1212 Mccray St, Monroe, NC 28112
This exceptional 0.18-acre medical office property in Monroe, North Carolina, presents a unique investment opportunity. Located at 1212 McCray St, 28112, this property is situated in a high-growth area, zoned for office transitional use, and enjoys proximity to Atrium Health. The existing structure has been completely gutted, offering a blank canvas for renovation or redevelopment to suit a variety of medical uses. This presents a significant advantage for buyers seeking to create a customized space tailored to their specific needs and vision. The property's strategic location near Atrium Hospital in Monroe ensures high visibility and accessibility for patients and staff. This is an excellent chance to establish or expand a medical practice in a thriving community. Note that an adjacent 0.52-acre parcel at 600 Sutherland Ave is also available for purchase, offering the potential for significant expansion. The asking price for this 0.18-acre lot is $149,000, making it a compelling investment in a desirable location with strong growth potential. The property's location within Union County, North Carolina, provides access to a robust healthcare infrastructure and a growing patient base. The existing building's gutted interior allows for complete customization, minimizing renovation costs and maximizing design flexibility. This property is ideal for entrepreneurs and established medical professionals seeking a strategic location for their practice.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.