1922 K M Wicker Memorial Dr, Sanford, NC 27330-5069
This single-story, 10,228-square-foot medical office building in Sanford, North Carolina, presents a unique investment opportunity. Located at 1922 K M Wicker Memorial Dr, this Class C property sits on a 0.68-acre lot and offers exceptional flexibility. Built in 2000 and renovated in 2007, the building is currently entirely vacant, providing a blank canvas for a new tenant or multiple tenants. The property's previous use as a dialysis clinic makes it ideally suited for a variety of medical practices. The owner is open to subdividing the space into up to four separate units, catering to various business needs. Its convenient location is a significant advantage, being less than 0.2 miles from Central Carolina Hospital, ensuring high visibility and accessibility for patients. The property is zoned OI and offers ample space for expansion or customization. This is a rare chance to acquire a fully vacant, adaptable medical office building in a prime location with significant potential for growth and return on investment. The building's size, location, and flexibility make it an attractive option for both established medical practices and new ventures seeking a well-positioned space in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OFFICE & INSTITUTIONAL · Sanford, NCSanford. Always verify with local authorities before improvements.
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.