4025 Capital DrRocky Mount, NC 27804

Property Details for 4025 Capital Dr

Year built

2007

Lot size

0.17 AC

Property size (Sq ft)

3,344 SF

Property type

Office buildings

APN

383011-57-2480

APU

383011572480

Description

This exceptional 4,055 square foot medical office building, situated at 4025 Capital Dr in Rocky Mount, North Carolina, presents a unique owner/user investment opportunity. Built in 2007, this Class B property boasts a desirable single-tenant occupancy within a well-maintained office park. The building features two stories and offers three bedrooms, making it ideal for a variety of medical practices. Conveniently located near the I-87 and I-95 corridor, this property enjoys excellent accessibility and high visibility. The asking price is $595,000, translating to a price per square foot of $146.73. The property is zoned O/I and includes one building on a single unit. This turnkey operation is ready for immediate occupancy and offers a strong return on investment for the discerning buyer. The property's prime location and functional design make it an attractive proposition for medical professionals seeking a well-established and easily accessible practice space. This is a rare opportunity to acquire a profitable medical office building in a thriving area of North Carolina. The property's excellent condition and strategic location ensure a promising future for the new owner. Don't miss this chance to own a piece of Rocky Mount's vibrant medical community.

• CAP approach

  CAP return

  Valuation

  6%

  $918,641

  6.5%

  $847,976

  7%

  $787,406

• Comparable approach

  Method

  Valuation

  Relative Method

  $885,229

  Geo Method

  $767,582

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,833,400

  Retail / Commercial

  $908,066

  Mixed-Use / Specialty

  $879,541

  Hospitality / Lodging

  $612,367

  Institutional / Educational

  $905,330

  Residential Income

  $1,059,240

  Multifamily

  $1,410,580

  Automotive / Energy

  $775,997

  Parking / Income-Based Land

  $292,771

  Restaurant / Food Service

  $403,486

  Healthcare / Senior Housing

  $927,885

Location Insight

City

Rocky Mount

County

Nash

State

North Carolina

Latitude

35.9634

Longitude

-77.8668

CBSA code

40580

CBSA name

ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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