Asheville Medical Office For
For Sale
$2,200,000
6 Brooklet St, Asheville, NC 28801
Turnkey medical office space near major healthcare facilities.
Property Size5,021 SF
Price / SF$438.16
Days on Market195
Property Features for 6 Brooklet St
General Information
Standard status
Active
Size
5,021 SF
Building Details
Year Built
1989
Listing Agency:
Likewise Commercial Real Estate
Listed By:
Abigail Farrow · License #302812
(828) 222-3685
Source:
Lewisandkirk
Added: Mar 27
Changed: Sep 25
Last Checked: Oct 5 at 8:00PM
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 Likewise Commercial Real Estate
Investment Insights
Based on property information with market context.
This approximately 4,928 square foot medical office building presents an investment or owner-user opportunity. The property features ample on-site parking and a functional, well-appointed layout. Zoned INST (Institutional), the property is suitable for a variety of medical and related institutional uses. The location provides convenient access to Mission Hospital, AdventHealth Asheville, and other major healthcare facilities via I-40 and I-26. Square footage is taken from property card records. Interior images for the upper-level unit are upcoming.
Key Highlights
- ±4,928 SF medical office space ideal for investment or owner‑user.
- Highly accessible location just off Biltmore Ave, near I‑40 and I‑26.
- Zoned INST (Institutional), suitable for a variety of medical and related uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,156
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,863,120
$1.9M
Cap Rate 7%
$1,330,800
$1.3M
Cap Rate 9%
$1,035,067
$1.0M
Market Conditions
NOI Build-Up for 5,021 SF
Gross rent
$127.1K $25.32/SF
− Vacancy
−$2.9K −$0.58/SF
EGI
$124.2K $24.74/SF
− OpEx
−$31.1K −$6.18/SF
NOI
$93.2K $18.55/SF
Area
Buncombe County, NC
Vacancy
2.30%
Lease Rate
$25.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,863,120
Cap Rate 7%
$1,330,800
Cap Rate 9%
$1,035,067
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $93,156 @ 7.0% cap · market cap 4.23%
Second Best
Healthcare Medical
$1.19M
$1.04M – $1.39M
NOI $83,355 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,139 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,333
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28801, NC
15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey medical office space near major healthcare facilities.
Where is this medical office space located?
The property is located at 6 Brooklet St Asheville, NC.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: ±4,928 SF medical office space ideal for investment or owner‑user.; Highly accessible location just off Biltmore Ave, near I‑40 and I‑26.; Zoned INST (Institutional), suitable for a variety of medical and related uses.
