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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Medical Office Space
1893 Highland Ave Jackson, TN 38301-7799
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US80-3561060
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Total area
3,725 SF
Lot
2.3 ac (100,188 SF)
Zoning code
B5
APN
057109A A 00200
UPID
US80-3561060
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
-
The Jackson Clinic - Administrative Office Medical Clinic
-
Dr. Steve S. Weaver, MD Physician
-
Tori H. Russell, M.D. Pediatrician Physician
-
Dr. Bethany Wardlow - The Jackson Clinic Pediatrician Physician
-
Jared Davis Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Jackson Clinic Medical Bldg Ll · 7 yrs held
Jackson Clinic Medical Bldg Ll
since 2018
3 recorded transactions
Zoning & alternative use
B5 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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%
$700,000
6.5%
$650,000
7%
$600,000
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$165 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,093
Tax year 2022
Assessed value
$375,680
Assessed 2023
Previous assessed
$375,680
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$240,360
Assessed improvement
$135,320
Land market value
$600,900
Improvement market value
$338,300
Total market value
$939,200
Applied tax rate
57.0000
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
1995
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
6
Total area
3,725 SF
Lot
2.3 ac (100,188 SF)
Zoning code
B5
APN
057109A A 00200
UPID
US80-3561060
Jurisdiction
MADISON
Zoning & alternative use
B5 · Jackson, TN
Zoning B5 · permitted uses
B5 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
6
Lot
2.3 ac
Current owner
From public records · entity-resolved
Jackson Clinic Medical Bldg Ll
Individual
Mailing address
828 N PKWY PARKWAY, JACKSON, TN 38305-3185
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
—
Jackson Clinic Medical Bldg Ll
Jackson Clinic Pa
Quit Claim Deed
related
$11,432,500 · First Tn Bk
Dec 1, 2008
$8,891,552
Jackson Clinic Medical Buildin
Jackson Clinic Building
Warranty Deed
related
—
Apr 4, 1995
$210,000
Clinic Jackson
—
Grant Deed
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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