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Property profile & analytics
OFF-MARKET
Estimated value
$1,915,000
Medical Office Space
1432 Kimbrough Rd Germantown, TN 38138-2405
Entity Owned
8-yr Hold
Free & Clear
Property ID
US80-2736594
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
10,508 SF
Lot
1.84 ac (80,194 SF)
Zoning code
R-T
APN
G02-20 - - -00529
UPID
US80-2736594
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
-
Jessica Haynes, OD - Charles Retina Institute Physician
-
Mohammad Rafieetary, OD, FAAO - Charles Retina Institute Ophthalmologist
-
Charles Retina Institute Medical Clinic Ophthalmologist
-
Steve Charles, MD, FACS, FICS - Charles Retina Institute Ophthalmologist
-
Stephen Huddleston MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.35M
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$1.92M
Owner & transaction history
CRI WOLF RIVER REALTY HOLDINGS LLC
CRI WOLF RIVER REALTY HOLDINGS LLC
Zoning & alternative use
R-T · Germantown, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ential estate district (R-E-1) Residential district (R-1 medium density) Residential district (R-2 medium density) Residential district (R low density) Residential district (R-3 two-family density) Residential district (R-T multifamily) Residential district (R-H retirement housing) Neighborhood commercial district (C-1) General commercial district (C-2) Shop…
Zone name
Townhouse Dwelling District
General category
RESIDENTIAL
Zone area
516.10 ac
Source
code of ordinances
Top alternative use upside
Office building
$3.1M
+107.8%
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 Germantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Germantown 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%
$2,540,000
6.5%
$2,345,000
7%
$2,175,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,505,000
Current use
OFFICE BUILDING
$3,125,000
Change: +108% · Conversion: Easy
Blend value · Realmo final
$1.92M
Range $1.72M – $2.11M · ±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
$182 / 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
$60,797
Tax year 2022
Assessed value
$1,200,760
Assessed 2023
Previous assessed
$1,200,760
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$547,560
Assessed improvement
$653,200
Land market value
$1,368,900
Improvement market value
$1,633,000
Total market value
$3,001,900
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
10,508 SF
Lot
1.84 ac (80,194 SF)
Zoning code
R-T
APN
G02-20 - - -00529
UPID
US80-2736594
Jurisdiction
SHELBY
Zoning & alternative use
R-T · Germantown, TNZoning R-T · permitted uses
R-T · Germantown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ential estate district (R-E-1) Residential district (R-1 medium density) Residential district (R-2 medium density) Residential district (R low density) Residential district (R-3 two-family density) Residential district (R-T multifamily) Residential district (R-H retirement housing) Neighborhood commercial district (C-1) General commercial district (C-2) Shopping center district (SC-1) Office district (O) Office district (O-51) Office distr
Zone name
Townhouse Dwelling District
General category
RESIDENTIAL
Zone area
516.10 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$3.1M
MEDICAL BUILDING Current
OFFICE 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
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
CRI WOLF RIVER REALTY HOLDINGS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1432 KIMBROUGH RD, GERMANTOWN, TN 38138-2405
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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