00 Smyre Farm Rd, Newton, NC 28658
This exceptional 16,500 square foot medical office building, constructed in 1996, presents a unique investment opportunity. Located on the highly visible and heavily trafficked East Morland Boulevard, this single-story building boasts excellent visibility and accessibility. The property features a total of 59 parking spaces, ensuring ample convenience for patients and staff. A single elevator serves the building. Currently, 2,864 square feet of space is available for lease, ideal for a variety of medical practices or related businesses. The building is zoned B-3, allowing for a range of uses. Its strategic location places it amongst established businesses such as Waterstone Bank, AT&T, and Starbucks, creating a strong synergy and high foot traffic. The property's APN is BKFT-1130-018-001. This is a multi-tenant building offering a blend of established tenants and immediate expansion potential. The available space provides a chance to establish or expand a medical practice in a thriving commercial area. The property's prime location and existing infrastructure make it an attractive proposition for businesses seeking high visibility and convenient access. Don't miss this opportunity to secure a space in this desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.