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Property profile & analytics
OFF-MARKET
Medical Office Space
116 11812th E Ft St Manchester, TN 37355-1509
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US80-1240459
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1955
Total area
5,666 SF
Lot
0.23 ac (10,080 SF)
Zoning code
C1
APN
016076H D 01400
UPID
US80-1240459
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
-
Patterson Veronica Dental Office
-
Labeots Nancy Dental Office
-
Brown Timothy G DDS Dental Office
-
Graham Melody Dental Office
-
Timothy Gaither Brown Dental Office
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
Brown,timothy & Sandra · 21 yrs held
Brown,timothy & Sandra
since 2004
4 recorded transactions
Zoning & alternative use
C1 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,035
Tax year 2023
Assessed value
$111,160
Assessed 2023
Previous assessed
$111,160
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$23,400
Assessed improvement
$87,760
Land market value
$58,500
Improvement market value
$219,400
Total market value
$277,900
Applied tax rate
16.0000
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
1955
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
7
Total area
5,666 SF
Lot
0.23 ac (10,080 SF)
Zoning code
C1
APN
016076H D 01400
UPID
US80-1240459
Jurisdiction
COFFEE
Zoning & alternative use
C1 · Manchester, TN
Zoning C1 · permitted uses
C1 · Manchester, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
7
Lot
0.23 ac
Current owner
From public records · entity-resolved
Brown,timothy & Sandra
Individual
Mailing address
116 E FT ST, MANCHESTER, TN 37355-1509
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2019
—
Woodland Wellness INC
—
Deed
related
$135,000 · Coffee County Bank
Oct 4, 2004
$110,000
Brown,timothy & Sandra
Overall,jesse W & Martha R
Warranty Deed
$110,000 · Jesse W & Martha R Overall
Mar 28, 2001
$70,000
Jesse W Overall
Rhodes,virgil L
Grant Deed
—
—
—
Woodland Wellness INC
—
Deed Of Trust
related
$135,000 · Coffee County 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.
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