657 Broadway BlvdJefferson City, TN 37760

Property Details for 657 Broadway Blvd

Year built

1993

Lot size

0.52 AC

Property size (Sq ft)

6,288 SF

Zone code

R-1

Property type

Office properties

Property subtype

Other office properties

APN

015O C 00100 002

APU

015OC00100002

Description

This exceptional Class A medical office building, located at 657 E. Broadway Blvd in Jefferson City, Tennessee, presents a unique leasing opportunity. The property boasts a total of 12,015 square feet across two stories, situated on a generous 6.09-acre lot. Currently, a single, 2,800-square-foot suite is available for lease, ideal for a variety of medical practices. Built in 1985, the building features ample parking to accommodate patients and staff. The property's convenient location offers excellent visibility and accessibility, enhanced by a drive-up window—a feature particularly beneficial for pharmacies or other businesses requiring quick customer service. The versatile layout of the available suite allows for customization to meet specific business needs. The property's Jefferson County location, with a zip code of 37760, provides easy access to local amenities and a strong patient base. This is a rare opportunity to secure a prime medical office space in a thriving Tennessee community. The property's APN is 015 82.02.

• CAP approach

  CAP return

  Valuation

  6%

  $1,608,676

  6.5%

  $1,484,932

  7%

  $1,378,865

• Comparable approach

  Method

  Valuation

  Relative Method

  $517,691

  Geo Method

  $517,691

• Alternative Use

  Use

  Valuation

  Residential

  $1,841,316

  Hospitality

  $1,686,635

  Educational

  $1,403,261

  Medical

  $1,451,521

  Retail

  $2,182,850

Location Insight

City

Jefferson City

County

Jefferson

State

Tennessee

Latitude

36.1293

Longitude

-83.4635

CBSA code

34100

CBSA name

MORRISTOWN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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