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3416 Melrose Rd Fayetteville, NC 28304-1610

OFF-MARKET Medical Office Space Google Maps
2,526 SF 0.34 ac lot Built 1970
Entity Owned ~ Est. High Equity
Estimated value (blended)
$335k
Range $302k – $369k (±10%)
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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2025
Last sale
$510,000
7 recorded transactions
2025
$510,000
2020
Price N/A
2012
Price N/A
2007
$430,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OI · Fayetteville, NC
Zoning description

Residential 6 (SF-6) District 30-3.D.5. Mixed Residential 5 (MR-5) District 30-3.D.6. Manufactured Home (MH) District 30-3.E. Business Base Zoning Districts 30-3.E.1. General Purposes 30-3.E.2. Office and Institutional (…

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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