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Multi-Tenant Medical Office Building
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500 East Parker Road, Morganton, NC 28655

Two-story masonry medical office offers first-floor space configured for two practices and excellent condition.

Property Size8,091 SF
Days on Market121

Property Features for 500 East Parker Road

General Information

Standard status Active
Size 8,091 SF
Property subtype Office

Additional Details

Road Access Yes

Building Details

Stories 2
Construction masonry
Tenancy Multi
Listing Agency: Dewey Property Advisors
Listed By: Scott Raines, CCIM · License #NC 226165
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 1:56PM

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

Investment Insights

Based on property information with market context.

The property is an 8,091-square-foot, two-story masonry medical office building delivered in excellent condition. The building is designed for multi-tenant occupancy, with a first-floor layout structured for two (2) practices.

It is contiguous to Carolinas Healthcare System Blue Ridge–Morganton campus. Access is available along East Parker Road, and additional parcels across the road are also available, with the total lot described as 1.67 acres.

Key Highlights

  • 8,091 SF medical office space in excellent condition in a two‑story masonry building
  • First‑floor layout is structured for two (2) practices
  • Multi‑tenant occupancy design in a two‑story masonry building

Property Analytics

Current Use

John A Spiggle PA Physician Kurad Joseph MD Physician Dr. Edwin Holler Physician Burke Dental Community Health Centre Good Samaritan Clinic Medical Clinic

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Storage Facility Gym & Fitness Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28655, NC

55,328
Population
24,542
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
84%
High-School Grad
325.0 sq mi
ZIP Area
170
Density / Sq Mi
$53,464
Median Household Income
$34,191
Median Earnings
$827
Median Rent
$170,400
Median Home Value

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story masonry medical office offers first-floor space configured for two practices and excellent condition.
Where is this medical office space located?
The property is located at 500 East Parker Road Morganton, NC.
What are key features of this property?
This property features: 8,091 SF medical office space in excellent condition in a two‑story masonry building; First‑floor layout is structured for two (2) practices; Multi‑tenant occupancy design in a two‑story masonry building
(828) 548-0090 Call to check price and availability
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