Property profile

1516 Reelfoot Ave Union City, TN 38261

OFF-MARKET
Medical Office Space
Property ID
US80-1193786
35,860 SF 2.97 ac lot Built 1967
Individually Owned ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,860 SF
Lot 2.97 ac (129,373 SF)
APN 066058A J 00500
UPID US80-1193786

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
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Pediatrician Medical Clinic
  • Physician

Location

1516 Reelfoot Ave Union City, TN 38261-5850
Union City metro Census 965700 UNION CITY, TN-KY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.31M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.32M

Owner & transaction history

since 2026
Last sale
$970,000
7 recorded transactions
2026
$970,000
2020
$950,000
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A

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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