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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Medical Office Space
11860 Cranston Dr Arlington, TN 38002-4886
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-1830481
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
3,336 SF
Lot
1.23 ac (53,622 SF)
Zoning code
O
APN
A01-42 - - -00748
UPID
US80-1830481
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
-
Primary Eye Care of Arlington Physician
-
Artee Nanji Physician
-
Dr. Stephanie Johnson Physician
-
Jacqueline Fiddler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Indybelle Partners · 8 yrs held
Indybelle Partners
since 2017
6 recorded transactions
Zoning & alternative use
O · Arlington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the O, Office District, is to provide for suitable areas that allow for office and service-oriented uses to co-exist with limited retail uses which should be located along major transportation routes and serviced by all municipal services.
Zone name
Office District
General category
COMMERCIAL
Zone area
27.74 ac
Source
Realmo
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±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
$72 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,638
Tax year 2022
Assessed value
$227,800
Assessed 2023
Previous assessed
$227,800
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$102,960
Assessed improvement
$124,840
Land market value
$257,400
Improvement market value
$312,100
Total market value
$569,500
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
2015
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,336 SF
Lot
1.23 ac (53,622 SF)
Zoning code
O
APN
A01-42 - - -00748
UPID
US80-1830481
Jurisdiction
SHELBY
Zoning & alternative use
O · Arlington, TNZoning O · permitted uses
O · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the O, Office District, is to provide for suitable areas that allow for office and service-oriented uses to co-exist with limited retail uses which should be located along major transportation routes and serviced by all municipal services.
Zone name
Office District
General category
COMMERCIAL
Zone area
27.74 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Indybelle Partners
Entity
Free & Clear · 8 yrs held
Mailing address
4507 WALNUT GRV RD, MEMPHIS, TN 38117-2449
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2017
—
Indybelle Partners
Indybelle LLC
Quit Claim Deed
related
—
Feb 5, 2015
—
Indybelle LLC
Kumar,harsh
Quit Claim Deed
related
$500,000 · Paragon Bk
Nov 27, 2013
$145,000
Harsh Kumar
First St Bk
Warranty Deed
—
Nov 30, 2011
$189,712
St Bk First
Smith,wendy G
Trustees Deed
related
—
—
—
Cranston Office Partners
—
Deed Of Trust
related
$200,000 · First State Bank
—
—
Indybelle LLC
—
Loan Modification
related
$549,975 · Paragon Bk
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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