221 Oak Ave Cookeville, TN 38501-2437
This exceptional medical office building, located at 221 N. Oak Ave in Cookeville, Tennessee, presents a unique investment opportunity. The property, built in 1974 and zoned CM, boasts a total of 6,351 square feet, with 4,900 square feet currently available for lease. The building is configured to suit a variety of medical practices, featuring eight examination rooms, two patient restrooms, a dedicated phlebotomy area, an X-ray room, and four physician's offices. The multiple tenancy structure allows for flexibility and potential for growth. Situated in Cookeville, TN, zip code 38501, this property offers convenient access to a thriving community. The ample square footage and well-designed layout provide an ideal setting for a medical practice seeking expansion or a new establishment looking for a turnkey solution. The existing infrastructure is ready for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. This is a rare opportunity to acquire a well-positioned medical office building in a desirable location. The property's size and layout offer significant potential for a variety of medical uses, making it an attractive option for both established and emerging medical professionals. Serious inquiries are encouraged to explore this exceptional opportunity further.
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Dr. Richard I. Williams, MD Physician
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Kristine S. Germann, PA Physician
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Rajiv Sinanan Physician Medical Clinic
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Quality Private Duty Care Home Health Care Service
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Dr. Virin Ramoutar Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM · Cookeville, TNCookeville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.