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Investment Highlights

  • 0.5 mi to Cape Fear Valley Medical Center
  • ADA Accessibility
  • Building/Monument Signage
  • 0.1 mi to Public Transit Access
  • Ample Parking
  • Green Space and Natural Light

Executive Summary

1762 Metro Medical Drive - Office Condominium This well-maintained 1,951-square-foot medical office condominium is located in a highly desirable healthcare corridor near Cape Fear Valley Medical Center. Currently operating as a pediatric speech-language pathology center and originally designed for a diabetes and endocrinology practice, the property offers a flexible, turnkey layout suitable for a wide range of outpatient medical, therapy, specialty, or administrative uses. The unit includes a spacious reception and waiting area, administrative workspace, four examination rooms, multiple private offices, dedicated lab/break space, storage/utility area, wraparound hallway circulation, and two restrooms including one ADA-compliant restroom. Most clinical rooms include sinks, and the suite features separate public and staff entrances for efficient workflow and patient flow. Extensive updates completed since 2021 include full interior repainting, LED lighting throughout, new flooring in exam rooms, updated wiring for phone and internet, and installation of a security alarm system. Major infrastructure improvements include replacement of both HVAC systems (one in 2024 and the other within two years prior to 2021), window and siding replacements in 2025, drainage and landscaping improvements in 2023, and a completed electrical inspection in February 2026. Exterior maintenance and grounds management are professionally handled by the HOA, reducing operational burden for ownership. Strategically positioned within a concentrated medical district off Village Drive, the property is adjacent to established healthcare providers and offers close proximity to hospital facilities, public transit, dining, and professional services. Additional features include ample parking with handicap accessibility, no-step entry, ADA-conscious interior design, abundant natural light, and attractive surrounding green space. This property presents an excellent opportunity for physician groups, specialty clinics, therapy providers, aesthetics practices, hospital-affiliated satellite offices, or investors seeking stable demand in a growing medical market. Its efficient size, strong infrastructure, and prime location support long-term occupancy, operational convenience, and future appreciation.

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1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 1,951 SF
  • Office/Medical
  • $477,111 CAD ($244.55 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 0426-16-1774.007
Description
This well-appointed 1st floor office condo is ideally configured for medical or professional use, offering an efficient layout designed to support patient flow, staff productivity, and operational flexibility.
Features include: Spacious reception and waiting area, dedicated administrative/reception workspace, 4 examination rooms with sinks, 2 private offices, dedicated lab space (currently used as a staff breakroom), additional therapy/exam rooms, records/storage room, utility closet, wraparound hallway providing efficient circulation, 2 restrooms (1 ADA-compliant),2 building entry/exit points.
The functional floor plan and existing medical infrastructure make this space well suited for medical, therapy, wellness, or other healthcare-related practices, while also adaptable for a variety of professional office users.
Sale Notes
This medical office condominium offers a functional and efficient layout designed to support patient circulation, staff workflow, and clinical operations. The space can easily accommodate primary care, specialty clinics, outpatient services, hospital-affiliated satellite offices, therapy practices, administrative healthcare services, or aesthetics clinics.
Capital improvements completed in 2021 include full interior repainting, upgraded LED lighting throughout, replacement flooring in examination rooms, removal of a partial wall to create a larger unified waiting area, installation of phone and internet wiring, and a security alarm system. Additional improvements and maintenance include a current termite contract with updated inspections, drainage and landscaping improvements completed in 2023, replacement of one HVAC system and handler in October 2024, replacement of the second HVAC unit within two years prior to the 2021 purchase, replacement of three windows and partial siding in 2025, and a full electrical inspection completed in February 2026 with passing results. The water heater and roof have been replaced since the originals. These updates provide strong mechanical reliability while minimizing near-term capital expenditure requirements for a future owner.
Strategically located off Village Drive within a concentrated medical district, the property is adjacent to established medical practices, including Cape Fear Valley Medical Center podiatry offices with a shared parking lot, and is located near Cape Fear Valley Medical Center. The property features ample standard and handicap-accessible parking, no-step entry from the parking lot, ADA-conscious interior design, separate public and staff entrances, abundant natural light, and surrounding green space that creates a welcoming healthcare environment. The location also offers convenient access to public transit, hospital facilities, and nearby dining options.
This property presents a strong opportunity for medical owner-users or investors seeking expansion of outpatient services, specialty clinic placement, physician practice acquisition space, administrative healthcare operations, or satellite office locations. The manageable size makes it ideal for smaller practices, startups, or satellite operations seeking an efficient and accessible medical office environment. Positioned in a growing healthcare corridor with strong demand from medical and professional tenants, the property offers excellent occupancy potential, long-term tenant appeal, and future appreciation. The infrastructure, accessibility features, updated systems, and proximity to hospital facilities make this a strategic turnkey medical office acquisition opportunity.
Unit Unit Size Condo Use Price NOI
Unit 1 1,951 SF Office/Medical $477,111 CAD ($244.55 CAD/SF) -

Unit 1

Unit Size
1,951 SF
Condo Use
Office/Medical
Price
$477,111 CAD ($244.55 CAD/SF)
NOI
-

Unit 1

Unit Size 1,951 SF
Condo Use Office/Medical
Price $477,111 CAD ($244.55 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 0426-16-1774.007
Description
This well-appointed 1st floor office condo is ideally configured for medical or professional use, offering an efficient layout designed to support patient flow, staff productivity, and operational flexibility.<br> Features include: Spacious reception and waiting area, dedicated administrative/reception workspace, 4 examination rooms with sinks, 2 private offices, dedicated lab space (currently used as a staff breakroom), additional therapy/exam rooms, records/storage room, utility closet, wraparound hallway providing efficient circulation, 2 restrooms (1 ADA-compliant),2 building entry/exit points.<br> The functional floor plan and existing medical infrastructure make this space well suited for medical, therapy, wellness, or other healthcare-related practices, while also adaptable for a variety of professional office users.</li></ul>
Sale Notes
This medical office condominium offers a functional and efficient layout designed to support patient circulation, staff workflow, and clinical operations. The space can easily accommodate primary care, specialty clinics, outpatient services, hospital-affiliated satellite offices, therapy practices, administrative healthcare services, or aesthetics clinics.<br> Capital improvements completed in 2021 include full interior repainting, upgraded LED lighting throughout, replacement flooring in examination rooms, removal of a partial wall to create a larger unified waiting area, installation of phone and internet wiring, and a security alarm system. Additional improvements and maintenance include a current termite contract with updated inspections, drainage and landscaping improvements completed in 2023, replacement of one HVAC system and handler in October 2024, replacement of the second HVAC unit within two years prior to the 2021 purchase, replacement of three windows and partial siding in 2025, and a full electrical inspection completed in February 2026 with passing results. The water heater and roof have been replaced since the originals. These updates provide strong mechanical reliability while minimizing near-term capital expenditure requirements for a future owner.<br> Strategically located off Village Drive within a concentrated medical district, the property is adjacent to established medical practices, including Cape Fear Valley Medical Center podiatry offices with a shared parking lot, and is located near Cape Fear Valley Medical Center. The property features ample standard and handicap-accessible parking, no-step entry from the parking lot, ADA-conscious interior design, separate public and staff entrances, abundant natural light, and surrounding green space that creates a welcoming healthcare environment. The location also offers convenient access to public transit, hospital facilities, and nearby dining options.<br> This property presents a strong opportunity for medical owner-users or investors seeking expansion of outpatient services, specialty clinic placement, physician practice acquisition space, administrative healthcare operations, or satellite office locations. The manageable size makes it ideal for smaller practices, startups, or satellite operations seeking an efficient and accessible medical office environment. Positioned in a growing healthcare corridor with strong demand from medical and professional tenants, the property offers excellent occupancy potential, long-term tenant appeal, and future appreciation. The infrastructure, accessibility features, updated systems, and proximity to hospital facilities make this a strategic turnkey medical office acquisition opportunity.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 1,951 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 1,951 SF
Year Built 1981
Lot Size 2.14 AC
Zoning OI - Office & Institution - OI

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
Moderately walkable
70/100
Very drivable
80/100
Fairly bikeable
40/100
  • Listing ID: 40597132

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 1762 Metromedical Dr, Fayetteville, NC 28304

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