Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1423 Morris Blvd Morristown, TN 37813

OFF-MARKET
Medical Office Space
Property ID
US80-0294816
11,357 SF 1.55 ac lot Built 1991
Last sale May 2024 · $1,300,000
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.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This healthcare property is located at 1423 W Morris Blvd in Morristown, Tennessee. The facility has been leased to Amedisys, a home health and hospice provider that began a five-year lease in 2021 and includes annual rent escalations. The property is a healthcare-use facility configured for home health and hospice operations, and public remarks associated with the listing reference local population growth of 5% since 2010 with a projected increase through 2027.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$588k
Assessed land$107k
Assessed improvement$480k

Value estimate

· Oct 2026
$1.30M
$1.17M – $1.43M
AI approach$1.30M
Submarket $/SF estimate$887k

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHAMBLEN

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.0
HVAC Service10.7
Auto Parts Store9.9

Location

1423 Morris Blvd Morristown, TN 37813-2975
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
291 Daisy, Morristown, TN 37813-2362 $1,587,500 Apr 2023 3,726 SF
316 Beech, Morristown, TN 37813-1806 $165,000 Jan 2023 1,690 SF
231 Fairmont, Morristown, TN 37813-2036 $290,000 Dec 2021 5,376 SF
230 Bowman, Morristown, TN 37813-3871 $798,000 Sep 2020 8,643 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1423 Morris Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again