256 Hospital StMocksville, NC 27028

Property Details for 256 Hospital St

Year built

1970

Construction

WOOD

Lot size

0.50 AC

Property size (Sq ft)

2,912 SF

Zone code

NC

Property type

Medical offices

Property subtype

Medical centers

APN

I4110C0025

APU

I4110C0025

Description

This exceptional ±2,920 square foot single-tenant office building presents a fantastic opportunity in the thriving town of Mocksville, North Carolina. Situated on a half-acre lot (0.5 acres), this 1-story, 1970-built structure boasts a desirable location, just 0.2 miles from Highway 601, 0.8 miles from Highway 158, and a convenient 2 miles from Interstate 40, ensuring excellent accessibility. The property features a welcoming lobby/reception area, six individual offices providing ample space for staff or clients, a convenient break room, and three restrooms for employee and visitor use. Ample surface parking is available at the rear of the building. A unique feature is a covered drive-up window area, a legacy from its previous use as a bank branch, offering potential for various business applications. The property's APN is 5738456508 and is located in Davie County, North Carolina, with the address being 256 Hospital Street, Mocksville, NC 27028. This versatile space is ideal for a variety of office uses, including traditional office settings and medical practices, making it a highly attractive investment opportunity. The building's single-tenant occupancy simplifies management and provides a stable income stream. This property offers a blend of convenience, functionality, and location, making it a compelling option for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $319,481

  6.5%

  $294,905

  7%

  $273,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $369,629

  Geo Method

  $493,118

• Alternative Use

  Use

  Valuation

  Residential

  $365,682

  Hospitality

  $334,963

  Educational

  $278,685

  Medical

  $288,270

  Retail

  $433,511

Location Insight

City

Mocksville

County

Davie

State

North Carolina

Latitude

35.8984

Longitude

-80.5714

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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