106 Rosgosin Dr Elizabethton, TN 37643
This exceptional 7,200-square-foot mixed-use property, located at 106 Rosgosin Dr. in Elizabethton, Tennessee, presents a compelling investment opportunity. The Class A building, constructed in 1969 and extensively renovated in 2004 and 2022, boasts a prime location within Elizabethton's Medical Square, just a block from the high school. Currently configured as a multi-tenant building with three units, the property features a main floor currently used as a medical office and two ground-floor spaces. One ground-floor space is occupied by a long-term tenant, while the second space has a prospective tenant commencing in January 2025. The building offers ample parking with 20 spaces, both front and rear. The 0.39-acre lot houses a two-story building, well-maintained and cost-effective to operate, with complete maintenance records available. The property is offered for sale at $1,200,000, with the owner demonstrating flexibility regarding sale or lease dates. The gross lease, currently in place, runs from October 2, 2024, to December 30, 2024, with an occupancy date of October 29, 2024. The property is easily adaptable to various professional office uses, making it an ideal owner-user investment. This is a move-in ready facility, perfect for a medical practice or other professional office space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.