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    100 Chickadee Avenue Middleton, TN 38052

    View on Map
    For Sale
    $250,000

    COMMERCIAL - Middleton, TN

    Type:Office
    Property size:
    3,789 SF
    Lot size:
    0.13 Acres
    Added:
    May 6, 2024
    Days on Market:
    696
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 100 Chickadee Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking
    5
    Standard status
    Active
    APN
    005.01
    Size
    3,789 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    1794

    Utilities

    Heating system
    Forced Air, Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1980
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Tile
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Countress Brown

    Listing agent Countress Brown License #369474

    Listing office Prosper Realty Group 245 W Lafayette St, Jackon, TN

    Listing date May 6, 2024

    MLS# 242037

    Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Middleton Medical Office For Sale

    This centrally located medical office building in Middleton, Tennessee, offers 3,789 square feet of space on a 0.13-acre lot. The property features a spacious lobby area designed for comfort and a professional atmosphere. It includes two fully equipped lab rooms suitable for medical diagnostics, along with two break rooms for staff. A new roof and HVAC unit have been installed. The property is located minutes away from a new hospital currently under construction. The location provides accessibility and abundant parking. This property is suitable for medical practitioners looking to expand or relocate their practice.
    Location Intelligence

    Current Use by Public Records

    Ashley Harper Physician Mr. William Caicedo Physician

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middleton
    County
    Hardeman
    State
    Tennessee
    Longitude
    -88.891402
    Latitude
    35.064745

    Nearby Similar for Sale

    • $750,000
      13,500 SF

      Mobile Home Park Opportunity

      Mobile home park with 15 units plus 3 additional acres.
      Skylar Way -Kirk Loop, Middleton, TN 38052
      View Details
    • $190,000
      3,789 SF

      Medical Office with Lab Facilities

      Centrally located medical office with advanced lab and break rooms.
      100 Chickadee Avenue, Middleton, TN 38052
      View Details
    • $250,000
      3,789 SF

      Medical Office with Lab Facilities

      Centrally located medical office with advanced lab and break rooms.
      100 Chickadee Avenue, Middleton, TN 38052
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Centrally located medical office with advanced lab and break room facilities.
    Where is this medical office space located?
    The property is located at 100 Chickadee Avenue Middleton, TN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime, central location with abundant parking for easy patient and staff access.; Two fully equipped lab rooms for efficient and accurate medical diagnostics.; New roof and HVAC unit.
    (731) 437-3112
    We can help!
    Listing Contact
    Countress Brown
    Real Estate License ID: 369474
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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