Synergy Commercial Properties, LLC 281 W. Pennsylvania Avenue Southern Pines, NC 28387 T 910-295-1801 | F 877-255-7990 synergy-commercial.com For more info, please contact: Janice M. Dixon, CCIM Direct 910-916-5771 [email protected]165 Turnberry Wood Southern Pines, NC Location • Built in 1995 • Renovated in 2015 • Zoned for Office Services • Square Feet: 6480 Description • 165 Turnberry Wood • Southern Pines • Located in Turnberry Wood Business Park at the Corner of Morganton Road & Turnberry Wood • Accessible from Highway 15-501 at Morganton Road • Left on Morganton Road from US 1 N then right into Turnberry Business Park. Property is located on the left. Availability FOR SALE List Price $1,300,000 Free-standing office building in central location with visibility from Morganton Road. Ideal for Office-Medical. The building has a large open-concept entrance and foyer, large central waiting area, and offices on building perimeter. Ample parking in front, side, and rear for employees and customers. Half-floor located upstairs currently used as lab space also has full bathroom.
Transcript
Synergy Commercial Properties, LLC281 W. Pennsylvania AvenueSouthern Pines, NC 28387T 910-295-1801 | F 877-255-7990synergy-commercial.com
• Built in 1995• Renovated in 2015• Zoned for Office Services• Square Feet: 6480
Esri, NASA, NGA, USGS, FEMA | State of North Carolina DOT, Esri, HERE, Garmin, INCREMENT P, USGS, EPA, NPS, US Census Bureau, USDA
Vicinity Map 1000ft
Description
• 165 Turnberry Wood• Southern Pines• Located in Turnberry Wood Business
Park at the Corner of Morganton Road & Turnberry Wood
• Accessible from Highway15-501 at Morganton Road
• Left on Morganton Road from US 1 N then right into Turnberry Business Park. Property is located on the left.
Availability
FOR SALE
List Price $1,300,000
Free-standing office building in central location with visibility from Morganton Road. Ideal for Office-Medical. The building has a large open-concept entrance and foyer, large central waiting area, and offices on building perimeter. Ample parking in front, side, and rear for employees and customers. Half-floor located upstairs currently used as lab space also has full bathroom.
Synergy Commercial Properties, LLC281 W. Pennsylvania AvenueSouthern Pines, NC 28387T 910-295-1801 | F 877-255-7990synergy-commercial.com
Executive Summary655 S Bennett St, Southern Pines, North Carolina, 28387 JANICE M. DIXON, CCIMDrive Time: 5, 10, 15 minute radii Latitude: 35.17056
Longitude: -79.40024
5 minutes 10 minutes 15 minutes
In the identified area, the current year population is 49,755. In 2010, the Census count in the area was 44,679. The rate of change since2010 was 1.50% annually. The five-year projection for the population in the area is 53,449 representing a change of 1.44% annually from 2017 to 2022. Currently, the population is 47.0% male and 53.0% female.
Median Age
The median age in this area is 41.2, compared to U.S. median age of 38.2.Race and Ethnicity
2017 White Alone 62.3% 75.5% 78.5%2017 Black Alone 30.5% 18.1% 14.8%2017 American Indian/Alaska Native Alone 0.8% 0.7% 0.9%2017 Asian Alone 1.2% 1.7% 1.7%2017 Pacific Islander Alone 0.1% 0.1% 0.1%2017 Other Race 2.3% 1.6% 1.7%2017 Two or More Races 2.7% 2.3% 2.3%2017 Hispanic Origin (Any Race) 6.2% 4.6% 4.7%
Persons of Hispanic origin represent 4.7% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.8 in the identified area, compared to 64.0 for the U.S. as a whole.
The household count in this area has changed from 20,035 in 2010 to 22,557 in the current year, a change of 1.65% annually. The five-yearprojection of households is 24,359, a change of 1.55% annually from the current year total. Average household size is currently 2.18, compared to 2.20 in the year 2010. The number of families in the current year is 14,265 in the specified area.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.
Executive Summary655 S Bennett St, Southern Pines, North Carolina, 28387 JANICE M. DIXON, CCIMDrive Time: 5, 10, 15 minute radii Latitude: 35.17056
Longitude: -79.40024
5 minutes 10 minutes 15 minutesPopulation
2000 Population 6,822 17,774 36,1382010 Population 7,345 21,342 44,6792017 Population 7,945 23,559 49,7552022 Population 8,463 25,167 53,4492000-2010 Annual Rate 0.74% 1.85% 2.14%2010-2017 Annual Rate 1.09% 1.37% 1.50%2017-2022 Annual Rate 1.27% 1.33% 1.44%2017 Male Population 45.1% 46.1% 47.0%2017 Female Population 54.9% 53.9% 53.0%2017 Median Age 41.2 47.8 49.0
In the identified area, the current year population is 49,755. In 2010, the Census count in the area was 44,679. The rate of change since2010 was 1.50% annually. The five-year projection for the population in the area is 53,449 representing a change of 1.44% annually from 2017 to 2022. Currently, the population is 47.0% male and 53.0% female.
Median Age
The median age in this area is 41.2, compared to U.S. median age of 38.2.Race and Ethnicity
2017 White Alone 62.3% 75.5% 78.5%2017 Black Alone 30.5% 18.1% 14.8%2017 American Indian/Alaska Native Alone 0.8% 0.7% 0.9%2017 Asian Alone 1.2% 1.7% 1.7%2017 Pacific Islander Alone 0.1% 0.1% 0.1%2017 Other Race 2.3% 1.6% 1.7%2017 Two or More Races 2.7% 2.3% 2.3%2017 Hispanic Origin (Any Race) 6.2% 4.6% 4.7%
Persons of Hispanic origin represent 4.7% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.8 in the identified area, compared to 64.0 for the U.S. as a whole.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.
Executive Summary655 S Bennett St, Southern Pines, North Carolina, 28387 JANICE M. DIXON, CCIMDrive Time: 5, 10, 15 minute radii Latitude: 35.17056
Longitude: -79.40024
Housing2000 Total Housing Units 3,480 8,922 18,158
2000 Owner Occupied Housing Units 1,678 5,442 11,8452000 Renter Occupied Housing Units 1,425 2,403 3,7932000 Vacant Housing Units 377 1,077 2,520
2010 Total Housing Units 4,069 11,509 23,5082010 Owner Occupied Housing Units 1,654 6,190 14,0322010 Renter Occupied Housing Units 1,989 3,888 6,0032010 Vacant Housing Units 426 1,431 3,473
2017 Total Housing Units 4,510 12,949 26,3632017 Owner Occupied Housing Units 1,675 6,620 15,1722017 Renter Occupied Housing Units 2,341 4,701 7,3862017 Vacant Housing Units 494 1,628 3,806
2022 Total Housing Units 4,839 13,883 28,3472022 Owner Occupied Housing Units 1,786 7,097 16,3592022 Renter Occupied Housing Units 2,528 5,073 8,0002022 Vacant Housing Units 525 1,713 3,988
Currently, 57.6% of the 26,363 housing units in the area are owner occupied; 28.0%, renter occupied; and 14.4% are vacant. Currently, inthe U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 23,508 housing units in the area - 59.7% owner occupied, 25.5% renter occupied, and 14.8% vacant. The annual rate of change in housing units since 2010 is 5.23%. Median home value in the area is $243,847, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 0.24% annually to $246,753.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.
2018-2023 Annual Rate 1.42% 1.65% 1.61%2018 Male Population 45.8% 46.2% 46.8%2018 Female Population 54.2% 53.8% 53.2%2018 Median Age 60.4 50.7 50.7
In the identified area, the current year population is 46,144. In 2010, the Census count in the area was 40,194. The rate of change since 2010 was 1.69% annually. The five-year projection for the population in the area is 49,975 representing a change of 1.61% annually from 2018 to 2023. Currently, the population is 46.8% male and 53.2% female.
Median Age
The median age in this area is 60.4, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 80.6% 76.0% 78.3%2018 Black Alone 14.4% 17.8% 15.1%2018 American Indian/Alaska Native Alone 0.5% 0.6% 0.8%2018 Asian Alone 2.5% 2.2% 2.1%2018 Pacific Islander Alone 0.0% 0.1% 0.1%2018 Other Race 0.6% 1.2% 1.4%2018 Two or More Races 1.3% 2.1% 2.2%2018 Hispanic Origin (Any Race) 2.5% 4.1% 4.2%
Persons of Hispanic origin represent 4.2% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 41.5 in the identified area, compared to 64.3 for the U.S. as a whole.
The household count in this area has changed from 18,236 in 2010 to 21,103 in the current year, a change of 1.79% annually. The five-year projection of households is 22,933, a change of 1.68% annually from the current year total. Average household size is currently 2.16, compared to 2.18 in the year 2010. The number of families in the current year is 13,317 in the specified area.
1 mile 3 miles 5 miles
Demographics (continued)
281 W. Pennsylvania AvenueSouthern Pines, NC 28387T 910-295-1801 | F 877-255-7990synergy-commercial.com
Synergy Commercial Properties, LLCFor more info, please contact:
1 mile 3 miles 5 milesMedian Household Income
2018 Median Household Income $50,643 $49,574 $54,2372023 Median Household Income $53,554 $52,085 $57,1882018-2023 Annual Rate 1.12% 0.99% 1.07%
Average Household Income
2018 Average Household Income $85,639 $74,020 $77,6552023 Average Household Income $91,344 $79,371 $83,1842018-2023 Annual Rate 1.30% 1.41% 1.39%
Per Capita Income
2018 Per Capita Income $44,192 $35,633 $35,7682023 Per Capita Income $47,264 $38,287 $38,4092018-2023 Annual Rate 1.35% 1.45% 1.43%
Households by IncomeCurrent median household income is $54,237 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $57,188 in five years, compared to $65,727 for all U.S. households
Current average household income is $77,655 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $83,184 in five years, compared to $96,109 for all U.S. households
Current per capita income is $35,768 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $38,409 in five years, compared to $36,530 for all U.S. households
Housing2000 Total Housing Units 697 9,501 16,284
2000 Owner Occupied Housing Units 441 5,566 10,5822000 Renter Occupied Housing Units 139 2,254 3,3982000 Vacant Housing Units 117 1,681 2,304
2010 Total Housing Units 974 12,561 21,4522010 Owner Occupied Housing Units 548 6,523 12,7552010 Renter Occupied Housing Units 267 3,783 5,4812010 Vacant Housing Units 159 2,255 3,216
2018 Total Housing Units 1,152 14,577 24,7702018 Owner Occupied Housing Units 644 7,535 14,7922018 Renter Occupied Housing Units 321 4,459 6,3112018 Vacant Housing Units 188 2,583 3,667
2023 Total Housing Units 1,230 15,816 26,8712023 Owner Occupied Housing Units 702 8,337 16,3322023 Renter Occupied Housing Units 341 4,717 6,6012023 Vacant Housing Units 187 2,762 3,938
Currently, 59.7% of the 24,770 housing units in the area are owner occupied; 25.5%, renter occupied; and 14.8% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 21,452 housing units in the area - 59.5% owner occupied, 25.6% renter occupied, and 15.0% vacant. The annual rate of change in housing units since 2010 is 6.60%. Median home value in the area is $257,659, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 0.67% annually to $266,449.
