Property profile

601 Med Tech Pkwy Johnson City, TN 37604

OFF-MARKET
Medical Office Space
Property ID
US80-0402123
15,015 SF 2.26 ac lot Built 2000
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,015 SF
Lot 2.26 ac (98,446 SF)
APN 045C A 00500
UPID US80-0402123

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
  • Medical Clinic Hospital

Location

601 Med Tech Pkwy Johnson City, TN 37604-2253
Johnson City metro Census 60402 JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2019
6 recorded transactions
2019
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.4M +14.6%

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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