Property profile

550 Town Crk E Rd Lenoir City, TN 37772

OFF-MARKET
Medical Office Space
Property ID
US80-0910456
16,178 SF 2.11 ac lot Built 2010
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2010
Construction FRAME
Total area 16,178 SF
Lot 2.11 ac (91,912 SF)
Zoning code C-3
APN 053015 08100
UPID US80-0910456

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
  • Dental Office
  • Dental Office
  • Physician
  • Dental Office

Location

550 Town Crk E Rd Lenoir City, TN 37772-6289
Lenoir City metro Census 60301 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.90M
CAP Approach CAP
$3.17M
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$3.11M

Owner & transaction history

since 2021
Last sale
$3.0M
6 recorded transactions
2021
Price N/A
2021
$3.0M
2017
$3.2M
2008
Price N/A
2008
Price N/A
2005
$550,000

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
Top alternative use upside
Restaurant $1.9M +21.7%

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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