Premier Real Estate Team is pleased to offer 1007 Howard St, a ±35,000 SF institutional facility on ±6 acres in Mocksville, NC. Originally constructed as a nursing home, the building has undergone significant improvements, including a newly constructed greenhouse, metal roof, electrical, HVAC, etc, and over $800,000 in capital upgrades, creating a turnkey opportunity with exceptional value-add potential. A 2023 appraisal valued the property at $8.1M vacant and $8.9M stabilized—prior to recent improvements—offering buyers immediate built-in equity. The property features 70 rooms, conference and office spaces, a large commercial kitchen, and flexible zoning, making it suitable for a range of institutional, residential, or redevelopment strategies. The site includes paved parking, an upgraded entry, and infrastructure to support additional expansion. Ideal for investors, developers, or 1031 buyers seeking scale, land, and repositioning potential in a supply-constrained submarket.
Property Type: | Commercial Sale | Property Subtype : | Medical |
Year Built : | 1980 | Construction Type : | N/A |
Lot Size : | 5.21 Acres |
Based on information submitted to the MLS GRID as of 05-31-2025 02:25:05 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.