Medical Office Space with
609 Jefferson Street, Whiteville, NC 28472
For Sale
$255,000
Commercial Sale, Whiteville, NC
Property Size1,932 SF
Lot Size0.43 Acres
Price / SF$131.99
Days on Market225
Property Features for 609 Jefferson Street
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Water source
Building Details
Year built
Roof type
Listing Agency:
Hilton Auction & Realty Inc-Whiteville
(910) 207-6053
Listed By:
Mary G Wheatley · License NC #325043
(910) 770-5103
Added: Mar 30
Changed: Oct 20
Last Checked: Nov 9 at 11:06PM
MLS# 100563684
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 1,932-square-foot medical office property occupies 0.43 acres and offers a layout centered on a lobby with multiple separate rooms. The interior can accommodate exam rooms, private offices, or other professional workspace, as supported by the existing configuration. A parking lot provides on-site parking for staff and visitors. The property was built in 1963 and includes electric heating, a shingle roof, and public water service. Located at 609 Jefferson Street in Whiteville, North Carolina, the property is zoned O and I and is positioned for medical, office, or service-based business use.
Key Highlights
- 1,932‑square‑foot medical office property on 0.43 acres
- Lobby plus multiple rooms for exam rooms, offices, or flexible workspace
- On‑site parking lot for staff and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,783
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,660
$455.7K
Cap Rate 7%
$325,471
$325.5K
Cap Rate 9%
$253,144
$253.1K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$42.4K $21.96/SF
− Vacancy
−$4.5K −$2.31/SF
EGI
$38.0K $19.65/SF
− OpEx
−$15.2K −$7.86/SF
NOI
$22.8K $11.79/SF
Area
Columbus County, NC
Vacancy
10.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,660
Cap Rate 7%
$325,471
Cap Rate 9%
$253,144
Alternative Uses
Best Use
Office B
$346.1K
$302.8K – $403.8K
NOI $24,225 @ 7.0% cap · market cap 9.50%
Second Best
Healthcare Medical
$325.5K
$284.8K – $379.7K
NOI $22,783 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$468.7K
$410.1K – $546.8K
NOI $32,806 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 28472, NC
17,308
Population
8,073
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
91%
High-School Grad
197.9 sq mi
ZIP Area
87
Density / Sq Mi
$48,963
Median Household Income
$36,535
Median Earnings
$788
Median Rent
$141,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Lobby, multiple rooms, on-site parking, public water, and O and I zoning support a practical professional-service layout.
Where is this medical office space located?
The property is located at 609 Jefferson Street Whiteville, NC.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 1,932‑square‑foot medical office property on 0.43 acres; Lobby plus multiple rooms for exam rooms, offices, or flexible workspace; On‑site parking lot for staff and visitors
