Property profile

15 Rosman Hwy Brevard, NC 28712

FOR SALE
Medical Office Space
Property ID
US53-3102234
1,749 SF 0.45 ac lot Built 1979
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,795 square foot commercial building is situated on a 0.45-acre lot at a high-visibility corner location in Brevard, North Carolina. The property boasts a desirable brick exterior requiring minimal maintenance, situated at the intersection of US Highway 64, Rosman Highway, and North Country Club Road, ensuring excellent exposure and accessibility. The interior layout is highly adaptable, currently featuring two reception areas, multiple entrances for convenient client access, several individual office spaces perfect for a variety of business needs, and ample storage rooms for efficient operations. Two bathrooms provide added convenience, allowing for potential dual occupancy or separate use areas. The building's current configuration lends itself to a wide range of commercial uses, including but not limited to property management, accounting, insurance, private consultations, or a medical clinic. This is a rare opportunity to acquire a well-maintained commercial property in a thriving downtown Brevard location, offering significant potential for growth and success. The property's strategic location and versatile interior make it an ideal investment for entrepreneurs and established businesses alike. The asking price is $599,000.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1979
Total area 1,749 SF
Lot 0.45 ac (19,602 SF)
Zoning code C4
APN 8585-48-0108-000
UPID US53-3102234

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
  • Hardware & Home Improvement
  • Home Health Care Service

Location

15 Rosman Hwy Brevard, NC 28712
Brevard metro Census 960302 BREVARD, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2021
Last sale
$275,000
2 recorded transactions
2021
$275,000
2021
Price N/A

Zoning & alternative use

C4 · Brevard, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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