Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,265,000
Medical Office Space
100 Springhouse Ct Hendersonville, TN 37075-1609
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-2011507
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
35,486 SF
Lot
2.56 ac (111,514 SF)
Zoning code
GCS
APN
083159G A 00200
UPID
US80-2011507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Periodontal and Implant Associates of Middle Tennessee, PC Dental Office
-
Carlin Dental Dental Office
-
Sheats Endodontic Group Dental Office
-
Embassy Dental (Hendersonville) Dental Office
-
Tennessee Pediatrics: Roaden Amber MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.27M
Owner & transaction history
Spt Ivey Hendersonville Mob LLC · 9 yrs held
Spt Ivey Hendersonville Mob LLC
since 2017
5 recorded transactions
Zoning & alternative use
GCS · Hendersonville, TN
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,005,000
6.5%
$7,390,000
7%
$6,860,000
Blend value · Realmo final
$6.27M
Range $5.64M – $6.89M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$177 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$75,875
Tax year 2023
Assessed value
$2,344,640
Assessed 2023
Previous assessed
$2,344,640
+0.0% YoY
Effective rate
3.24%
On assessed value
Assessed land
$495,400
Assessed improvement
$1,849,240
Land market value
$1,238,500
Improvement market value
$4,623,100
Total market value
$5,861,600
Applied tax rate
83.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
58
Total area
35,486 SF
Lot
2.56 ac (111,514 SF)
Zoning code
GCS
APN
083159G A 00200
UPID
US80-2011507
Jurisdiction
SUMNER
Zoning & alternative use
GCS · Hendersonville, TNZoning GCS · permitted uses
GCS · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2025 Zoning ordinance
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
58
Lot
2.56 ac
Current owner
From public records · entity-resolved
Spt Ivey Hendersonville Mob LLC
Entity
Mailing address
1601 WASHINGTON AVE STE #800, MIAMI BEACH, FL 33139-3165
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
—
Spt Ivey Hendersonville Mob LLC
—
Deed
related
$450,500,000 · Barclays Capital Real Estate INC
Nov 8, 2019
—
Spt Ivey Hendersonville Mob LLC
—
Deed
related
$490,000,000 · Deutsche Bank National Trust Co
Jan 5, 2017
$11,574,770
Spt Ivey Hendersonville Mob LLC
Ga Hc Reit II Hendersonville Tn Mob
Special Warranty Deed
$528,819 · Capital One NA
Oct 3, 2013
$7,750,000
Hc Reit T Ga II
Physicians Plaza Of Hendersonvill
Grant Deed
—
May 17, 2006
$1,120,000
Physicians Plaza Of Hendersonville
Betty Yow Hooper
Warranty Deed
$5,235,000 · Suntrust Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 100 Springhouse Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
