Property summary
This exceptional 1,020-square-foot medical office space is ideally situated within the vibrant Rex Hospital Complex in Raleigh, North Carolina. Located at 3124 Blue Ridge Rd, zip code 27612, this single-tenant property offers a prime location for medical professionals seeking established patient access and high visibility. The building itself is a well-maintained triplex, providing a professional and collaborative environment. The property features separate and private entryways for each tenant, ensuring patient privacy and a streamlined workflow. This particular unit is perfect for a variety of medical practices. The property benefits from ample parking, divided into convenient patient and provider parking lots, ensuring easy access for both patients and staff. The building's location within the Rex Hospital Complex provides immediate access to a large pool of potential patients and a strong referral network. The other two tenants in the triplex are established medical clinics, one specializing in retina care and the other in pediatrics, further enhancing the professional atmosphere and patient base. This is a rare opportunity to acquire a well-located, single-tenant medical office space in a thriving medical hub. The property is located in Wake County, North Carolina.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Medical Clinic Pediatrician
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Employment Agency
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Pediatrician Medical Clinic
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Pediatrician Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
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
OX-3 · Raleigh, NCThe OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The OX-3 is intended to provide for a variety of office and employment uses whileallowing for housing and limited retail and service related options
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OX-3 in Raleigh, NC.
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Find the owner behind the property.
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