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Property profile & analytics
OFF-MARKET Estimated value $840,000
Office Spaces

1235 Mcarthur St Manchester, TN 37355-2423

4,984 SF 0.99 ac lot Built 1952
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US80-0364337
Property summary
AI-generated overview

This exceptional Manchester, TN commercial property presents a unique investment opportunity. The 0.96-acre lot encompasses two buildings totaling nearly 7,000 square feet of space. Currently operating under a single parcel, the seller is open to dividing the property. Option one involves purchasing the entire property for $895,000. This includes a 4,416 square foot rehabilitation center situated on a 0.58-acre lot, and a second 2,500 square foot building on a 0.39-acre lot, complete with a fenced area. Alternatively, the rehabilitation center building and its 0.58-acre lot can be purchased separately for $695,000. A third option allows for the purchase of the 2,500 square foot building and its 0.39-acre lot for $300,000. This property boasts a highly desirable commercial location within a rapidly expanding area of Manchester. Aerial views illustrating potential property divisions are available. This is a rare chance to acquire a substantial commercial property, either as a whole or in individual parcels, in a thriving market. The flexibility of purchase options makes this an attractive proposition for a variety of investors.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1952
Total area 4,984 SF
Lot 0.99 ac (43,000 SF)
APN 016085H B 01600
UPID US80-0364337
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
  • TOP Rehab Services Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$883k
Blend (final) Blend
$840k
Owner & transaction history
Ben Lomand Rural Telephone Coop INC
Ben Lomand Rural Telephone Coop INC
since 2025
Last sale
$815,000
7 recorded transactions
2025
$815,000
2022
$500,000
2019
Price N/A
2017
Price N/A
2017
Price N/A
2011
Price N/A
2004
$1.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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