Property profile

1608 Williams Dr 1-A Murfreesboro, TN 37129

OFF-MARKET
Medical Office Space
Property ID
US80-1810958
1,398 SF Built 2011
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical office condo, located at 1608 Williams Drive in Murfreesboro, Tennessee, presents a unique investment opportunity. Boasting 2,367 square feet of space on the second floor of a three-story building, this property is priced at $925,000 ($390.79/SF). The sale includes all fixtures, furniture, and equipment, making it turnkey ready for immediate occupancy on June 18, 2024. Situated in the prestigious Gateway Business District, this prime location offers unparalleled convenience, with close proximity to St. Thomas Rutherford Hospital and the Murfreesboro Medical Clinic Campus. The property is zoned for commercial use and benefits from its strategic position within a thriving medical hub. Note that an existing medical practice within the space may be acquired separately. This presents a rare opportunity to acquire a fully equipped medical office condo in a high-demand area, ideal for both established practices and new ventures. The property is part of a single-building complex. Serious inquiries are encouraged.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Total area 1,398 SF
APN 091A-C-003.00-C-001
UPID US80-1810958

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
  • Title Company
  • Medical Clinic Skin Care Clinic
  • Crisis Center Medical Clinic
  • Marriage Or Relationship Counselor
  • Physician Medical Clinic

Location

1608 Williams Dr, Unit 1-A Murfreesboro, TN 37129-3194
Murfreesboro metro Census 40901 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

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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