905 Clingan Ridge Dr NW Cleveland, TN 37312
Property profile & analytics
905 Clingan Ridge Dr NW Cleveland, TN 37312
- Medical Office Space
- 8,237 SF
- 1.59 lot acres
Property ID
US80-1124640
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.
Location Intelligence
Current Use by Public Records
- Fresenius Kidney Care Bradley / Medical Clinic
- Holly Endo / Physician
- Dialysis Care Center Cleveland / Medical Clinic
Property Details for 905 Clingan Ridge Dr NW
- Year built
- 1997
- Lot size
- 1.59 lot acres
- Property size
- 8,237 SF
- Zone code
- CH
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 041L E 001.02 000
- APU
- 041LE00102000
Description
This exceptional investment opportunity presents a 7,284 square foot medical office building in Cleveland, Tennessee, fully leased to a credit-rated national dialysis care center under a 10-year NNN lease with 9 years remaining. The property boasts a 5.50% cap rate and a strong net operating income (NOI) of $213,950, with built-in rent bumps ensuring consistent income growth. Situated on a 1.59-acre lot at 905 Clingan Ridge Dr NW, Cleveland, TN 37312, the building was constructed in 1997 and is zoned CH1.59. The tenant, a well-established national company, provides significant stability and security for investors. The lease includes two lease options, further enhancing the long-term value of this asset. The property's location in a rapidly growing area of Cleveland, Tennessee, contributes to its strong investment potential. The asking price is $3,890,000, translating to a price per square foot of $534.05. This is a prime opportunity for investors seeking a stable, high-performing asset in the healthcare sector. The property offers a secure and predictable income stream, making it an attractive addition to any diversified portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.8734
- Latitude
- 35.187
- 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
$4,687
$83,720
$241,960
$325,680
-
$209,300
$604,900
$814,200
