Medical Office with X-Ray
For Sale
Contact for pricing
8904 Hiwassee St NE, Charleston, TN 37310
A flexible clinical layout includes exam rooms, private offices, a lab, and patient reception space.
Property Size1,700 SF
Price / SF$1.76
Days on Market24
Property Features for 8904 Hiwassee St NE
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Built-Out
Property Use
Medical Office
Medical Specialty
dental
Building Details
Year Built
2017
Listing Agency:
Bender Realty LLC
(423) 472-2173
Listed By:
Caleb Luzader · License #382544
(423) 650-8935
Source:
Movehomenashville
Added: Oct 9
Changed: Oct 29
Last Checked: Oct 29 at 2:34PM
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 Bender Realty LLC
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Investment Insights
Based on property information with market context.
This 1,700 SF medical office in Charleston was built in 2017 and includes a lead-lined X-ray room, three exam rooms, two private offices, a lab, and a reception and waiting area. The existing configuration supports medical or dental use, and the space can be adapted for another business.
The property is on Hiwassee Street NE, with access from I-75 at Exit 33.
The property is on Hiwassee Street NE, with access from I-75 at Exit 33.
Key Highlights
- 1,700 SF medical office built in 2017
- Lead‑lined X‑ray room
- Three exam rooms and two private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,819
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,380
$376.4K
Cap Rate 7%
$268,843
$268.8K
Cap Rate 9%
$209,100
$209.1K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$30.6K $18.00/SF
− Vacancy
−$5.5K −$3.24/SF
EGI
$25.1K $14.76/SF
− OpEx
−$6.3K −$3.69/SF
NOI
$18.8K $11.07/SF
Area
Bradley County, TN
Vacancy
18.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,380
Cap Rate 7%
$268,843
Cap Rate 9%
$209,100
Alternative Uses
Best Use
Healthcare Medical
$283.3K
$247.9K – $330.5K
NOI $19,829 @ 7.0% cap · market cap 660.97%
Second Best
Office B
$268.8K
$235.2K – $313.7K
NOI $18,819 @ 7.0% cap · market cap 627.30%
Theoretical Best
Office A
$356.7K
$312.1K – $416.2K
NOI $24,970 @ 7.0% cap · market cap 832.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37310, TN
4,384
Population
1,736
Households
2.5
Avg Household Size
45
Median Age
10%
College-Educated
90%
High-School Grad
42.7 sq mi
ZIP Area
103
Density / Sq Mi
$76,401
Median Household Income
$42,090
Median Earnings
$848
Median Rent
$223,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Tennessee Valley Veterinary Clinic — 8908 Hiwassee St, Charleston, TN 37310
Frequently Asked Questions
What type of property is this?
Medical Office Space - A flexible clinical layout includes exam rooms, private offices, a lab, and patient reception space.
Where is this medical office space located?
The property is located at 8904 Hiwassee St NE Charleston, TN.
What are key features of this property?
This property features: 1,700 SF medical office built in 2017; Lead‑lined X‑ray room; Three exam rooms and two private offices
