Entity Owned Property summary
This exceptional 7,291-square-foot medical office building is available for immediate lease in Greenville, North Carolina. Situated on a 1.3-acre lot in the heart of Greenville's medical district, this Class C building offers unparalleled convenience and accessibility. Its location within one mile of ECU Health's Medical Center ensures strong medical office synergy and a high-traffic patient base. The property boasts ample parking and is easily accessible from I-587, making it an ideal location for medical professionals seeking a prominent presence in Eastern North Carolina. The building is zoned MO and features a single-tenant occupancy. The lease is a modified gross lease with a monthly rate of $7,200. For a credit tenant, $50,000 in tenant improvement allowance (TIA) is available. This presents a unique opportunity to establish or expand a medical practice in a thriving and highly visible location. The property's address is 2500 W 5th St, Greenville, NC 27834, within the Greenville MSA submarket.
Property profile
VerifiedCap rate & NOI
Current use
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Orthotics & Prosthetics Service
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Orthotics & Prosthetics Service
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Park
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Orthotics & Prosthetics Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
residential uses which include the following districts: MI, MO, O, CG, CH, IU, I, PIU, and PI. District; overlay. A geographic zoning district layered on top of another existing zoning district, or districts that impleme…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MO · Greenville, NCresidential uses which include the following districts: MI, MO, O, CG, CH, IU, I, PIU, and PI. District; overlay. A geographic zoning district layered on top of another existing zoning district, or districts that impleme…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
residential uses which include the following districts: MI, MO, O, CG, CH, IU, I, PIU, and PI. District; overlay. A geographic zoning district layered on top of another existing zoning district, or districts that impleme…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MO in Greenville, NC.
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