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Property profile & analytics
OFF-MARKET Estimated value $640,000
Office Spaces

98 Mariner Pt Dr Clinton, TN 37716-7912

4,064 SF 1.25 ac lot Built 1996
Entity Owned 7-yr Hold Free & Clear
Property ID
US80-0915998
Property summary
AI-generated overview

This exceptional 4,356 square foot Class B office building, situated on 1.25 acres in Clinton, Tennessee, presents a unique investment opportunity. Currently operating as a well-established daycare center with a waiting list, this versatile property offers significant potential for diverse uses. The spacious layout, featuring six rooms each with exterior access, is ideal for collaborative work environments or businesses requiring large, adaptable spaces. The building boasts a full kitchen equipped with a commercial dishwasher, a recently replaced rubber roof (approximately 3 years old), and four high-efficiency heat pumps (all less than 4 years old). Recent upgrades include new cabinets and countertops, a state-of-the-art security system, shatter-proof windows and doors, new flooring, a new sink, and key fob access for enhanced security. Constructed of concrete block, the building is wheelchair accessible and benefits from its convenient location, providing easy access to Clinton, Oak Ridge, and nearby research labs. The sale includes the existing daycare business and all fixtures. This property represents a compelling combination of established income potential and future development possibilities. The asking price is $650,000. The address is 98 Mariner Point Dr, Clinton, TN 37716.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1996
Total area 4,064 SF
Lot 1.25 ac (54,450 SF)
APN 001081 09505
UPID US80-0915998
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Small Wonders Nursery School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$685k
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Small Wonders INC · 7 yrs held
Small Wonders INC
since 2019
3 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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