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Medical Office Center
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5300 Clinton Plaza Drive, Knoxville, TN 37912

Well-maintained medical and office property currently positioned as a long-established pediatric location.

Property Size2,820 SF
Price / SF$248.19
Days on Market170

Property Features for 5300 Clinton Plaza Drive

General Information

Standard status Active
Size 2,820 SF
Property subtype Retail, Office, Business for Sale
Zoning C-H-1: Highway Commercial

Building Details

Year Built 1991
Buildings 1
Units 11
Listing Agency: United Real Estate Solutions
Listed By: Mark Hunter · License #375958
Source: Crexi
Added: May 6 Changed: Oct 6 Last Checked: Oct 20 at 6:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Solutions

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Investment Insights

Based on property information with market context.

This well-maintained medical office center is configured to support professional practice and healthcare use. The property is described as a long-established pediatric location with strong community recognition, and it is being offered as a continued pediatric use option following the retirement of a physician after decades of operation.

The asset is located at 5300 Clinton Plaza Drive in Knoxville, Tennessee. It is presented as an exceptional Knoxville medical/office opportunity for buyers seeking a healthcare-oriented facility.

Offered for sale, the property’s existing medical/office setup and established pediatric use make it well suited for continued healthcare operations that align with the current use.

Key Highlights

  • Built in 1991
  • Well‑maintained medical/office property currently positioned for pediatric use
  • Long‑established pediatric location with strong community recognition

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,309
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,180 $746.2K
Cap Rate 7%
$532,986 $533.0K
Cap Rate 9%
$414,544 $414.5K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$59.2K $21.00/SF
− Vacancy
−$9.5K −$3.36/SF
EGI
$49.7K $17.64/SF
− OpEx
−$12.4K −$4.41/SF
NOI
$37.3K $13.23/SF
Area
Knoxville, TN
Vacancy
16.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,180
Cap Rate 7%
$532,986
Cap Rate 9%
$414,544

Alternative Uses

Best Use
Office B
$533.0K
$466.4K – $621.8K (±1% cap)
NOI $37,309 @ 7.0% cap · market cap 5.33%
Second Best
Healthcare Medical
$512.5K
$448.5K – $598.0K (±1% cap)
NOI $35,877 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$698.5K
$611.2K – $814.9K (±1% cap)
NOI $48,892 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Park's Pediatric Clinic Medical Clinic Park Stanley S ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Electrical Service Gym & Fitness Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby

Demographics for 37912, TN

22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Medical center - Well-maintained medical and office property currently positioned as a long-established pediatric location.
Where is this medical center located?
The property is located at 5300 Clinton Plaza Drive Knoxville, TN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Built in 1991; Well‑maintained medical/office property currently positioned for pediatric use; Long‑established pediatric location with strong community recognition
(865) 724-8106 Call to check price and availability
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