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    316 Harper St Troy, TN 38260

    For Sale
    $375,000

    Vacant, 5302 SF Medical Office, $375K

    Property size:
    5,302 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5,302 square foot medical office building, located at 316 W Harper St in Troy, Tennessee, presents a unique owner-user opportunity. Built in 1969 and extensively renovated in 2015, the property boasts a modern yet comfortable atmosphere, including a welcoming fireplace. The building's intelligent design features two distinct wings, ideal for separating different medical services or departments, ensuring privacy and efficiency. Ample parking is provided with 45 spaces, conveniently accessible to both wings of the building. Situated on a 0.57-acre lot, this vacant property offers immediate occupancy for a medical practice seeking a turnkey solution. The asking price is $375,000, translating to $70.73 per square foot. The property's location in Troy, TN (zip code 38260), within Obion County, offers excellent visibility and accessibility for patients. This well-maintained building provides a seamless transition for any medical practice looking to establish or expand its operations. The thoughtful floor plan and ample parking make this a highly desirable property. Don't miss this chance to acquire a ready-to-occupy medical facility in a prime location.

    Property Features for 316 Harper St

    General Information

    Property type
    Medical offices
    Square Feet
    5,302 SF
    Lot Size
    24,829 SF

    Building Details

    Year Built/Renovated
    1969/2015

    HighLights

    • $375,000 asking price.
    • 5,302 square foot medical office building.
    • Located at 316 W Harper St, Troy, TN 38260 on a 0.57‑acre lot.
    • Vacant, owner‑user opportunity.
    • $70.73 per square foot.
    • Built in 1969, renovated in 2015.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Cynthia H. ... Pathologist

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Daycare Center Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Obion
    State
    Tennessee
    Longitude
    -89.161112
    Latitude
    36.3387942

    Nearby Comparable

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      Troy Medical Office Building

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      316 Harper St, Troy, TN 38260
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      Prime Commercial Land on Hwy 51

      5.7 acres of commercial land with highway frontage.
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    Nearby Similar for Sale

    • $299,900
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      Troy TN Investment Opportunity

      Six-unit rental package generating over $4,800 monthly income.
      207 Main St, Troy, TN 38260
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    • $1,471,300

      New Family Dollar Store Investment

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    • $375,000
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      Troy Medical Office Building

      5,302 SF Medical Office - Vacant
      316 Harper St, Troy, TN 38260
      View Details

    FAQs

    What type of property is this?
    Medical office - Vacant, 5302 SF Medical Office, $375K
    Where is this medical office located?
    The property is located at 316 Harper St Troy, TN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price.; 5,302 square foot medical office building.; Located at 316 W Harper St, Troy, TN 38260 on a 0.57-acre lot.
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    Troy, TN 38260
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    Realmo Value Estimation

    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.

    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.

    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
    316 Harper St Troy, TN 38260
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