115 Winwood Dr Lebanon, TN 37087
- Office Properties & Spaces
- 30,105 SF
- 1.63 lot acres
Current Use by Public Records
- Mr. John Interlandi / Internist / Practitioner Service Location
- Justin L Groce / Nurse Practitioner
- Cynthia Rector / Psychiatrist / Doctor
- Reform Psychiatry / Nurse Practitioner / Mental Health Service
- Dr. Robert Steves / Family Practice Physician
Property Details for 115 Winwood Dr
- Year built
- 2005
- Lot size
- 1.63 lot acres
- Property size
- 30,105 SF
- Property type
- Office Properties & Spaces
- APN
- 069 02500
- APU
- 6902500
Description
Winwood Professional Plaza, a Class B medical office building, presents a compelling investment opportunity in Lebanon, Tennessee. This single, two-story building, totaling 28,671 square feet, sits on a 1.6-acre lot at 115 Winwood Drive, conveniently located in Wilson County. Constructed in 2005 and renovated the same year, the property boasts 80 parking spaces and a single elevator. The building is currently multi-tenant, with a total of four suites. Significant space is available, ranging from 1,268 to 6,797 contiguous square feet, totaling 13,727 square feet of vacant space. This presents a unique chance to acquire a substantial portion of a well-maintained building in a thriving medical submarket. The property is zoned CG and benefits from its location near Noah Court. The building's modern design and amenities, combined with its prime location within a growing area, make it an attractive option for healthcare providers seeking established space or expansion opportunities. The building's existing medical tenants demonstrate the strong demand for this type of space in Wilson County. This is an exceptional opportunity to acquire a well-positioned medical office building with immediate occupancy potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,635,000
- 6.5%
- $3,415,000
- 7%
- $3,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,310,000
- Geo Method
- $3,300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,860,000
- Retail
- $3,700,000
- Mixed-Use
- $3,355,000
- Hospitality
- $2,835,000
- Educational
- $3,430,000
- Residential Income
- $3,880,000
- Energy
- $3,475,000
- Income-Based Land
- $3,170,000
- Food Service
- $3,400,000
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Wilson
- State
- Tennessee
- Longitude
- -86.3357
- Latitude
- 36.2155
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
