1203 College StBrownsville, TN 38012

Property Details for 1203 College St

Year built

2005

Lot size

1.79 AC

Property size (Sq ft)

4,291 SF

Zone code

GC

Property type

Medical offices

Property subtype

Medical centers

APN

067 01316

APU

6701316

Description

This exceptional office building, located at 1203 E College St in Brownsville, Tennessee, presents a compelling investment opportunity. Boasting a substantial 4,291 square feet of space, this property sits on a generous 1.79-acre lot, offering ample room for expansion, parking, or future development. The building's current configuration is ideal for a variety of office uses, providing flexibility for businesses seeking a comfortable and functional workspace. The asking price of $489,000 represents significant value in the Brownsville commercial real estate market. The property's location on E College St offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. Given the size of the lot and the building's square footage, this property is well-suited for a range of businesses, from small startups to established companies requiring significant space. The ample land provides potential for future expansion or the addition of outdoor amenities. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and floor plans are available upon request. This is a rare opportunity to acquire a substantial office building in a desirable location at an attractive price point. Don't miss out on this chance to secure a valuable asset in the thriving Brownsville market.

• CAP approach

  CAP return

  Valuation

  6%

  $980,831

  6.5%

  $905,383

  7%

  $840,713

• Comparable approach

  Method

  Valuation

  Relative Method

  $334,526

  Geo Method

  $334,526

• Alternative Use

  Use

  Valuation

  Residential

  $1,122,675

  Hospitality

  $1,028,364

  Educational

  $855,587

  Medical

  $885,012

  Retail

  $1,330,913

Location Insight

City

Brownsville

County

Haywood

State

Tennessee

Latitude

35.6056

Longitude

-89.2458

CBSA code

15140

CBSA name

BROWNSVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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