Property profile

303 Medical Park Dr Lenoir City, TN 37772

OFF-MARKET
Medical Office Space
Property ID
US80-1345893
4,395 SF 0.8 ac lot Built 2016
Entity Owned 10-yr Hold Absentee Owner
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Construction FRAME
Total area 4,395 SF
Lot 0.8 ac (34,848 SF)
Zoning code C-3
APN 053015F A 00201
UPID US80-1345893

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 Medical Clinic
  • Medical Clinic
  • Pediatrician Medical Clinic

Location

303 Medical Park Dr Lenoir City, TN 37772-6473
Lenoir City metro Census 60301 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$860k
Comparable Approach Comparable
$690k
Blend (final) Blend
$270k

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
Price N/A
2016
$220,000
2014
$675,000
2013
$65,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Lenoir City, TN
Zoning description

408. C-3, Highway Commercial District. The C-3, Highway Commercial District is established to p rovide for g eneral commercial activity along major collectors and arterial highways. The regulations are designed to encour…

General category COMMERCIAL

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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