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Property profile & analytics
FOR SALE
Drug stores

509 Van Buren Rd Eden, NC 27288

23,710 SF 3.21 ac lot Built 1965
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US53-1408417
Property summary
AI-generated overview

This exceptional 3500 square foot commercial space, located at 509 S Van Buren Road Unit C in Eden, NC, presents a unique opportunity for a variety of businesses. Situated directly across the street from UNC Health Rockingham Hospital, this property boasts high visibility and convenient access for patients and clients. The versatile layout is ideal for medical offices, retail establishments, or general business operations. The expansive front room measures an impressive 39'3" x 25'9", providing ample space for reception, waiting areas, or retail displays. Three additional rooms, each measuring 9'11" x 7'6", are perfect for exam rooms, private offices, or consultation spaces. A sizable conference room, featuring a retractable division wall, offers flexibility for meetings, training sessions, or expanded workspace, with total dimensions of 43'7" x 30'7". This property is available for lease only, and the owner requires a three-year lease commitment. The strategic location and adaptable floor plan make this an exceptional investment opportunity for businesses seeking a prominent presence in a thriving community. This property is situated on a 0-acre lot. Serious inquiries only.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1965
Total area 23,710 SF
Lot 3.21 ac (139,828 SF)
Zoning code HWY BUS EDEN
APN 7080-17-10-8078-00
UPID US53-1408417
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
  • Cone Health Premier Pediatrics of Eden Pediatrician Medical Clinic
  • Laynes Family Pharmacy Pharmacy
  • Keith E. Layne, RPh Pharmacy
  • Inger Marasha Law, MD Pediatrician Medical Clinic
  • Vivian Salvador, DO Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.01M
Blend (final) Blend
$2.42M
Owner & transaction history
Layne Brothers Real Estate Investme · 18 yrs held
Layne Brothers Real Estate Investme
since 2007
7 recorded transactions
2007
$990,000
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HWY BUS EDEN · Eden, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.0M +56.6%
Auto repair, garage $1.7M +32.8%
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More about this property
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