Medical Office
New
For Sale
$898,000
610 State Farm Road 2, Boone, NC 28607
Clinical layout includes treatment rooms, private offices, a waiting area, and a separate meeting room.
Property Size2,339 SF
Price / SF$383.92
Days on Market2
Property Features for 610 State Farm Road 2
General Information
Standard status
Active
Size
2,339 SF
Property subtype
Commercial
Financials
Cap Rate
5.34%
Gross Income
$48,000
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Building Details
Year Built
2004
Tenancy
Single
Owner Occupied
No
Listing Agency:
Boone Real Estate
(828) 964-3499
Listed By:
Robert de Camara
Source:
Lussorealty
Added: Oct 29
Last Checked: Oct 29 at 2:37PM
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 Boone Real Estate
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Investment Insights
Based on property information with market context.
This medical office suite at 610 State Farm Road in Boone is arranged for clinical and administrative use. The main area includes five exam or treatment rooms, two private offices, an additional smaller office, a waiting room, a kitchen, and two restrooms. A separate rear meeting room has its own entrance. The suite also contains a third restroom, an audiology area, a mechanical room, and additional storage. Interior details include bamboo and cork flooring, vaulted tongue-and-groove ceilings in the reception area, recessed lighting, and a granite-topped reception desk.
The property is near Boone’s medical district and hospital. A five-year NNN lease is in place, with four and a half years remaining. The tenant is responsible for real estate taxes, hazard insurance, POA fees, and maintenance. The stated cap rate is 5.34%.
The property is near Boone’s medical district and hospital. A five-year NNN lease is in place, with four and a half years remaining. The tenant is responsible for real estate taxes, hazard insurance, POA fees, and maintenance. The stated cap rate is 5.34%.
Key Highlights
- Five exam or treatment rooms and two private offices
- Separate rear meeting room with its own entrance
- Three restrooms, waiting room, kitchen, audiology area, and storage
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,524
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 28607, NC
35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
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- Appalachian New River Veterinary: Kreis Cathy DVM — 218 Wilson Dr, Boone, NC 28607
Frequently Asked Questions
What type of property is this?
Medical Office Space - Clinical layout includes treatment rooms, private offices, a waiting area, and a separate meeting room.
Where is this medical office space located?
The property is located at 610 State Farm Road 2 Boone, NC.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Five exam or treatment rooms and two private offices; Separate rear meeting room with its own entrance; Three restrooms, waiting room, kitchen, audiology area, and storage
