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    FOR SALE
    Medical Office Space

    301 Hospital Rd, Zebulon, NC 27597

    2,604 SF 0.62 ac lot Built 2005
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US53-1353519
    Property summary
    AI-generated overview

    This meticulously planned 1-acre medical office building at 301 Hospital Road, Zebulon, NC, presents a fantastic opportunity for medical professionals. The property boasts a thoughtfully designed interior, perfectly suited for a variety of medical practices. The 5,000 square foot space includes four well-appointed exam rooms, providing ample space for patient consultations and examinations. Two private offices offer additional space for administrative tasks, consultations, or specialized procedures. A dedicated nurse's station ensures efficient workflow and patient care coordination. A fully equipped laboratory is included, adding to the functionality and convenience of the space. A welcoming reception area creates a positive first impression for patients, while two bathrooms cater to both staff and patients. The building's excellent condition is a testament to its meticulous upkeep and thoughtful design. Its strategic location within a thriving medical corridor, alongside other medical offices and numerous retirement communities, guarantees high visibility and accessibility for patients. This turnkey solution eliminates the need for extensive renovations, allowing for immediate occupancy and the commencement of operations. The property's prime location and well-designed layout make it an exceptional investment for any medical professional seeking a thriving practice environment. The asking price is $5,000. This is an exceptional opportunity to acquire a fully functional and well-located medical office building.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2005
    Total area 2,604 SF
    Lot 0.62 ac (27,007 SF)
    Zoning code MA
    APN 1795.16-93-3227 0001158
    UPID US53-1353519
    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
    • Shelly L. West, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $750k
    CAP Approach CAP
    $550k
    Comparable Approach Comparable
    $622k
    Blend (final) Blend
    $575k
    Owner & transaction history
    Michael Terry Parks · 2 yrs held
    Michael Terry Parks
    since 2024
    Last sale
    $562,500
    2 recorded transactions
    2024
    $520,000
    2021
    $562,500
    Zoning & alternative use
    MA · Zebulon, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $900,000 +6.3%
    Commercial (general) $865,000 +2.4%
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    More about this property
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