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Property profile & analytics
OFF-MARKET
Medical Office Space
111 Hwy 431 Martin, TN 38237-8264
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2077228
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Total area
2,856 SF
Lot
1 ac (43,560 SF)
Zoning code
10
APN
092073 04900
UPID
US80-2077228
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Timothy Bynum · 14 yrs held
Timothy Bynum
since 2011
7 recorded transactions
Zoning & alternative use
10 · Martin, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Martin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$178,240
Assessed 2023
Previous assessed
$141,640
+25.8% YoY
Assessed land
$24,000
Assessed improvement
$154,240
Land market value
$60,000
Improvement market value
$385,600
Total market value
$445,600
Applied tax rate
92.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2012
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
2,856 SF
Lot
1 ac (43,560 SF)
Zoning code
10
APN
092073 04900
UPID
US80-2077228
Jurisdiction
WEAKLEY
Zoning & alternative use
10 · Martin, TN
Zoning 10 · permitted uses
10 · Martin, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Martin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Timothy Bynum
Individual
Free & Clear · 14 yrs held
Mailing address
3091 HYNDSVER RD, MARTIN, TN 38237-5141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2011
—
Timothy Bynum
—
Trustees Deed
related
$303,365 · First Citizens National Bank
Aug 22, 2011
$35,000
Timothy Bynum
Kelly,larry & Virignia
Warranty Deed
—
Aug 25, 2008
$81,600
James W Cary
Kelly,larry & Virginia W
Warranty Deed
—
Nov 6, 2007
$126,500
James W Cary
Kelly,larry & Virginia W
Warranty Deed
—
Jan 9, 2007
$50,000
Arnie R Hicks
Kelly,larry & Virginia W
Warranty Deed
—
Mar 30, 1995
$20,000
Larry W Taylor
Taylor,larry W E
Grant Deed
related
—
Aug 23, 1994
$81,600
Larrly Virginia Kelly
Unknown
Grant Deed
—
—
—
Timothy Bynum
—
Deed Of Trust
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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