316 Harper StTroy, TN 38260

Property Details for 316 Harper St

Year built

1969

Lot size

0.55 AC

Property size (Sq ft)

2,931 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

066093J C 01000

APU

066093JC01000

Description

This exceptional 5,302 square foot medical office building, located at 316 W. Harper St, Troy, TN 38260, presents a unique owner-user opportunity. Built in 1969 and extensively renovated in 2015, the property boasts a modern yet comfortable atmosphere. The building features a thoughtfully designed floor plan, ideal for a variety of medical practices. Its two-wing layout allows for efficient separation of services or departments, enhancing privacy and workflow. A welcoming fireplace adds to the building's comfortable ambiance. Ample parking is provided with 45 spaces, ensuring convenient access for patients and staff. The property is currently vacant, offering immediate occupancy for a new owner. The asking price is $375,000. This prime Obion County location provides excellent visibility and accessibility. The property's size and layout make it suitable for a range of medical specialties. Don't miss this chance to acquire a well-maintained, ready-to-occupy medical facility in a desirable location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $669,964

  6.5%

  $618,429

  7%

  $574,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $228,501

  Geo Method

  $228,501

• Alternative Use

  Use

  Valuation

  Residential

  $766,851

  Hospitality

  $702,432

  Educational

  $584,415

  Medical

  $604,514

  Retail

  $909,090

Location Insight

City

Troy

County

Obion

State

Tennessee

Latitude

36.339

Longitude

-89.1612

CBSA code

46460

CBSA name

UNION CITY, TN-KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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