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Property profile & analytics
OFF-MARKET Estimated value $4,455,000
Office Spaces

115 Winwood Dr Lebanon, TN 37087-1340

30,105 SF 1.63 ac lot Built 2005
Entity Owned 5-yr Hold Free & Clear
Property ID
US80-3527417
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2005
Total area 30,105 SF
Lot 1.63 ac (71,003 SF)
APN 069 02500
UPID US80-3527417
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
Current use
Occupant on record · Public records
  • Mr. John Interlandi Physician
  • Justin L Groce Physician
  • Cynthia Rector Physician
  • Reform Psychiatry Crisis Center Medical Clinic
  • Dr. Robert Steves Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.18M
CAP Approach CAP
$5.92M
Comparable Approach Comparable
$5.02M
Blend (final) Blend
$4.46M
Owner & transaction history
3ls Properties INC · 5 yrs held
3ls Properties INC
since 2021
Last sale
$3.5M
7 recorded transactions
2026
Price N/A
2021
$3.5M
2017
Price N/A
2004
$400,100
1999
$168,500
1991
$137,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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