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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    702 Main St Clinton, TN 37716-3143

    • Medical offices
    • 6,399 SF
    • 2.16 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0442905
    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.

    Current Use by Public Records

    • DaVita Clinch River Dialysis / Dialysis Center / Medical Center
    • Clinton Dialysis Clinic LLC / Dialysis Center

    Property Details for 702 Main St

    Year built
    2009
    Lot size
    2.16 lot acres
    Property size
    6,399 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    001074B A 00303
    APU
    001074BA00303

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.1319
    Latitude
    36.1104
    CBSA code
    28940
    CBSA name
    KNOXVILLE, 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
    0
    $0.00
    $50,600
    $179,480
    $230,080
    -
    $126,500
    $448,700
    $575,200

    Comparable in this City

    • Value Estimation by Request
      2,097 SF

      123 Leinart St

      MEDICAL BUILDING • 2,097 SF
      123 Leinart St, Clinton, TN 37716-3626
      View Details
    • Value Estimation
      $535,000
      3,680 SF

      350 Charles G Seivers Blvd

      MEDICAL BUILDING • 3,680 SF
      350 Charles G Seivers Blvd, Clinton, TN 37716-3929
      View Details
    • Value Estimation by Request
      4,346 SF

      180 Edgewood Ave

      MEDICAL BUILDING • 4,346 SF
      180 Edgewood Ave, Clinton, TN 37716-2817
      View Details
    • Value Estimation
      $770,000
      6,300 SF

      121 Frank L Diggs Dr

      MEDICAL BUILDING • 6,300 SF
      121 Frank L Diggs Dr, Clinton, TN 37716-6953
      View Details
    • Value Estimation
      $710,000
      5,292 SF

      2681 Andersonville Hwy

      MEDICAL BUILDING • 5,292 SF
      2681 Andersonville Hwy, Clinton, TN 37716-6706
      View Details
    • Value Estimation
      $1,920,000
      11,222 SF

      2130 Charles G Seivers Blvd

      MEDICAL BUILDING • 11,222 SF
      2130 Charles G Seivers Blvd, Clinton, TN 37716-6705
      View Details

    Similar Nearby for Sale

    • $2,200,000
      85.60 Acres

      85 Acres Near Downtown Clinton

      85-acre property suitable for development near downtown Clinton, Tennessee.
      Lake City Hwy, Clinton, TN 37716
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    • $255,000

      Retail/Office Space on Charles G

      Retail or office space with high visibility and accessibility.
      927 S Charles G Seivers Blvd, Clinton, TN 37716
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    • $79,000
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      Clinton, TN Wooded Land Parcel

      Wooded land parcel in Clinton, TN, ideal for basement build.
      118 Pleasant Vw Loop Rd, Clinton, TN 37716
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    • $99,000
      1.00 Acre

      Clinton, TN Wooded Land Parcel

      Wooded lot in Clinton, perc tested and approved for building.
      114 Pleasant Vw Loop Rd, Clinton, TN 37716
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    • $79,000
      1.60 Acres

      Wooded Land in Clinton, TN

      Wooded lots ideal for basement-style homes near Clinton High School.
      126 Pleasant Vw Loop Rd, Clinton, TN 37716
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    • $2,000,000

      25 Acres on Norris Freeway

      25 acres suitable for residential or commercial development.
      441 Norris Fwy, Clinton, TN 37716
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    Similar Nearby for Lease

    • $21 SF/Yr
      6,300 SF

      Move-in Ready Medical Office Spaces

      Two medical office spaces available for lease.
      151-159 Frank L Diggs Rd, Clinton, TN 37716
      View Details
    • $2,200,000
      3,274 SF

      Office Space Near I-75

      Office space suitable for medical or general use for rent.
      1921 N Charles G Seivers Blvd, Clinton, TN 37716
      View Details
    • $24 SF/Yr
      8,558 SF

      Clinton Office Space For Rent

      Spacious office property in a desirable Clinton location.
      1107 N Charles G Seivers Blvd, Clinton, TN 37716
      View Details
    • Contact for pricing
      66,278 SF

      Prime Clinton Industrial Space

      66,278 SF Warehouse, I-75 Access
      640 Northpark Dr, Clinton, TN 37716
      View Details
    • $699,000
      551 SF

      Restaurant/Retail Opportunity on Highway 61

      Two buildings with road frontage, suitable for restaurant/retail use.
      139 Little Senator Cir, Clinton, TN 37716
      View Details
    • $15 SF/Yr
      900 SF

      Retail Space in Centre Plaza

      Grocery-anchored retail space for lease in Clinton, Tennessee.
      1115 N Charles G Seivers Blvd, Clinton, TN 37716
      View Details
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    702 Main St
    Clinton, TN 37716-3143
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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