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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Medical Office Space
1704 Dorothy Pl Nashville, TN 37212-2547
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-1096066
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2017
Total area
8,243 SF
Lot
0.15 ac (6,534 SF)
Zoning code
OR20
APN
104-08-0-311-00
UPID
US80-1096066
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$1.29M
Owner & transaction history
Craig Clark · 9 yrs held
Craig Clark
since 2017
7 recorded transactions
Zoning & alternative use
OR20 · Nashville, 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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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%
$1,455,000
6.5%
$1,345,000
7%
$1,250,000
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$156 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,877
Tax year 2023
Assessed value
$764,520
Assessed 2023
Previous assessed
$764,520
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$235,240
Assessed improvement
$529,280
Land market value
$588,100
Improvement market value
$1,323,200
Total market value
$1,911,300
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
2017
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
8,243 SF
Lot
0.15 ac (6,534 SF)
Zoning code
OR20
APN
104-08-0-311-00
UPID
US80-1096066
Jurisdiction
DAVIDSON
Zoning & alternative use
OR20 · Nashville, TN
Zoning OR20 · permitted uses
OR20 · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nashville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Craig Clark
Individual
Mailing address
1704 DOROTHY PL, NASHVILLE, TN 37212-2547
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2023
—
Craig Clark
—
Deed
related
$320,000 · Firstbank
May 20, 2020
—
Craig Clark
—
Deed
related
$443,778 · First Farmers & Merchants Bk
May 23, 2017
—
Craig Clark
Neuropschiatric Associatees LLC
Quit Claim Deed
related
$2,000,000 · First Farmers & Merchants Bank
Nov 3, 2014
—
Nashville Neuropsychiatric Associat
Craig A Clark
Quit Claim Deed
related
$1,300,000 · Pinnacle Bank
Sep 12, 2012
$570,000
Craig C Clark
Storrs John W Trust
Warranty Deed
$1,200,000 · Tennessee Bank & Trust Co
—
—
Craig Clark
—
Loan Modification
related
$443,778 · First Farmers & Merchants Bk
—
—
Nashville Neuropsychiatric Ass
—
Loan Modification
related
$1,569,553 · Pinnacle Bk
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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