Property summary
This exceptional Class A medical office building, located at 102 Northside Park in Elizabeth City, North Carolina, presents a unique investment opportunity. Boasting 8,974 square feet on a 1.654-acre lot, this 2011-constructed building is zoned C-1 and offers ample parking with 62 spaces (a 7.5 per 1000 sq ft ratio). The property features a comprehensive layout ideal for medical practices, including three operating/procedure rooms, five exam rooms, six patient rooms, two physician offices, two reception/waiting areas, two nurses' stations, a physician's office, a manager's office, a kitchen, a laundry/medical waste room, a clean storage room, and a covered entrance with a convenient drop-off area. The building is equipped with a building-wide music system, three-phase electric, and 10-foot ceilings. A newer Trane HVAC system ensures efficient climate control. Its strategic location provides easy access to Sentara Albemarle Medical Center, East Carolina University, the downtown district, and Elizabeth City Regional Airport, making it an attractive option for both medical professionals and investors. The asking price is $749,000, translating to $83.46 per square foot. This property offers a compelling combination of functionality, location, and modern amenities.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Elizabeth City, NCZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-1 in Elizabeth City, NC.
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