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    OFF-MARKET
    Medical Office Space

    1408 Greenway Ct, Sanford, NC 27330-6953

    6,240 SF 0.84 ac lot Built 2007
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-2323406
    Property summary
    AI-generated overview

    This exceptional freestanding medical office building, located at 1408 Greenway Ct in Sanford, NC, presents a unique investment opportunity. The 6,240 square foot, single-story building sits on a 0.95-acre lot and boasts ample surface parking. Constructed in 2007, the property is zoned OI and features a well-designed layout including several private offices, a conference room, and a breakroom. Its strategic location within Pine Ridge Office Park offers easy access to Highway 421, providing convenient commutes to Lillington and the greater Triangle area (Raleigh, Durham). The building is less than five minutes from historic downtown Sanford, known for its vibrant culinary scene, breweries, unique shops, and lively events. The asking price is $1,500,000, translating to $240.38 per square foot. The property's Property Identification Number (PIN) is 9643-78-0840-00. This property is ideal for a variety of uses and offers a compelling combination of location, size, and amenities. A lease option is also available at $20.00 per square foot.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2007
    Total area 6,240 SF
    Lot 0.84 ac (36,590 SF)
    Zoning code OFFICE & INSTITUTIONAL
    APN 9643-78-0840-00
    UPID US53-2323406
    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
    • Martha Mullins Physician
    • Jessica Garner Physician
    • Jason Osborne Physician
    • Performance Rehabilitation Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Wake Forest Retina Real Estate LLC · 1 yrs held
    Wake Forest Retina Real Estate LLC
    since 2025
    Last sale
    $1.3M
    7 recorded transactions
    2025
    $1.3M
    2025
    2024
    2020
    2019
    2018
    2007
    $85,000
    Zoning & alternative use
    OFFICE & INSTITUTIONAL · Sanford, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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