Property profile

1400 Willow Dr Manchester, TN 37355

FOR SALE
Medical Office Space
Property ID
US80-3563122
2,872 SF 0.34 ac lot Built 1957
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 1400 Willow Dr, offers 2,770 square feet of versatile space ideal for medical or general office use. Situated on a 0.3-acre lot, this Class B building boasts a recent 2020 renovation, seamlessly blending modern amenities with its 1957 charm. The single-story structure features two private offices, seven patient examination rooms, a nurse's station, a lab, a spacious waiting/reception area, four bathrooms, and a convenient break room with a kitchen. Three separate entrances cater to staff, patients, and provide a private rear access point. Ample parking surrounds the building, maximizing patient/client convenience. The property includes plentiful storage closets throughout, plus an attached outdoor storage area. Accessibility is ensured with an ADA-compliant wheelchair ramp at the lobby entrance. The rear bathroom is slated for renovation for the incoming tenant. The building is zoned commercial and is conveniently located near McArthur Street. This property presents a unique opportunity for a business seeking a well-maintained, functional space with excellent accessibility and ample parking. The recent renovation ensures modern functionality and efficiency, making it ready for immediate occupancy.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1957
Total area 2,872 SF
Lot 0.34 ac (14,810 SF)
Zoning code C2
APN 016085H B 01300
UPID US80-3563122

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Physician
  • Medical Clinic
  • Physician
  • Physician

Location

1400 Willow Dr Manchester, TN 37355
Manchester metro Census 970502 TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2022
Last sale
$317,000
7 recorded transactions
2022
Price N/A
2022
$317,000
2017
Price N/A
2014
$1.3M
2005
$87,500
2004
$1.0M
1999
$69,000

Zoning & alternative use

C2 · Manchester, TN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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