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    1100 Railroad St Eagle River, WI 54521

    Sponsored
    For Sale
    $280,000

    Monroe, NC medical office suites available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This two-story, 16,000 square foot medical office building, located at 1606 East Roosevelt Boulevard, Monroe, NC 28112, presents a prime leasing opportunity. The Class B property, built and renovated in 2007, sits on 2.13 acres and offers 20 suites, with spaces ranging from 800 to 4,000 contiguous square feet available. The building features one elevator and is conveniently located near the intersection of Highway 74 and Highway 601, less than a mile from Atrium Health Union Hospital. Its prominent location ensures high visibility and accessibility, benefiting from significant traffic counts. The property is zoned for General Business (APN: 09156005A, Union County) and offers a versatile layout suitable for various medical practices. This well-maintained neighborhood center provides an excellent opportunity for businesses seeking a high-traffic location with strong visibility and proximity to a major medical facility. Five spaces are currently available.

    Property Features for 1100 Railroad St

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • Two‑story, 16,000 SF medical office building in a high‑traffic area.
    • Excellent visibility at a major intersection.
    • Less than one mile from Atrium Health Union Hospital.
    • Convenient access from Highways 74 and 601.
    • Five suites available, ranging from 800 to 4,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagle River
    County
    Vilas
    State
    Wisconsin
    Longitude
    -89.2569696
    Latitude
    45.928876

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    FAQs

    What type of property is this?
    Land - Monroe, NC medical office suites available
    Where is this land located?
    The property is located at 1100 Railroad St Eagle River, WI.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Two-story, 16,000 SF medical office building in a high-traffic area.; Excellent visibility at a major intersection.; Less than one mile from Atrium Health Union Hospital.
    Request Owner's contact information
    1100 Railroad St Eagle River, WI 54521
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    Eagle River, WI 54521
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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
    1100 Railroad St Eagle River, WI 54521
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