Property summary
This exceptional 4,902 square foot medical office building, constructed in 2007 and renovated in 2012, presents a compelling investment opportunity in Raleigh, NC. Located at 3840 Ed Dr, 27612, this property boasts convenient access to major thoroughfares, including I-40 and I-440, ensuring effortless commutes for both staff and patients. Its prime location offers close proximity to Rex Hospital, Durham, the Research Triangle Park (RTP), and Raleigh-Durham International Airport (RDU), maximizing visibility and accessibility. The interior layout is thoughtfully designed to accommodate a variety of medical practices, featuring private medical offices, examination rooms, and a comfortable waiting area. Additional space includes a dedicated storage/workroom area. The property includes first-come, first-served parking at a ratio of 3.7 spaces per 1,000 square feet. Further enhancing its appeal, the building is within walking distance of local restaurants and amenities. The property features an ADA-compliant shower. The purchase price is $1,750,000. Existing furniture and equipment are available for separate purchase. Note that water/sewer, roof maintenance, property insurance, and parking lot maintenance are covered by the Property Owners Association (POA) dues.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Loan Service Bank
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Real Estate Agency
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Pediatrician Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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