Property profile

207 Mdw Rd Eden, NC 27288

OFF-MARKET
Medical Office Space
Property ID
US53-4772937
12,008 SF 0.99 ac lot Built 2015
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This Class A, 12,000 square foot medical office building in Eden, North Carolina, presents a compelling value-add investment opportunity. Located at 207 E Meadow Rd, in Rockingham County (zip code 27288), this single-story building, constructed in 2015, sits on a 43,124 square foot lot and is zoned BH. Currently operating with a 50% occupancy rate across six units under gross lease agreements, the property offers significant potential for increased revenue. Several short-term leases are in place, providing immediate cash flow, while available vacant space allows for owner-occupancy or lease expansion. Its prime location near the new Purina Pet Plant and Highway 14 ensures high visibility and accessibility. This multi-tenant property is ideal for a 1031 exchange. The asking price is $1,000,000. Note that a non-disclosure agreement is required to access lease information. The property is being offered via online auction, with bidding opening December 4th, 2024 and closing December 18th, 2024. The seller reserves the right to accept offers prior to the auction opening.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2015
Total area 12,008 SF
Lot 0.99 ac (43,124 SF)
Zoning code HWY BUS EDEN
APN 7080-14-24-5861-00
UPID US53-4772937

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Pediatrician Physician
  • Physician

Location

207 Mdw Rd Eden, NC 27288-3468
Eden metro Census 40300 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.21M

Owner & transaction history

Zoning & alternative use

HWY BUS EDEN · Eden, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 207 Mdw Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message