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Roane Medical Plaza & Land 2497 S Roane St 26,292 SF Office Building Harriman, TN 37748 $2,643,451 CAD ($100.54 CAD/SF) 5.70% Cap Rate
Investment Highlights
- Great location on the corner of Hwy 382 & Roane St
- Ground level access in the back, as well as side access.
- High profile medical office building.
- Fully built out Lobby, exam rooms, kitchen/break room, bathrooms all included.
Executive Summary
The Roane Medical Plaza is a beautiful office facility located on the corner of Hwy 382 and S Roane Street in Harriman. This property offers 8,922 SF of contiguous medical space available for immediately move-in to new owner-occupant or tenant. It comes fully equipped with a built-out lobby, exam rooms, and a kitchen/break room. Simply a great location with a motivated seller!
High profile medical office building
Great location corner of Hwy 382 | Roane St
Ground level access in the back, side access
Suite 210 - 2353 SF
Suite 220 - 2004 SF
Suite 230 - 1970 SF
Suite 240 - 2595 SF
$15.00 PSF - Modified Gross
Prominent visibility on S Roane St
Modern and well-maintained facilities
Flexible floor plans to accommodate diverse needs
Ample parking for tenants and visitors
Close proximity to major transportation routes
Existing Medical Space
High profile medical office building
Great location corner of Hwy 382 | Roane St
Ground level access in the back, side access
Suite 210 - 2353 SF
Suite 220 - 2004 SF
Suite 230 - 1970 SF
Suite 240 - 2595 SF
$15.00 PSF - Modified Gross
Prominent visibility on S Roane St
Modern and well-maintained facilities
Flexible floor plans to accommodate diverse needs
Ample parking for tenants and visitors
Close proximity to major transportation routes
Existing Medical Space
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
26,292 SF
Building Class
B
Year Built
1997
Price
$2,643,451 CAD
Price Per SF
$100.54 CAD
Cap Rate
5.70%
NOI
$150,778 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,500 SF
Building FAR
0.12
Lot Size
5.21 AC
Zoning
C-2 - Commercial
Parking
134 Spaces (5.36 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Fully built-out medical office space that includes a kitchen/breakroom and a reception area.
Fully built-out, second floor medical office space in excellent condition.
Fully built-out, second floor medical office space in excellent condition.
Fully built-out, second floor medical office space in excellent condition.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 210 | 2,353 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 220 | 2,004 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 230 | 1,970 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 240 | 2,595 SF | Office | Full Build-Out | 30 Days |
2nd Fl-Ste 210
| Size |
| 2,353 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 220
| Size |
| 2,004 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 230
| Size |
| 1,970 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 240
| Size |
| 2,595 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 210
| Size | 2,353 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Fully built-out medical office space that includes a kitchen/breakroom and a reception area.
2nd Fl-Ste 220
| Size | 2,004 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Fully built-out, second floor medical office space in excellent condition.
2nd Fl-Ste 230
| Size | 1,970 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Fully built-out, second floor medical office space in excellent condition.
2nd Fl-Ste 240
| Size | 2,595 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Fully built-out, second floor medical office space in excellent condition.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 045-022.10 | Total Assessment | $1,136,882 CAD |
| Land Assessment | $257,846 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $879,037 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
045-022.10
Land Assessment
$257,846 CAD
Improvements Assessment
$879,037 CAD
Total Assessment
$1,136,882 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Roane Medical Plaza & Land | 2497 S Roane St
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