Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
$23
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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
OI · Zebulon, NC$23
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
$23
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OI in Zebulon, NC.
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Find the owner behind the property.
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