40 Caldwell StMt. Juliet, TN 37122

  • Office properties
  • 5,232 SF
For Lease
$21.50/SF/YR View listing

Property Details for 40 Caldwell St

Year built
2008
Construction
FRAME
Property size (Sq ft)
5,232 SF
Zone code
CTC
Property type
Office properties
APN
072H B 02400 002
APU
072HB02400002

Description

This exceptional Class A medical office suite, located within the prestigious Caldwell Professional Plaza in Mt. Juliet, Tennessee, presents a unique opportunity. Situated at 40 W Caldwell St, 37122, this 2,283 square foot space is part of a larger 23,215 square foot building constructed in 2008. The building features a total of six suites, offering a desirable environment for medical professionals. The suite itself is located on the second floor and benefits from a convenient covered canopy for patient drop-off and pick-up. Ample parking is provided with 80 spaces available for tenants and visitors. The property boasts meticulously maintained grounds and enjoys a prime corner location at the intersection of North Mt. Juliet Road and West Caldwell Street. Its proximity to the Mt. Juliet Town Center and its location just two miles from Interstate 40 ensures excellent accessibility and visibility. The zoning is classified as CTC. The building sits on 1.35 acres of land and is a single, two-story structure. Previously occupied by a thriving endodontics practice, this space is ready for immediate occupancy. The minimum divisible space is 2,283 square feet, and the maximum contiguous space available is also 2,283 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $903,839
    6.5%
    $834,313
    7%
    $774,719
  • Comparable approach

    Method
    Valuation
    Relative Method
    $450,371
    Geo Method
    $450,371
  • Alternative Use

    Use
    Valuation
    Residential
    $1,034,548
    Hospitality
    $947,640
    Educational
    $788,426
    Medical
    $815,541
    Retail
    $1,226,440

Location Insight

City
Mount Juliet
County
Wilson
State
Tennessee
Latitude
36.203
Longitude
-86.5191
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, 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
$5,399
-
$267,400
$267,400
-
-
$668,500
$668,500

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