Entity Owned Property summary
AI-generated overview
The offering consists of multiple commercial buildings located along Middle Tennessee Blvd and identified by Parcel #s 102D M 03700 and 102D M 03702, and includes several individually addressed structures: 1635 Middle Tennessee Blvd (4,656 sq. ft. of retail space), 1637 Middle Tennessee Blvd (1,240 sq. ft. of retail space), 1639 Middle Tennessee Blvd (a portable building totaling 1,640 sq. ft.), 1641 Middle Tennessee Blvd (12,000 sq. ft. total, comprising 2,943 sq. ft. office space, 2,563 sq. ft. warehouse space, and 6,494 sq. ft. of conditioned warehouse space), and 1647 Middle Tennessee Blvd (12,000 sq. ft. total, comprising 323 sq. ft. office space, 5,150 sq. ft. warehouse space, and 6,527 sq. ft. retail space). The buildings are configured to support multiple tenants, and leases associated with the conveyed spaces are intended to carry over to a new owner; a separate tower component is excluded from conveyance.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
4,620 SF
Lot
2.01 ac (87,468 SF)
APN
102D-M-037.00-000
UPID
US80-1814108
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$801k
Blend (final)
Blend
$300k
Owner & transaction history
Zoning & alternative use
Top alternative use upside
Commercial (general)
$1.2M
+74.8%
Auto repair, garage
$1.1M
+59.8%
Medical building
$860,000
+23.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$300k
Value range
$270k – $330k
±10% around blend
Estimated value / SF
$65 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$270k
blend $300k
$330k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,620 SF
Lot area
2.01 ac
Year built
1974
Stories
1
APN
102D-M-037.00-000
Assessed value
$316,560
Annual tax
$8,955
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.01M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.09M
@ 6.5% CAP return
$1.01M
@ 7% CAP return
$930k
4
Sales comparison
Partial preview
Sales approach indication
$801k
Range $558k – $801k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$300k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$151
-57%
Submarket 102 sales
$162
-60%
County 129 sales
$165
-61%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $65/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+75%
vs current-use indication
Auto Repair, Garage
Medical Building
Neighborhood: Shopping Center
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$317k
Move the market yield to see immediate price impact.
Value / SF
$69
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$20k
$399k
$285k
$222k
$22k
$443k
$317k
$246k
$24k
$488k
$348k
$271k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,955
Tax year 2023
Assessed value
$316,560
Assessed 2024
Previous assessed
$316,560
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$172,280
Assessed improvement
$144,280
Land market value
$430,700
Improvement market value
$360,700
Total market value
$791,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Heating
ZONE
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
4,620 SF
Lot
2.01 ac (87,468 SF)
APN
102D-M-037.00-000
UPID
US80-1814108
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
ZONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
2.01 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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