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Property profile & analytics
OFF-MARKET
Office Spaces
150 Timber Crk Dr 14 Cordova, TN 38018-4236
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US80-0074702
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
1,200 SF
Lot
0.09 ac (3,964 SF)
Zoning code
OG
APN
091-113- - -00144
UPID
US80-0074702
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
-
Cohen Sheila L PhD Physician Medical Clinic
-
Southern Properties Real Estate Agency
-
i3 Lending Inc. Office of Charles F. Sanders Loan Service Bank
-
Behavior Services of the Mid-South Medical Clinic
-
Dr. Pallavi V. Rawtani, MD Pediatrician 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
by Request
Owner & transaction history
Robert M Turner JR · 14 yrs held
Robert M Turner JR
since 2012
6 recorded transactions
Zoning & alternative use
OG · Cordova, 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 Cordova submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordova 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,839
Tax year 2022
Assessed value
$46,600
Assessed 2023
Previous assessed
$46,600
+0.0% YoY
Effective rate
6.09%
On assessed value
Assessed land
$8,560
Assessed improvement
$38,040
Land market value
$21,400
Improvement market value
$95,100
Total market value
$116,500
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,200 SF
Lot
0.09 ac (3,964 SF)
Zoning code
OG
APN
091-113- - -00144
UPID
US80-0074702
Jurisdiction
SHELBY
Zoning & alternative use
OG · Cordova, TN
Zoning OG · permitted uses
OG · Cordova, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cordova. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Robert M Turner JR
Individual
Mailing address
150 TIMBER CRK DR STE #9, CORDOVA, TN 38018-4253
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Jan 10, 2012
—
Robert M Turner JR
Southern Properties LLC
Quit Claim Deed
related
$112,795 · First Alliance Bank Fsb
Aug 1, 2006
—
Southern Properties LLC
Southern Properties Rental INC
Quit Claim Deed
related
$108,000 · First Alliance Bank Fsb
—
—
Southern Properties LLC
—
Deed Of Trust
related
$46,621 · First Alliance Bank Fsb
—
—
Southern Properties LLC
—
Deed Of Trust
related
$6,280 · First Alliance Bank Fsb
—
—
Robert M Turner JR
—
Loan Modification
related
$92,021 · First Alliance Bk
—
—
Southern Properties LLC
—
Deed Of Trust
related
$94,861 · First Alliance Bank Fsb
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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