Property profile

3450 S Contentnea St Farmville, NC 27828

FOR LEASE
Medical Office Space
Property ID
US53-0886272
3,102 SF 0.64 ac lot Built 2006
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

Located at 3450 S Contentnea St in downtown Farmville, this 3,100-square-foot medical office was formerly used as an optometry practice. The interior includes a reception and waiting area, 11 private offices, and six exam rooms equipped with sinks. The property includes a parking lot that underwent repaving in 2022. The location offers access to nearby Greenville, Wilson, and I-587, and is in close proximity to ECU Health Medical Center and other regional healthcare hubs, supporting use by medical and related professional practices.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Total area 3,102 SF
Lot 0.64 ac (27,878 SF)
Zoning code CBD
APN 15197
UPID US53-0886272

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3450 S Contentnea St Farmville, NC 27828
Farmville metro Census 1800 GREENVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2022
Last sale
$324,000
4 recorded transactions
2022
$324,000
2014
$400,000
2006
Price N/A
1969
Price N/A

Zoning & alternative use

CBD · Farmville, NC
Zoning description

§ 157.031 CBD CENTRAL BUSINESS DISTRICT. (A) Intent. This district is designed to provide for a central, pedestrian-oriented concentration of retailing, personal services, public uses and office uses. The district provid…

General category COMMERCIAL

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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