$1,600,000
$1,695,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
4913 RALEIGH COMMON DR Unincorporated, TN 38128
18,298 SqFt
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 18,298 sqft
Price per Sqft $87
Subdivision Raleigh Commons Pd Ph 3 Area D
MLS Listing ID 9964142
Sold Date 01/07/16
Year Built 2001
Annual Tax Amount $18,819
Property Sub-Type Office
Property Description
Cap Rate 9.8%. 90% Occupancy. Includes excess land to construct up to a 2-Story 10,000 SF Office Building Well maintained one story Class B Office/Medical Bldg. Corner lot location with excellent street visibility with 260 FT. of road frontage. Located in a fully developed Commercial, Retail and Residential area. Walmart Supercenter, Kroger Grocery & Fuel Center, Methodist Hospital 246 Bed Medical Complex.
Location
State TN
County Shelby
Area Raleigh/Singleton
Zoning Commer
Interior
Heating Central, Gas, Heat Pump
Cooling Central Cooling, Electric Cooling
Flooring Vinyl, Partial Carpet, W/W Carpet
Exterior
Parking Features Asphalt/Blacktop, Attached, 31-75 Spaces
Roof Type Metal,Pitched
Building
Story 1
Foundation Slab
Water Electric Hot Water, Public Water, Public Sewer
Others
Acceptable Financing Cash
Listing Terms Cash
Read Less
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Bought with NON-MLS NON-BOARD AGENT • NON-MLS OR NON-BOARD OFFICE