 100572619
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story medical office property is arranged for professional operations, with a reception area, four to five private offices or treatment rooms, two lab areas, a kitchen and break room, and multiple restrooms on the first floor. The upper level adds two large office suites and a full bathroom. Luxury vinyl plank flooring and fresh interior paint have been added through most of the building. The property was previously used for medical offices and has a brick and wood-frame construction profile, shingle roofing, heat pump and central air systems, and public water service.
The site encompasses 0.96 acres at 4725 Country Club Road in Morehead City, NC. Off-street parking and a parking lot support on-site access, while commercial zoning provides the documented land-use designation.
The site encompasses 0.96 acres at 4725 Country Club Road in Morehead City, NC. Off-street parking and a parking lot support on-site access, while commercial zoning provides the documented land-use designation.
Key Highlights
- 0.96‑acre medical office property at 4725 Country Club Road, Morehead City, NC 28557
- First floor includes 4‑5 private offices or treatment rooms and two lab areas
- Second floor provides two office spaces and a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,078
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,560
$1.2M
Cap Rate 7%
$858,257
$858.3K
Cap Rate 9%
$667,533
$667.5K
Market Conditions
NOI Build-Up for 3,881 SF
Gross rent
$93.1K $24.00/SF
− Vacancy
−$13.0K −$3.36/SF
EGI
$80.1K $20.64/SF
− OpEx
−$20.0K −$5.16/SF
NOI
$60.1K $15.48/SF
Area
Carteret County, NC
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,560
Cap Rate 7%
$858,257
Cap Rate 9%
$667,533
Alternative Uses
Best Use
Office B
$858.3K
$751.0K – $1.00M
NOI $60,078 @ 7.0% cap · market cap 5.11%
Second Best
Healthcare Medical
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,501 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Balanced
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Business Placement
Demographics for 28557, NC
14,910
Population
9,168
Households
1.6
Avg Household Size
50
Median Age
40%
College-Educated
93%
High-School Grad
14.2 sq mi
ZIP Area
1,050
Density / Sq Mi
$67,753
Median Household Income
$38,534
Median Earnings
$1,143
Median Rent
$331,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Morehead Animal Hospital — 176 NC-24, Morehead City, NC 28557
- Mitchell Village Animal Hospital — 5015 Executive Dr, Morehead City, NC 28557
- Godwin Marci S DVM — 5015 Executive Dr, Morehead City, NC 28557
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-level commercial property with private rooms, lab areas, break space, restrooms, and off-street parking.
Where is this medical office space located?
The property is located at 4725 Country Club Road Morehead City, NC.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 0.96‑acre medical office property at 4725 Country Club Road, Morehead City, NC 28557; First floor includes 4‑5 private offices or treatment rooms and two lab areas; Second floor provides two office spaces and a full bathroom
