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    FOR LEASE
    Office buildings

    106 York Way, Bermuda Run, NC 27006

    15,972 SF 0.63 ac lot Built 2001
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-1379325
    Property summary
    AI-generated overview

    This exceptional 1,918-square-foot medical/traditional office building is located at 106 York Way in Advance, North Carolina, within the desirable Kinderton Business Park in Davie County. Built in 2001, this two-story freestanding building boasts a charming Southern-inspired design. The property features a welcoming open-air courtyard and private balcony access for tenants, complemented by lush, well-maintained landscaping. The interior has recently undergone renovations, ensuring a modern and updated space. Its convenient location offers easy access to numerous amenities and healthcare facilities. Less than a mile from the Bermuda Run Country Club and Tanglewood Park, the property is also within walking distance of WinMock at Kinderton, a renowned event venue spanning approximately 16,177 square feet on 3 acres. The surrounding area is rich with healthcare providers, including Davie Medical Center, Novant Health Davie Campus, and Wake Forest University Medical Center, along with other medical offices situated within Kinderton Business Park. The property's zip code is 27006. This single-tenant building presents a unique opportunity for a medical practice or office user seeking a well-maintained and conveniently located space in a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Construction STEEL FRAME
    Total area 15,972 SF
    Lot 0.63 ac (27,443 SF)
    Zoning code CSS
    APN C900000001
    UPID US53-1379325
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $730k
    Owner & transaction history
    York Way LLC · 3 yrs held
    York Way LLC
    since 2022
    4 recorded transactions
    2022
    2021
    $1.4M
    2004
    $1.6M
    1996
    Zoning & alternative use
    CSS · Bermuda Run, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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