106 York WayAdvance, NC 27006

Property Details for 106 York Way

Year built

2001

Construction

STEEL FRAME

Lot size

0.63 AC

Property size (Sq ft)

15,972 SF

Zone code

CSS

Property type

Office buildings

APN

C900000001

APU

C900000001

Description

This exceptional 1,918-square-foot medical/traditional office building is located at 106 York Way in Advance, North Carolina, within the desirable Kinderton Business Park in Davie County. Built in 2001, this two-story freestanding building boasts a charming Southern-inspired design. The property features a welcoming open-air courtyard and private balcony access for tenants, complemented by lush, well-maintained landscaping. The interior has recently undergone renovations, ensuring a modern and updated space. Its convenient location offers easy access to numerous amenities and healthcare facilities. Less than a mile from the Bermuda Run Country Club and Tanglewood Park, the property is also within walking distance of WinMock at Kinderton, a renowned event venue spanning approximately 16,177 square feet on 3 acres. The surrounding area is rich with healthcare providers, including Davie Medical Center, Novant Health Davie Campus, and Wake Forest University Medical Center, along with other medical offices situated within Kinderton Business Park. The property's zip code is 27006. This single-tenant building presents a unique opportunity for a medical practice or office user seeking a well-maintained and conveniently located space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,752,316

  6.5%

  $1,617,522

  7%

  $1,501,985

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,027,373

  Geo Method

  $2,704,698

• Alternative Use

  Use

  Valuation

  Residential

  $2,005,728

  Hospitality

  $1,837,236

  Educational

  $1,528,559

  Medical

  $1,581,128

  Retail

  $2,377,758

Location Insight

City

Bermuda Run

County

Davie

State

North Carolina

Latitude

36.011

Longitude

-80.4259

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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