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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Medical Office Space
187 Prosser Rd Lawrenceburg, TN 38464
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-1377269
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Total area
10,120 SF
Lot
0.58 ac (25,080 SF)
APN
050089O A 02900
UPID
US80-1377269
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Robert Shane Hughes · 1 yrs held
Robert Shane Hughes
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+58.2%
Commercial (general)
$875,000
+37.5%
Retail stores
$775,000
+21.7%
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 Lawrenceburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceburg 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$635,000
Current use
AUTO REPAIR, GARAGE
$1,005,000
Change: +58% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: +38% · Conversion: Easy
RETAIL STORES
$775,000
Change: +22% · Conversion: Difficult
RESTAURANT
$710,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$575,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Dec 6 2024)
Last sale anchor
$650k
Dec 6 2024
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
$64 / 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
$6,796
Tax year 2023
Assessed value
$218,640
Assessed 2023
Previous assessed
$218,640
+0.0% YoY
Effective rate
3.11%
On assessed value
Assessed land
$20,800
Assessed improvement
$197,840
Land market value
$52,000
Improvement market value
$494,600
Total market value
$546,600
Applied tax rate
50.0000
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
2001
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
16
Bathrooms
4
Total area
10,120 SF
Lot
0.58 ac (25,080 SF)
APN
050089O A 02900
UPID
US80-1377269
Jurisdiction
LAWRENCE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$875,000
RETAIL STORES
Est. value
$775,000
RESTAURANT
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$575,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
RESTAURANT
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
16
Bathrooms
4
Lot
0.58 ac
Current owner
From public records · entity-resolved
Robert Shane Hughes
Individual
Free & Clear · 1 yrs held
Mailing address
44 BEUERLEIN LN, LAWRENCEBURG, TN 38464-6378
Ownership since
2024
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
Dec 6, 2024
—
Robert Shane Hughes
Robert Shane Hughes
Deed
related
—
May 20, 2022
$650,000
Robert Shane Hughes
Barry J Doss
Warranty Deed
—
May 13, 2022
—
Barry J Doss
D & H Properties LLC
Quit Claim Deed
related
—
Dec 17, 2001
$10,000
City Of Lawrenceburg
D & H Properties
Grant Deed
—
Apr 17, 1990
$20,750
Freeman A Wright
Unknown
Grant Deed
—
—
—
D & H Properties LLC
—
Deed Of Trust
related
$325,000 · First Farmers & Merchants Bank
—
—
D & H Properties LLC
—
Deed Of Trust
related
$22,641 · First Farmers & Merchants 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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