Financial
Distress signals
Property profile

609 Mcfarland St Morristown, TN 37814

OFF-MARKET
Medical Office Space
Property ID
US80-1686767
15,654 SF 1.21 ac lot Built 1991
Last sale Feb 2024 · $2,270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$537k
Assessed land$51k
Assessed improvement$487k

Value estimate

· Sep 2026
$2.27M
$2.04M – $2.50M
AI approach$2.27M
Submarket $/SF estimate$1.40M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OMP
This district is intended to provide areas for professional, medical, and related businesses requiring separate buildings and building gr...
General categoryMIXED_USE
JurisdictionHAMBLEN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.6
Convenience Store10.6
Electrical Service10.5

Location

609 Mcfarland St Morristown, TN 37814-3976
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
424 High, Morristown, TN 37814-3863 $575,000 Nov 2023 11,073 SF
3004 Andrew Johnson, Morristown, TN 37814-3615 $1,675,000 Jul 2023 16,536 SF
850 3rd N, Morristown, TN 37814-3824 $999,900 Mar 2022 16,320 SF
611 7th N, Morristown, TN 37814-3954 $600,000 Mar 2022 18,636 SF
622 1st N, Morristown, TN 37814-4544 $675,000 May 2021 9,806 SF
3001 Andrew Johnson, Morristown, TN 37814-3614 $1,200,000 Dec 2020 14,818 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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