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    OFF-MARKET
    Medical Office Space

    256 Hospital St, Mocksville, NC 27028-2039

    2,912 SF 0.5 ac lot Built 1970
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-5691384
    Property summary
    AI-generated overview

    This exceptional ±2,920 square foot single-tenant office building presents a fantastic opportunity in the thriving town of Mocksville, North Carolina. Situated on a half-acre lot (0.5 acres), this 1-story, 1970-built structure boasts a desirable location, just 0.2 miles from Highway 601, 0.8 miles from Highway 158, and a convenient 2 miles from Interstate 40, ensuring excellent accessibility. The property features a welcoming lobby/reception area, six individual offices providing ample space for staff or clients, a convenient break room, and three restrooms for employee and visitor use. Ample surface parking is available at the rear of the building. A unique feature is a covered drive-up window area, a legacy from its previous use as a bank branch, offering potential for various business applications. The property's APN is 5738456508 and is located in Davie County, North Carolina, with the address being 256 Hospital Street, Mocksville, NC 27028. This versatile space is ideal for a variety of office uses, including traditional office settings and medical practices, making it a highly attractive investment opportunity. The building's single-tenant occupancy simplifies management and provides a stable income stream. This property offers a blend of convenience, functionality, and location, making it a compelling option for discerning buyers.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1970
    Construction WOOD
    Total area 2,912 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code NC
    APN I4110C0025
    UPID US53-5691384
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    John D Yarbrough · 2 yrs held
    John D Yarbrough
    since 2023
    Last sale
    $260,000
    2 recorded transactions
    2023
    $260,000
    2007
    $208,000
    Zoning & alternative use
    NC · Mocksville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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