Flexible Veterinary or Medical
7426 Maynardville Pike Knoxville, TN 37938
For Sale
Contact for pricing
Well-kept building built out for a veterinary clinic with adaptable layout for medical, office, or retail use.
Property Size4,500 SF
Price / SF$138.89
Days on Market1080
Property Features for 7426 Maynardville Pike
General Information
Standard status
Active
Size
4,500 SF
Property subtype
RETAIL
Listing Agency:
NAI Koella RM Moore - Knoxville
(865) 236-1610
Listed By:
Justin Sterling · License #305457
(865) 236-1610
Source:
Moodyscre
Added: Aug 16, 2023
Changed: Jul 25
Last Checked: Jul 29 at 3:54PM
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 NAI Koella RM Moore - Knoxville
Investment Insights
Based on property information with market context.
This property is an approximately 90' wide by 50' deep building currently built out as a veterinary clinic. It is reported to be in good condition with good visibility, and the layout is described as easily convertible to medical, office, or retail use. The space could also be subdivided, offering flexibility for different occupancy strategies.
The listing notes the property is located in a growing community and is near restaurants and schools, supporting a practical retail and service-oriented tenant environment.
For prospective tenants, buyers, or brokers, the key differentiator here is the existing veterinary clinic build-out paired with an adaptable floor plan that may work for multiple commercial concepts, including medical and office.
The listing notes the property is located in a growing community and is near restaurants and schools, supporting a practical retail and service-oriented tenant environment.
For prospective tenants, buyers, or brokers, the key differentiator here is the existing veterinary clinic build-out paired with an adaptable floor plan that may work for multiple commercial concepts, including medical and office.
Key Highlights
- Approximately 90' wide x 50' deep property with good visibility and in good condition
- Building built out as a veterinary clinic with an adaptable layout for medical, office, or retail use
- Easily converts to medical, office, or retail, offering flexible reconfiguration options
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.6k | $22.80 |
| − Vacancy | −$7.2k | −$1.60 |
| EGI | $95.4k | $21.20 |
| − OpEx | −$38.2k | −$8.48 |
| NOI | $57.3k | $12.72 |
4,500 SF · lease $22.80/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Retail
$923.4K
$808.0K – $1.08M
NOI $64,638 @ 7.0% cap · market cap 10.34%
Second Best
Office B
$850.5K
$744.2K – $992.3K
NOI $59,535 @ 7.0% cap · market cap 9.53%
Theoretical Best
Office A
$1.11M
$975.2K – $1.30M
NOI $78,019 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Jacqueline Sherrod DVM — 7426 Maynardville Pike, Knoxville, TN 37938
- Halls Animal Hospital — 7126 Maynardville Pike, Knoxville, TN 37918
- Crossroads Animal Clinic: Randolph Patrick DVM — 7426 Maynardville Pike, Knoxville, TN 37938
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-kept building built out for a veterinary clinic with adaptable layout for medical, office, or retail use.
Where is this medical office space located?
The property is located at 7426 Maynardville Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Approximately 90' wide x 50' deep property with good visibility and in good condition; Building built out as a veterinary clinic with an adaptable layout for medical, office, or retail use; Easily converts to medical, office, or retail, offering flexible reconfiguration options
