Turnkey Leased Medical Office
For Sale
$110,000
Pending
562 Valley Rd Unit 107, Mocksville, NC 27028
Medical office condominium with HC zoning and existing tenant occupancy in a multi-tenant center with ample parking.
Property Size850 SF
Days on Market164
Property Features for 562 Valley Rd Unit 107
General Information
Standard status
Pending
Size
850 SF
Property subtype
Commercial
Zoning
HC
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
eXp Realty
Listed By:
Matthew Millaway · License #306213
(336) 317-4502
Source:
Searchhomesinthetriad
Added: May 23
Changed: Nov 1
Last Checked: Nov 1 at 5:57AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This offering is a medical office condominium unit presented as a turnkey, leased asset. The property is located at 562 Valley Rd, Suite 107, within a well-maintained multi-tenant commercial center. The unit is zoned HC (Highway Commercial) and is currently leased to Beltone, a long-established tenant that has occupied the space for approximately 8–9 years.
The space benefits from its placement on a high-visibility commercial corridor with strong visibility and convenient access to nearby retail, medical, and service businesses. The center includes ample parking, supporting easy arrival for both staff and patients.
For investors or owner-operators seeking a commercially zoned office/medical setup with an in-place tenant, this unit offers an occupied configuration within a shared commercial environment. The combination of HC zoning, established tenancy, and the multi-tenant center’s parking and access characteristics may align well with buyers looking for a leased medical office condo rather than a vacant redevelopment.
The space benefits from its placement on a high-visibility commercial corridor with strong visibility and convenient access to nearby retail, medical, and service businesses. The center includes ample parking, supporting easy arrival for both staff and patients.
For investors or owner-operators seeking a commercially zoned office/medical setup with an in-place tenant, this unit offers an occupied configuration within a shared commercial environment. The combination of HC zoning, established tenancy, and the multi-tenant center’s parking and access characteristics may align well with buyers looking for a leased medical office condo rather than a vacant redevelopment.
Key Highlights
- Commercial condo unit at 562 Valley Rd, Suite 107 in a multi‑tenant commercial center.
- Zoned HC (Highway Commercial).
- Currently leased by Beltone, with tenant occupancy of approximately 8–9 years.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,156
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,120
$183.1K
Cap Rate 7%
$130,800
$130.8K
Cap Rate 9%
$101,733
$101.7K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$17.3K $20.40/SF
− Vacancy
−$2.1K −$2.45/SF
EGI
$15.3K $17.95/SF
− OpEx
−$6.1K −$7.18/SF
NOI
$9.2K $10.77/SF
Area
Davie County, NC
Vacancy
12.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,120
Cap Rate 7%
$130,800
Cap Rate 9%
$101,733
Alternative Uses
Best Use
Healthcare Medical
$130.8K
$114.5K – $152.6K
NOI $9,156 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$10.11M
$8.85M – $11.80M
NOI $707,813 @ 7.0% cap · market cap 643.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27028, NC
26,479
Population
11,096
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
88%
High-School Grad
192.8 sq mi
ZIP Area
137
Density / Sq Mi
$66,166
Median Household Income
$39,858
Median Earnings
$837
Median Rent
$198,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condominium with HC zoning and existing tenant occupancy in a multi-tenant center with ample parking.
Where is this medical office space located?
The property is located at 562 Valley Rd Unit 107 Mocksville, NC.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Commercial condo unit at 562 Valley Rd, Suite 107 in a multi‑tenant commercial center.; Zoned HC (Highway Commercial).; Currently leased by Beltone, with tenant occupancy of approximately 8–9 years.
