207 Meadow RdEden, NC 27288

Property Details for 207 Meadow Rd

Year built

2015

Lot size

0.99 AC

Property size (Sq ft)

12,008 SF

Zone code

HWY BUS EDEN

Property type

Healthcare properties

Property subtype

Medical offices

APN

7080-14-24-5861-00

APU

70801424586100

Description

This Class A, 12,000 square foot medical office building in Eden, North Carolina, presents a compelling value-add investment opportunity. Located at 207 E Meadow Rd, in Rockingham County (zip code 27288), this single-story building, constructed in 2015, sits on a 43,124 square foot lot and is zoned BH. Currently operating with a 50% occupancy rate across six units under gross lease agreements, the property offers significant potential for increased revenue. Several short-term leases are in place, providing immediate cash flow, while available vacant space allows for owner-occupancy or lease expansion. Its prime location near the new Purina Pet Plant and Highway 14 ensures high visibility and accessibility. This multi-tenant property is ideal for a 1031 exchange. The asking price is $1,000,000. Note that a non-disclosure agreement is required to access lease information. The property is being offered via online auction, with bidding opening December 4th, 2024 and closing December 18th, 2024. The seller reserves the right to accept offers prior to the auction opening.

• CAP approach

  CAP return

  Valuation

  6%

  $1,317,419

  6.5%

  $1,216,079

  7%

  $1,129,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,524,211

  Geo Method

  $2,756,316

• Alternative Use

  Use

  Valuation

  Residential

  $1,507,938

  Hospitality

  $1,381,263

  Educational

  $1,149,194

  Medical

  $1,188,717

  Retail

  $1,787,636

Location Insight

City

Eden

County

Rockingham

State

North Carolina

Latitude

36.5084

Longitude

-79.7397

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].