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Property profile & analytics
OFF-MARKET Estimated value $545,000
Commercial land

160 Turnberry Way Pinehurst, NC 28374-9829

0.91 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US53-5196696
Property summary
AI-generated overview

This exceptional Class A medical office building, situated on a 0.91-acre lot in Pinehurst's Turnberry Wood Business Park, presents a compelling investment opportunity. The property boasts 6,853 square feet across two stories, featuring two units and 32 parking spaces. Currently 100% occupied by two strong medical tenants—Carolina Center for Oral & Facial Surgery (leased in 2022) and Osteo Strong (leased in 2023)—this net-lease investment offers a stable income stream with minimal landlord responsibilities. The building was constructed in 2016 and benefits from a favorable location at the northwest corner of Highway 15-501 and Morganton Road, providing excellent visibility and convenient access to major commercial corridors, schools, residential areas, and Pinehurst's renowned golf courses. The current lease terms are for five years with two five-year renewal options, and include a 3% annual rent bump. The property's Net Operating Income (NOI) is $153,783, resulting in an attractive 6.80% capitalization rate. The asking price is $2,250,000. The property is zoned OS and has a Moore County APN of 857105091757. This investment offers a strong return with significant upside potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.91 ac (39,640 SF)
Zoning code OS
APN 31626
UPID US53-5196696
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
  • Carolinas Center for Oral and Facial Surgery Dental Office
  • Turnberry Wood General Dentistry Dental Office
  • OsteoStrong Pinehurst Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k
Owner & transaction history
Mdk Turnberry LLC · 1 yrs held
Mdk Turnberry LLC
since 2025
4 recorded transactions
2025
$2.1M
2020
Price N/A
2017
Price N/A
2015
$350,000
Zoning & alternative use
OS · Pinehurst, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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