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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

106 Rosgosin Dr Elizabethton, TN 37643

7,200 SF 0.39 ac lot Built 1969
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1969
Total area 7,200 SF
Lot 0.39 ac (16,988 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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