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316 Harper St Troy, TN 38260-5951

Medical Office Space Google Maps
2,931 SF 0.55 ac lot Built 1969
Individually Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US80-0819253

Property summary

AI-generated overview

This exceptional 5,302 square foot medical office building, located at 316 W. Harper St, Troy, TN 38260, presents a unique owner-user opportunity. Built in 1969 and extensively renovated in 2015, the property boasts a modern yet comfortable atmosphere. The building features a thoughtfully designed floor plan, ideal for a variety of medical practices. Its two-wing layout allows for efficient separation of services or departments, enhancing privacy and workflow. A welcoming fireplace adds to the building's comfortable ambiance. Ample parking is provided with 45 spaces, ensuring convenient access for patients and staff. The property is currently vacant, offering immediate occupancy for a new owner. The asking price is $375,000. This prime Obion County location provides excellent visibility and accessibility. The property's size and layout make it suitable for a range of medical specialties. Don't miss this chance to acquire a well-maintained, ready-to-occupy medical facility in a desirable location. Serious inquiries are encouraged.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1969
Total area 2,931 SF
Lot 0.55 ac (23,970 SF)
APN 066093J C 01000
UPID US80-0819253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2019
5 recorded transactions
2026
Price N/A
2019
$285,000
2015
$329,700
1996
$16,000
1995
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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