Technical
Financial
Distress signals
Property profile

850 3rd N St Morristown, TN 37814

OFF-MARKET
Medical Office Space
Property ID
US80-1324264
16,320 SF 0.87 ac lot Built 1991
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction WOOD
Total area 16,320 SF
Lot 0.87 ac (37,897 SF)
APN 032033M A 00500
UPID US80-1324264

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

850 3rd N St Morristown, TN 37814-3824
Morristown metro Census 100400 MORRISTOWN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2022
Last sale
$999,900
4 recorded transactions
2022
$999,900
2010
Price N/A
1994
Price N/A
1991
$100,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.7M +11.8%
Commercial (general) $1.6M +6.9%

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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