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    Property profile & analytics

    164 Mt Pelia Rd Martin, TN 38237-3812

    • Medical offices
    • 6,214 SF
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US80-0362195
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advanced Gastroenterology / Medical Clinic / Gastroenterologist
    • Paxton Kimber Sisson / Physician Assistant
    • Kimberlie Simpson, FNP / Doctor
    • Linda Barker, PA / Physician Assistant
    • Careall Staffing / Nursing Agency

    Property Details for 164 Mt Pelia Rd

    Year built
    1985
    Property size
    6,214 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    092078C C 00700
    APU
    092078CC00700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $495,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $445,000
      Mixed-Use
      $390,000
      Hospitality
      $470,000
      Educational
      $470,000
      Residential Income
      $385,000
      Energy
      $415,000
      Income-Based Land
      $425,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.8687
    Latitude
    36.3332
    CBSA code
    32280
    CBSA name
    MARTIN, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $20,000
    $218,160
    $238,160
    -
    $50,000
    $545,400
    $595,400

    Comparable in this City

    • Value Estimation by Request
      2,580 SF

      415 Lindell St

      MEDICAL BUILDING • 2,580 SF
      415 Lindell St, Martin, TN 38237-1819
      View Details
    • Value Estimation
      $385,000
      3,680 SF

      108 Courtright Rd

      MEDICAL BUILDING • 3,680 SF
      108 Courtright Rd, Martin, TN 38237-1607
      View Details
    • Value Estimation by Request
      3,000 SF

      103 Kennedy Dr

      MEDICAL BUILDING • 3,000 SF
      103 Kennedy Dr, Martin, TN 38237-3309
      View Details
    • Value Estimation by Request
      1,973 SF

      115 Mt Pelia Rd

      MEDICAL BUILDING • 1,973 SF
      115 Mt Pelia Rd, Martin, TN 38237-3315
      View Details
    • Value Estimation by Request
      1,974 SF

      103 Hwy 431

      MEDICAL BUILDING • 1,974 SF
      103 Hwy 431, Martin, TN 38237-8264
      View Details
    • Value Estimation by Request
      1,668 SF

      105 Hwy 431

      MEDICAL BUILDING • 1,668 SF
      105 Hwy 431, Martin, TN 38237-8264
      View Details

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    Similar Nearby for Lease

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    164 Mt Pelia Rd
    Martin, TN 38237-3812
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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