1209 Industry DrOxford, NC 27565
- Healthcare properties
- 13,352 SF
Property Details for 1209 Industry Dr
- Year built
- 2014
- Lot size
- 2.46 AC
- Property size (Sq ft)
- 13,352 SF
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 193303125913
- APU
- 193303125913
Description
This exceptional 13,500-square-foot medical office building, located at 1209 SE Industry Drive in Oxford, North Carolina, presents a unique investment opportunity. Built in 2014, the single-tenant property sits on a 2.4-acre lot and boasts a sophisticated design, created by Studio Forty Architects, a Raleigh firm with over 20 years of experience collaborating with Duke Health. The building's architecture provides a welcoming and professional atmosphere, ideal for medical practices. The property is meticulously maintained and features ample parking, ensuring both convenience for patients and excellent visibility for the business. The zoning is a blend of Industrial in the front and HB in the rear, offering flexibility. Situated in Granville County, North Carolina, with a zip code of 27565, this property offers easy access to the local community and surrounding areas. The building's high-quality construction and thoughtful design make it an attractive option for a variety of medical tenants seeking a modern and functional space. This turnkey property is ready for immediate occupancy and presents a strong investment opportunity in a growing market. The property's size, location, and design combine to create a highly desirable medical office space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,127,558
- 6.5%
- $1,963,899
- 7%
- $1,823,621
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,064,818
- Geo Method
- $3,064,818
-
Alternative Use
- Use
- Valuation
- Residential
- $2,435,235
- Hospitality
- $2,230,662
- Educational
- $1,855,885
- Medical
- $1,919,712
- Retail
- $2,886,932
Location Insight
- City
- Oxford
- County
- Granville
- State
- North Carolina
- Latitude
- 36.3121
- Longitude
- -78.5537
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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