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Property profile & analytics
OFF-MARKET
Estimated value
$4,685,000
Assisted living facilities
121 Physicians Dr, Jackson, TN 38305-6011
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-1819021
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Total area
48,380 SF
Lot
3 ac (130,680 SF)
Zoning code
B1
APN
057044K G 00100
UPID
US80-1819021
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
-
Crystal Verell, OT Physician
-
AHC Northbrooke Nursing Home
-
Rehab America Medical Clinic
-
Rhonda Perrigo Physician
-
Shital Prasad 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
$4.69M
Owner & transaction history
Tn LLC · 1 yrs held
Tn LLC
since 2025
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
B1 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,250,000
Change: 0% · Conversion: Difficult
RESTAURANT
$4,900,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$3,605,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$3,475,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.69M
Range $4.22M – $5.15M · ±10% · vs last sale $4.69M (Oct 8 2024)
Last sale anchor
$4.69M
Oct 8 2024
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
$97 / 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
$63,917
Tax year 2022
Assessed value
$1,834,080
Assessed 2023
Previous assessed
$1,834,080
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$225,000
Assessed improvement
$1,609,080
Land market value
$562,500
Improvement market value
$4,022,700
Total market value
$4,585,200
Applied tax rate
57.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
50
Total area
48,380 SF
Lot
3 ac (130,680 SF)
Zoning code
B1
APN
057044K G 00100
UPID
US80-1819021
Jurisdiction
MADISON
Zoning & alternative use
B1 · Jackson, TN
Zoning B1 · permitted uses
B1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.3M
RESTAURANT
Est. value
$4.9M
RETAIL STORES
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.5M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
50
Lot
3 ac
Current owner
From public records · entity-resolved
Tn LLC
Entity
Free & Clear · 1 yrs held
Mailing address
201 JORDAN RD, FRANKLIN, TN 37067-4495
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
$4,687,000
Tn LLC
Northbrooke Propco LLC
Special Warranty Deed
—
Apr 21, 2021
—
Northbrooke Propco LLC
—
Deed
related
—
Apr 14, 2021
—
Northbrooke Propco LLC
Northbrooke Long Term Facility LLC
Quit Claim Deed
related
—
Sep 4, 2014
—
Northbrooke Long Term Facility
Northbrooke Healthcare & Rehab
Quit Claim Deed
related
—
Dec 28, 2009
—
Northbrooke Healthcare & Rehab
—
Deed Of Trust
related
$124,440,701 · Regions Bank
—
—
Northbrooke Manor INC
—
Deed Of Trust
related
$140,000 · Amsouth Bank
—
—
Northbrooke Long Term Facility
—
Loan Modification
related
$30,000,000 · Firstbank
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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