520 Cook StMadisonville, TN 37354
- Office properties
- 2,298 SF
Property Details for 520 Cook St
- Year built
- 2004
- Lot size
- 0.26 AC
- Property size (Sq ft)
- 2,298 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 062067D J 00403
- APU
- 062067DJ00403
Description
This exceptional office space, located at 520 Cook St in Madisonville, Tennessee, offers a unique opportunity for businesses seeking a versatile and well-positioned location. The property is a Class B building totaling 9,900 square feet, currently featuring one suite available for lease. This particular suite comprises 1,000 square feet of adaptable space, perfect for a variety of professional uses. Previously utilized as a physical therapy and healthcare office, the layout includes a reception area, multiple large open spaces ideal for collaborative work or individual offices, a convenient utility room, and a significant feature: a large therapy pool. This could be repurposed for various needs depending on the tenant's requirements. The building's location is highly advantageous, situated on the main thoroughfare of Madisonville, ensuring excellent visibility and accessibility. Ample parking is readily available, a key benefit in this busy commercial corridor. Beyond the immediate 1,000 square foot space, there is an additional 1,700 square feet of professional office space available in a separate building on the property, offering potential for expansion or additional workspace. The property is in Monroe County, Tennessee, zip code 37354. This listing presents a rare chance to secure a well-maintained, conveniently located office space in a thriving commercial area. The property is categorized as Traditional Office, Executive Office, and Creative Office space, offering flexibility for diverse business needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $494,092
- 6.5%
- $456,085
- 7%
- $423,508
-
Comparable approach
- Method
- Valuation
- Relative Method
- $378,817
- Geo Method
- $448,248
-
Alternative Use
- Use
- Valuation
- Residential
- $565,545
- Hospitality
- $518,037
- Educational
- $431,000
- Medical
- $445,823
- Retail
- $670,445
Location Insight
- City
- Madisonville
- County
- Monroe
- State
- Tennessee
- Latitude
- 35.5178
- Longitude
- -84.3599
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].