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Property profile & analytics
OFF-MARKET Estimated value $1,320,000
Medical Office Space

110 Park Ter Eden, NC 27288-5351

8,136 SF 1.63 ac lot Built 1989
Entity Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US53-2355412
Property summary
AI-generated overview

This exceptional commercial property, located at 110 S Park Terrace in Eden, North Carolina, presents a significant investment opportunity. Priced at $1,500,000, the property offers substantial potential for a variety of commercial uses. While the square footage is currently unavailable, the property sits on a zero-acre lot, suggesting a compact and potentially highly efficient layout. The property type is classified as "Other," indicating flexibility in its potential applications. Its central Eden location provides excellent access to local amenities, transportation routes, and a thriving community. The lack of specified square footage necessitates an on-site inspection to fully assess the property's dimensions and internal configuration. Prospective buyers are encouraged to conduct thorough due diligence to determine the suitability of the property for their intended commercial venture. This unique offering presents a chance to acquire a strategically positioned commercial asset in a growing North Carolina market. The absence of detailed property specifications underscores the need for a comprehensive site visit to evaluate the property's full potential and to confirm its suitability for specific business needs. Serious inquiries are welcome. Further information regarding zoning regulations and permitted uses can be obtained through the relevant local authorities. This property is being offered as-is.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Total area 8,136 SF
Lot 1.63 ac (71,003 SF)
Zoning code HWY BUS EDEN
APN 7989-14-33-2031-00
UPID US53-2355412
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
Current use
Occupant on record · Public records
  • Benchmark Orthotics & Prsthrcs Orthotics & Prosthetics Service
  • Dr. Titus Plomaritis Jr, MD Physician
  • Dr. Jonathan Branch Physician
  • Suresh Koneswaran Physician
  • Dr. Samuel Mcdowell Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.48M
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.32M
Owner & transaction history
Over The Rainbow II LLC · 13 yrs held
Over The Rainbow II LLC
since 2012
3 recorded transactions
2012
$600,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
HWY BUS EDEN · Eden, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.6M +77.4%
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