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Medical Office with Courtyard
For Sale
$1,000,000

612 Mccarthy Boulevard, New Bern, NC 28562

Commercial Sale, New Bern, NC

Property Size4,235 SF
Lot Size0.08 Acres
Price / SF$236.13
Days on Market8

Property Features for 612 Mccarthy Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-3
Parking 20
Parking features Driveway, Parking Lot
Subdivision Not In Subdivision
Directions From Dr. MLK Blvd, turn onto McCarthy Blvd, go past Target, and the property will be further on your right-hand side.
Standard status Active
APN 8-212-6 -4001
Size 4,235 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description UNIT B COASTAL ORTHOPAEDICS AND SPINE SURGERY;
Tax Annual Amount 6726
Legal Description UNIT B COASTAL ORTHOPAEDICS AND SPINE SURGERY;

Utilities

Utilities Cable Available
Heating system Electric (Heating), Heat Pump (Heating), Natural Gas
Cooling system Heat Pump

Amenities

interior courtyard
covered drive-through entrance

Building Details

Year built 1999
Flooring type Carpet, Lvt/lvp
Building materials Brick Veneer
Roof type Shingle
Listing Agency: TYSON AND HOOKS
Listed By: CHUCK TYSON · License #23506
Added: Oct 13 Changed: Oct 20 Last Checked: Oct 20 at 4:06PM
MLS# 100609946

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 4,235-square-foot medical office occupies a 0.08-acre site and was built in 1999. The two-level floor plan includes a waiting area, reception room, six offices, four examination rooms, utility space, three storage rooms, and two restrooms on the first floor. Upstairs are two private rooms, two bathrooms, and a large kitchen. An interior courtyard adds outdoor space, while a covered drive-through entrance serves visitors. Furniture and fixtures convey.

Parking is provided in front of and behind the building, with approximately 20 +/- spaces at the front and 15 +/- spaces at the rear. Building features include brick veneer construction, carpet and LVT/LVP flooring, heat-pump cooling, and cable availability. The property is zoned C-3.

Key Highlights

  • 4,235‑square‑foot medical office on a 0.08‑acre site
  • First floor has six offices, four examination rooms, a waiting area, reception, three storage rooms, and two restrooms
  • Upper level includes two private rooms, two bathrooms, and a large kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,641
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,532,820 $1.5M
Cap Rate 7%
$1,094,871 $1.1M
Cap Rate 9%
$851,567 $851.6K
Market Conditions
NOI Build-Up for 4,235 SF
Gross rent
$118.4K $27.96/SF
− Vacancy
−$16.2K −$3.83/SF
EGI
$102.2K $24.13/SF
− OpEx
−$25.5K −$6.03/SF
NOI
$76.6K $18.10/SF
Area
Craven County, NC
Vacancy
13.70%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,532,820
Cap Rate 7%
$1,094,871
Cap Rate 9%
$851,567

Alternative Uses

Best Use
Office B
$1.09M
$958.0K – $1.28M (±1% cap)
NOI $76,641 @ 7.0% cap · market cap 7.66%
Second Best
Healthcare Medical
$818.7K
$716.4K – $955.2K (±1% cap)
NOI $57,310 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,739 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Dr. Alan D. ... Physician Dr. Jeffrey K. ... Physician Coastal Carolina Foot ... Medical Clinic Thomas J. Hagan, ... Physician Patrick S. Carroll, ... Physician

Suggested Use

Top Pick Building Supply Storage Facility HVAC Service Grocery & Convenience Store Electrical Service Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,146
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28562, NC

39,375
Population
18,812
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
93%
High-School Grad
151.7 sq mi
ZIP Area
260
Density / Sq Mi
$74,620
Median Household Income
$40,215
Median Earnings
$1,131
Median Rent
$246,400
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Eastern Equine Associates — 2002 S Glenburnie Rd Suite 3C, New Bern, NC 28562
  • The Pet Hospital Of New Bern — 1804 S Glenburnie Rd, New Bern, NC 28562

Frequently Asked Questions

What type of property is this?
Medical Office Space - A two-level clinical layout includes private offices, examination rooms, a covered patient drop-off, and on-site parking.
Where is this medical office space located?
The property is located at 612 Mccarthy Boulevard New Bern, NC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4,235‑square‑foot medical office on a 0.08‑acre site; First floor has six offices, four examination rooms, a waiting area, reception, three storage rooms, and two restrooms; Upper level includes two private rooms, two bathrooms, and a large kitchen
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