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    308 Centerview St China Grove, NC 28023

    Sponsored
    For Sale
    $5,000,000

    19,576 SF Medical Office, $5M

    Property size:
    19,576 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19,576-square-foot medical office building, located at 308 E Centerview St in China Grove, North Carolina (zip code 28023), presents a unique investment opportunity. Built in 1996, this single-story, Class B building sits on a 3.16-acre lot and features 75 parking spaces. The property is zoned O-I and boasts a full brick veneer exterior. The interior is tastefully designed and offers a highly functional layout, easily adaptable to accommodate multiple medical practices. The expansive reception area presents a significant opportunity for expansion or repurposing as an event space. The seller has owned the property for less than a year. This former Novant Regional Medical Center offers significant potential for a variety of uses. The building's size and layout allow for the possibility of dividing the space into two or three separate practice areas, providing flexibility for future tenants or owners. The property's convenient location in Rowan County, North Carolina, offers easy access to major transportation routes and a thriving community. The asking price for this institutional-grade investment is $5,000,000. The Assessor's Parcel Number (APN) is 103002. This is a rare opportunity to acquire a well-maintained, versatile medical office building in a desirable location.

    Property Features for 308 Centerview St

    General Information

    Property type
    Medical offices
    Square Feet
    19,576 SF
    Class
    B
    Lot Size
    137,650 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1

    HighLights

    • $5,000,000 asking price for a 19,576 SF medical office building.
    • Class B, single‑story building constructed in 1996 on a 3.16‑acre lot in China Grove, NC.
    • 75 parking spaces and O‑I zoning.
    • Located at 308 E Centerview St, China Grove, NC 28023.
    • Seller owned for less than one year; broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Purcell Kim P Nursing Agency Dr. Cheryl T. ... Family Practice Physician Alexander Waite Family Practice Physician Alexander Manson Waite Family Practice Physician Paige Carpenetti Physician Assistant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    China Grove
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.5796858
    Latitude
    35.5690273

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    FAQs

    What type of property is this?
    Medical office - 19,576 SF Medical Office, $5M
    Where is this medical office located?
    The property is located at 308 Centerview St China Grove, NC.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: $5,000,000 asking price for a 19,576 SF medical office building.; Class B, single-story building constructed in 1996 on a 3.16-acre lot in China Grove, NC.; 75 parking spaces and O-I zoning.
    Request Owner's contact information
    308 Centerview St China Grove, NC 28023
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    China Grove, NC 28023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Centerview St China Grove, NC 28023
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