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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Medical Office Space
1720 Reelfoot Ave Union City, TN 38261-6047
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US80-0341807
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
FRAME
Total area
35,164 SF
Lot
1.97 ac (85,813 SF)
APN
066058A F 00100
UPID
US80-0341807
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
-
Paxton Sisson, PA-C Physician
-
Dr. Remy A. Valdivia, MD Rehabilitation Center
-
Dr. Ronald Craig Bingham, MD Rehabilitation Center
-
Dr. Rolando Toyos, MD Physician
-
Renea L. Nagel-Terrell, FNP 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
$1.22M
Owner & transaction history
Union City Medical Center LLC · 16 yrs held
Union City Medical Center LLC
since 2009
7 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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
$35 / 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
$1,145,640
Assessed 2023
Previous assessed
$1,028,640
+11.4% YoY
Assessed land
$118,200
Assessed improvement
$1,027,440
Land market value
$295,500
Improvement market value
$2,568,600
Total market value
$2,864,100
Applied tax rate
66.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
100
Bathrooms
37
Total area
35,164 SF
Lot
1.97 ac (85,813 SF)
APN
066058A F 00100
UPID
US80-0341807
Jurisdiction
OBION
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
1998
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
100
Bathrooms
37
Lot
1.97 ac
Current owner
From public records · entity-resolved
Union City Medical Center LLC
Entity
Mailing address
1720 E REELFOOT AVE, UNION CITY, TN 38261-6047
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
—
Union City Medical Center LLC
—
Deed
related
$600,000 · First Citizens National Bank
Nov 2, 2021
—
Union City Medical Center LLC
—
Deed
related
$757,127 · First Citizens National Bank
Mar 30, 2017
—
Union City Medical Center LLC
—
Deed
related
—
Feb 29, 2016
—
Union City Medical Center LLC
—
Trustees Deed
related
$100,411 · First Citizens Nat'l Bk
Aug 20, 2009
$1,980,000
Union City Medical Center LLC
Windrose Union City Props LLC
Grant Deed
related
$1,862,700 · Commercial Bk/pa
Jul 11, 2005
$11,025,000
Windrose Union City Props LLC
Union City Trust
Warranty Deed
related
—
Sep 26, 2001
$5,625,000
Tst Union City
Core Group LP
Grant Deed
—
Apr 2, 1993
$62,500
Jerry L Etal Gurien
Unknown
Grant Deed
—
Jan 30, 1993
$10,600
Carter Mary F
Unknown,
Grant Deed
—
Jan 28, 1993
$10,600
Carter Mary F
Unknown,
Grant Deed
—
—
—
Union City Medical Center LLC
—
Loan Modification
related
—
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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