Property profile

323 Hospital Rd Zebulon, NC 27597

OFF-MARKET
Medical Office Space
Property ID
US53-1992117
2,340 SF 0.77 ac lot Built 1960
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,340-square-foot medical office building presents a unique investment opportunity in the thriving town of Zebulon, North Carolina. Located at 323 Hospital Road, this Class C property boasts a prime location with high visibility and traffic counts, ensuring excellent accessibility for patients and clients. Built in 1960, the building sits on a sizable 0.77-acre lot, offering ample space and potential for expansion or future development. Currently operating at 100% occupancy, this property provides immediate cash flow and a stable investment. The property's location in Wake County, North Carolina, offers convenient access to major transportation routes and a growing community. The building's 2,340 square feet provide ample space for a variety of medical practices or related businesses. This turnkey operation is ready for a new owner to step in and continue its success. The property's age presents an opportunity for potential renovations and upgrades to further enhance its value and appeal. The substantial lot size offers flexibility for future expansion or redevelopment. This is an excellent opportunity to acquire a well-located, fully occupied medical office building in a desirable market. Broker co-op is available.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1960
Construction FRAME
Total area 2,340 SF
Lot 0.77 ac (33,541 SF)
Zoning code OI
APN 1795.16-93-3727 0070173
UPID US53-1992117

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
  • Physician

Location

323 Hospital Rd Zebulon, NC 27597-2542
Zebulon metro Census 54306 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2025
1 recorded transaction
2025
$448,000

Zoning & alternative use

OI · Zebulon, NC
Zoning description

$23

General category CIVIC_INSTITUTIONAL

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
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