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    FOR SALE
    Day care centers

    925 Ophir Ave, Troy, NC 27371

    3,000 SF 0.9 ac lot Built 2002
    Individually Owned 19-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-4488217
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot commercial building, situated on a 0.9-acre lot at 925 Ophir Avenue in Troy, NC, presents a unique investment opportunity. Originally a medical practice, it underwent a complete transformation into a child development center in 2012. The building boasts three ADA-compliant ramps for convenient access, complemented by a covered front porch with entry steps. Inside, a central reception area provides ample space for administrative functions, including a receptionist and bookkeeping areas. The former physician's exam rooms have been opened to create larger spaces ideal for childcare, but these can be easily reconfigured into smaller offices to suit various needs. The adaptable layout offers significant potential for diverse uses beyond medical or childcare, including a community center, church, private school, or adult day care facility. The building's truss roofing system allows for extensive interior redesign, opening up possibilities for a wide range of conversions. Potential uses could include duplex or triplex apartments, a small private nursing home, a private inpatient rehabilitation facility, a drug treatment facility, or a homeless shelter, among many others. For specific zoning information and permitted uses under the MU-2 zoning designation, please contact Troy Planning and Zoning. This property offers exceptional flexibility and significant return potential for the discerning investor. Priced at $225,000.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 2002
    Total area 3,000 SF
    Lot 0.9 ac (39,204 SF)
    APN 7539 17 21 2410
    UPID US53-4488217
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Carrolle E Braun JR · 19 yrs held
    Carrolle E Braun JR
    since 2006
    1 recorded transaction
    2006
    $225,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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