496 Altapass HwySpruce Pine, NC 28777

  • Hospitals
  • 0.63 AC
For Lease
$15.50/SF/YR View listing

Property Details for 496 Altapass Hwy

Lot size
0.63 AC
Property type
Hospitals
APN
0799-06-29-7823
APU
79906297823

Description

This exceptional 5,313-square-foot free-standing medical office building is available for lease in Spruce Pine, North Carolina. Ideally situated on the campus of MH Blue Ridge Medical Center, this Class C property offers unparalleled convenience and visibility. The single-tenant building boasts ample parking, ensuring easy access for patients and staff. The well-designed layout includes a spacious reception and waiting area, creating a welcoming atmosphere. Five private offices provide ample space for individual practitioners or administrative staff. Additional features include a dedicated conference room for meetings and consultations, a convenient break room, eight supply rooms for efficient storage, a fully equipped exam room, and four bathrooms for patient and staff use. Two exits ensure convenient and safe egress. The building's location within a medical center campus provides a synergistic environment and strong potential for patient referrals. This property presents a unique opportunity for medical professionals seeking a well-appointed and strategically located office space in a thriving community. The entire 5,313 square feet is currently vacant and ready for immediate occupancy. Located in Mitchell County, North Carolina, with the address 496 Altapass Highway, Spruce Pine, NC 28777.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,176,566
    6.5%
    $4,778,369
    7%
    $4,437,057
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,598,290
    Geo Method
    $2,598,290
  • Alternative Use

    Use
    Valuation
    Residential
    $6,061,562
    Hospitality
    $5,552,358
    Educational
    $4,619,498
    Medical
    $4,778,369
    Retail
    $7,185,884

Location Insight

City
Spruce Pine
County
Mitchell
State
North Carolina
Latitude
35.9093
Longitude
-82.064

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,935
$63,000
$282,600
$345,600
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-
-
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