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    OFF-MARKET
    Medical Office Space

    3416 Melrose Rd, Fayetteville, NC 28304-1610

    2,526 SF 0.34 ac lot Built 1970
    Entity Owned ~ Est. High Equity
    Property ID
    US53-1157235
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 3416 Melrose Rd in Fayetteville, North Carolina (28304), presents a unique investment opportunity. The property boasts a desirable corner lot spanning 0.32 acres, offering excellent visibility and accessibility. The building itself encompasses approximately 2,500 to 2,600 square feet and is ideally suited for a variety of medical practices. Currently configured as a dental office, the space includes eight well-appointed exam rooms, a spacious reception area, a private office for administrative staff, ample storage areas, a panoramic room, a dedicated lab, and a comfortable staff area. The building's character is enhanced by beautiful exposed brick features in several rooms, adding a touch of charm and sophistication. Recent upgrades include the installation of three brand-new HVAC units in December 2023, ensuring efficient and comfortable climate control. Its convenient location near Cape Fear Valley Hospital further enhances its appeal and potential for success. The asking price for this turnkey medical office building is $599,500. This presents a compelling opportunity for investors seeking a well-maintained, strategically located property in a thriving healthcare market. The property's features and location combine to create a strong foundation for immediate occupancy and long-term profitability.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL CLINIC
    Year built 1970
    Total area 2,526 SF
    Lot 0.34 ac (14,810 SF)
    Zoning code OI
    APN 0416-87-9025
    UPID US53-1157235
    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
    • Riccobene Associates Family Dentistry Dental Office
    • Dr. Kyle Thames Dental Office
    • Dr. Shaharyar Fiza Dental Office
    • Dr. Tatiana Novas Dental Office
    • Angella Sherrill Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cumberland County Hospital System I
    Cumberland County Hospital System I
    since 2025
    Last sale
    $510,000
    7 recorded transactions
    2025
    $510,000
    2020
    2012
    2007
    $430,000
    1969
    1969
    1969
    Zoning & alternative use
    OI · Fayetteville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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