Property profile

1150 Broome St Waxhaw, NC 28173

OFF-MARKET
Medical Office Space
Property ID
US53-1135817
6,534 SF 0.18 ac lot Built 1996
Trust Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6,643 square foot medical office building in Waxhaw, North Carolina, presents a unique investment opportunity. Currently occupied by the Town of Waxhaw as a single tenant, the property will become available mid-2024, offering 6,628 square feet of vacant space. Situated at 1150 N Broome St, Waxhaw, NC 28173, in Union County, this building is ideally located for medical practices seeking a prominent presence in a thriving community. The property's single-tenant history speaks to its desirability and inherent strength. The building's size and layout are well-suited for a variety of medical uses, offering ample space for examination rooms, administrative offices, and support areas. Prospective tenants will appreciate the convenience of its location and the opportunity to establish a successful practice in a rapidly growing area. The building's availability mid-2024 provides ample time for planning and preparation. Contact us today to discuss pricing and explore the possibilities of this exceptional medical office space. This is a rare opportunity to secure a high-quality, well-located medical office building in a desirable market. Detailed specifications and lease terms are available upon request.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction WOOD
Total area 6,534 SF
Lot 0.18 ac (7,676 SF)
Zoning code C-3 WAXHAW
APN 06-141-044 03
UPID US53-1135817

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • City Hall
  • Physician
  • Association / Organization
  • City Tax Office

Location

1150 Broome St Waxhaw, NC 28173-9378
Waxhaw metro Census 21013 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

C-3 WAXHAW · Waxhaw, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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