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    4472 Ellis NW Cir Cleveland, TN 37312-3326
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    Property profile & analytics

    4472 Ellis NW Cir Cleveland, TN 37312-3326


    • Medical Office Space
    • 12,813 SF
    • 1.35 lot acres
    Off-Market
    Last Sale Aug 25, 2021
    $2,500,000
    Property ID
    US80-1077733
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,385,000
    Show details
    Cap Rate Potential
    6.6%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • RefinedLooks Plastic Surgery / Medical Clinic
    • RefinedLooks Spa Cleveland / (Bike/Boat/Book/etc) Store / Cosmetic Store

    Property Details for 4472 Ellis NW Cir

    Year built
    2022
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.35 lot acres
    Property size
    12,813 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    034I A 004.00 000
    APU
    034IA00400000

    Description

    This exceptional Class A medical office building, totaling 12,000 square feet, presents a unique investment opportunity in Cleveland, TN's thriving healthcare market. Situated on Paul Huff Parkway, with convenient access to I-75, this single-story building boasts a prime location experiencing significant population growth and economic expansion. Currently configured with 8,000 square feet of built-out medical space and 4,000 square feet of shell space, the property offers flexibility for various medical specialties. The building features modern infrastructure, including updated plumbing and electrical systems, and is ADA compliant. A total of three suites are available, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 12,000 square feet. Ample parking is provided for patients and staff. The high-traffic location on Paul Huff Parkway, with approximately 22,000 daily commuters, ensures excellent patient accessibility. This property is ideally suited for established medical practices seeking expansion or new practices looking to establish a presence in a rapidly growing market. Built in 2022, the building offers a modern and efficient layout, adaptable to various healthcare needs, from primary care to specialized clinics. The strategic location and flexible space make this an exceptional opportunity to capitalize on Cleveland's burgeoning healthcare sector.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,270,000
      ML approach
      $2,350,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,490,000
      6.5%
      $2,300,000
      7%
      $2,135,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.8633
    Latitude
    35.2122
    CBSA code
    17420
    CBSA name
    CLEVELAND, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,529
    $212,960
    $657,560
    $870,520
    -
    $532,400
    $1,643,900
    $2,176,300
    More about this property
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