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Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Commercial land
1701 Main St Shelbyville, TN 37160-2303
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-1929995
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1994
Total area
25,955 SF
Lot
10.66 ac (464,350 SF)
APN
002078 01202
UPID
US80-1929995
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
-
American Esoteric Laboratories Medical Laboratory
-
Primary Care & Hope Clinic Shelbyville Physician
-
Vincent Angela Employment Agency
-
Melson Danny L MD Physician
-
Jayakody Frank MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$3.11M
Owner & transaction history
Rutherford Cnty Primary Care Clinic · 3 yrs held
Rutherford Cnty Primary Care Clinic
since 2022
Last sale
$3.1M
6 recorded transactions
Zoning & alternative use
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 Shelbyville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelbyville 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
$3,730,000
ML approach
$3,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.11M
Range $2.79M – $3.42M · ±10% · vs last sale $3.10M (Dec 21 2023)
Last sale anchor
$3.10M
Dec 21 2023
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
$120 / 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
Property tax & assessments
Assessed value
$533,000
Assessed 2023
Previous assessed
$755,640
-29.5% YoY
Assessed land
$533,000
Land market value
$1,332,500
Total market value
$1,332,500
Applied tax rate
2.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1994
Heating
YES
Cooling
YES
Stories
1
Bathrooms
27
Total area
25,955 SF
Lot
10.66 ac (464,350 SF)
APN
002078 01202
UPID
US80-1929995
Jurisdiction
BEDFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
27
Lot
10.66 ac
Current owner
From public records · entity-resolved
Rutherford Cnty Primary Care Clinic
Individual
Free & Clear · 3 yrs held
Mailing address
1701 N MAIN ST STE B, SHELBYVILLE, TN 37160-2301
Ownership since
2022
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
Sep 7, 2022
$2,900,000
Rutherford Cnty Primary Care Clinic
Northside Professional Center
Warranty Deed
—
Oct 21, 2021
—
Javier A Ortiz Perez
Northside Professional Center
Quit Claim Deed
related
—
May 15, 2002
—
City Of Shelbyville
Northside,profes
Grant Deed
related
—
Oct 4, 1994
$118,000
Northside Professional Center
Unknown,
Grant Deed
$1,633,000 · 1st Natl Bank Of Shelbyville
May 12, 1993
$118,000
Northside Professional
Unknown
Grant Deed
—
—
—
Northside Professional Center
—
Deed Of Trust
related
$54,213 · Regions Bank
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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