Medical Office Suite with
For Sale
Contact for pricing
5010 Randall Pkwy, Wilmington, NC 28403
Medical/counseling office for sale with six private offices near UNCW.
Property Size2,808 SF
Price / SF$249.29
Days on Market49
Property Features for 5010 Randall Pkwy
General Information
Standard status
Active
Size
2,808 SF
Property subtype
OFFICE
Listing Agency:
Intracoastal Realty Corporation
(910) 233-1920
Listed By:
Terry Quinn · License #150373
(910) 233-1920
Source:
Moodyscre
Added: Jun 15
Changed: Jul 27
Last Checked: Aug 1 at 2:45PM
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 Intracoastal Realty Corporation
Investment Insights
Based on property information with market context.
This medical/counseling office suite is available for sale and includes six private offices, designed for professional consultations and confidential meetings.
The property is located near UNCW off S College Rd, providing convenient access for clients in the Wilmington area.
With a compact professional configuration centered on private office space, the layout supports counseling and similar medical office uses.
The property is located near UNCW off S College Rd, providing convenient access for clients in the Wilmington area.
With a compact professional configuration centered on private office space, the layout supports counseling and similar medical office uses.
Key Highlights
- Medical/counseling office for sale
- Features 6 private offices
- Located near UNCW off S College Rd
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 | $58.6k | $20.88 |
| − Vacancy | −$11.1k | −$3.95 |
| EGI | $47.5k | $16.93 |
| − OpEx | −$11.9k | −$4.23 |
| NOI | $35.7k | $12.70 |
2,808 SF · lease $20.88/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$509.5K
$445.8K – $594.4K
NOI $35,662 @ 7.0% cap · market cap 5.09%
Second Best
Healthcare Medical
$339.4K
$297.0K – $396.0K
NOI $23,757 @ 7.0% cap · market cap 3.39%
Theoretical Best
Multifamily LT 5
$34.38M
$30.08M – $40.11M
NOI $2,406,762 @ 7.0% cap · market cap 343.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28403, NC
38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
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
- Topsail Animal Hospital — Wilmington, NC 28403, United States
- Petco Vaccination Clinic — 324 College Rd, Wilmington, NC 28403
- Williams Ned DVM — Wilmington, NC 28403
- Hummel Jim DVM — Wilmington, NC 28403
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical/counseling office for sale with six private offices near UNCW.
Where is this medical office space located?
The property is located at 5010 Randall Pkwy Wilmington, NC.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Medical/counseling office for sale; Features 6 private offices; Located near UNCW off S College Rd
