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Property profile & analytics
OFF-MARKET
Medical Office Space

3451 Graystone SE Pl Conover, NC 28613-8200

5,368 SF 0.39 ac lot Built 1973
Entity Owned ~ Est. High Equity
Property ID
US53-5578825
Property summary
AI-generated overview

This exceptional 5,368 square foot commercial property, situated at 3451 Graystone Place SE in Conover, North Carolina, presents a unique investment opportunity. Located conveniently near Catawba Hospital, this property boasts a prime location ideal for a variety of commercial uses, particularly medical offices. The substantial square footage offers ample space for customization and development, allowing for the creation of a tailored commercial space to meet specific business needs. While the property requires significant renovations, this presents a chance for a buyer to add value and create a highly profitable venture. The 0.68-acre lot provides ample outdoor space, potentially for parking or future expansion. Currently priced significantly below tax value, this property represents a compelling investment opportunity for discerning buyers seeking a high-return project. The potential for substantial rental income, coupled with the flexibility for customization, makes this a truly unique offering in a desirable location. Don't miss the chance to transform this property into a thriving commercial enterprise. The property is located in Conover, NC.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Construction WOOD
Total area 5,368 SF
Lot 0.39 ac (16,988 SF)
Zoning code P-1
APN 3722-16-82-3634
UPID US53-5578825
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
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
M & B Property Holdings LLC
M & B Property Holdings LLC
since 2026
Last sale
$75,000
6 recorded transactions
2026
$230,000
2023
Price N/A
2023
$75,000
2006
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
P-1 · Conover, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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