905 Johns Hopkins Dr Greenville, NC 27834-2056
Property profile & analytics
905 Johns Hopkins Dr Greenville, NC 27834-2056
- Medical Office Space
- 20,397 SF
- 4.36 lot acres
Property ID
US53-0962609
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- ECU PHYSICIANS / Hospital
- Nadyah J John, MD / Physician
- Gregory L. Duncan, PhD / Physician
- Thomas H Clay Sr., MD / Physician
- Vivek Anand, MD / Physician
Property Details for 905 Johns Hopkins Dr
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.36 lot acres
- Property size
- 20,397 SF
- Zone code
- MO
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 47270
- APU
- 47270
Description
This exceptional investment opportunity presents a fee-simple interest in a 20,458 square foot medical office building situated on a 4.35-acre lot in Greenville, NC. The property, built in 1989 with renovations in 2008, 2012, and 2023, boasts a 100% occupancy rate with a credit-rated tenant, East Carolina University Physicians, under a modified gross lease. The current lease, commencing December 19, 2012, and expiring February 28, 2028, offers a remaining term of 3.3 years with a 2% annual rent increase. The annual rent is $456,121, generating a strong NOI of $341,570 and a 7.75% cap rate. The asking price is $4,407,355, translating to $215.43 per square foot. The building features 92 parking spaces and is strategically located in a thriving medical corridor adjacent to ECU Health Medical Center and ECU Brody School of Medicine, benefiting from high visibility and convenient access to a substantial population base. The lease includes one 5-year renewal option. The tenant's lease obligations are backed by the State of North Carolina, which holds an AA- credit rating from Standard & Poor's. This property offers a compelling combination of strong tenant credit, a desirable location, and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,525,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,030,000 Change: -20% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Pitt
- State
- North Carolina
- Longitude
- -77.4165
- Latitude
- 35.602
- CBSA code
- 24780
- CBSA name
- GREENVILLE, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,611
$569,766
$2,890,642
$3,460,408
-
$569,766
$2,890,642
$3,460,408
