Property profile

612 Ctr Dr 614 Lincolnton, NC 28092

OFF-MARKET
Medical Office Space
Property ID
US53-0525540
17,156 SF 2.22 ac lot Built 1998
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,156 SF
Lot 2.22 ac (96,573 SF)
Zoning code O-I
APN 58629
UPID US53-0525540

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
  • Medical Clinic
  • Community Center
  • Pediatrician Physician
  • Employment Agency

Location

612 Ctr Dr, Unit 614 Lincolnton, NC 28092-3712
Lincolnton metro Census 70100 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.88M

Owner & transaction history

since 2018
4 recorded transactions
2018
$12,000
2017
$725,000
2015
$920,000
1969
Price N/A

Zoning & alternative use

O-I · Lincolnton, NC
Zoning description

R-10 Single-Family Medium Density Residential District 153.108 R-8 Single and Two-Family Medium Density Residential District 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant $2.0M +45.6%
Commercial (general) $1.7M +20.8%
Office building $1.6M +12.3%

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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