Property profile

118 Hospital St Mocksville, NC 27028

OFF-MARKET
Medical Office Space
Property ID
US53-1843157
1,760 SF 0.32 ac lot Built 1978
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,700-square-foot medical office building is ideally situated at 118 Hospital Street in Mocksville, North Carolina, within a mile of the town's vibrant downtown area. Built in 1978, this single-story building sits on a 0.32-acre lot and is currently vacant, presenting a unique opportunity for immediate occupancy. The property boasts 15 convenient surface parking spaces, ensuring ample parking for patients and staff. Currently furnished for a dental practice, the space is well-maintained and attractively landscaped, offering a turnkey solution for a variety of medical or professional uses. The building's zoning designation is NC (Neighborhood Center), allowing for mixed-use development, further enhancing its versatility. The property's APN is 5738-56-0035, located in Davie County, NC, zip code 27028. This property is an excellent investment for medical professionals, businesses seeking office space, or retail entrepreneurs looking for a high-visibility location. The single-tenant occupancy allows for complete control and customization of the space. The property's location and flexible zoning make it a highly desirable asset in a growing community. This is a rare opportunity to acquire a well-maintained, ready-to-occupy building in a prime location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Construction WOOD
Total area 1,760 SF
Lot 0.32 ac (13,939 SF)
Zoning code NC
APN I4110C0007
UPID US53-1843157

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
  • Dental Office
  • Dental Office

Location

118 Hospital St Mocksville, NC 27028-2008
Mocksville metro Census 80600 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2016
1 recorded transaction
2016
$160,000

Zoning & alternative use

NC · Mocksville, NC
Zoning description

NC & NC-CD Neighborhood Center Mixed Use TC & TC-CD Town Center Mixed Use TND & TND-CD Traditional Neighborhood Development Mixed Use CI & CI-CD Campus Institutional Mixed Use HC & HC-CD Highway Commercial Commercial CB…

General category CIVIC_INSTITUTIONAL

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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