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Property profile & analytics
OFF-MARKET
Medical Office Space

89 Hospital Dr Brevard, NC 28712-4837

5,526 SF 0.34 ac lot Built 1990
Individually Owned 7-yr Hold Free & Clear
Property ID
US53-3340775
Property summary
AI-generated overview

This exceptional Class A medical office building, situated on the Transylvania Regional Hospital campus at 89 Hospital Drive, offers a prime leasing opportunity. Built in 2009, the two-story, 17,699 square foot building boasts a modern design and is in excellent condition. Currently, 3,129 square feet are available for lease within Building C, a multi-tenant space ideal for medical practices or related businesses. The available suite includes a spacious lobby/waiting room, four exam rooms, four private offices, three storage rooms, and two restrooms. The second floor offers additional office space and a restroom. The property benefits from abundant parking and prominent signage, ensuring high visibility and accessibility for patients and staff. The building is part of a larger complex on the campus of the highly-regarded Transylvania Regional Hospital, a 92-bed facility employing over 600 staff and 150 volunteers. The hospital's accreditation by The Joint Commission and its recent recognition as a Top 20 Critical Access Hospital underscores its prestige and the strong potential for patient referrals. This location provides unparalleled access to a large patient base within Transylvania County and surrounding areas, making it an exceptional investment for healthcare professionals. The building features a convenient break room. Detailed floor plans are available upon request.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1990
Total area 5,526 SF
Lot 0.34 ac (14,810 SF)
Zoning code OI
APN 8596-19-1100-000
UPID US53-3340775
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
  • Kristi Leigh Pratt Dental Office
  • Dr. Alena Karol Dental Office
  • Shantae Ladon Lucas Physician
  • Dr. Parke Ladd Dental Office
  • Parke Joseph Ladd Dental Office
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
Mh Transylvania Regl Hosp Lll · 7 yrs held
Mh Transylvania Regl Hosp Lll
since 2019
2 recorded transactions
2019
$6.2M
2006
$471,500
Zoning & alternative use
OI · Brevard, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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