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Property profile & analytics
FOR SALE
Office Spaces
20 Executive Park Dr Hendersonville, TN 37075
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0027509
For Sale
1 / 55
$1,299,999
20 Executive Park Dr, Hendersonville, TN 37075
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2008
Total area
4,000 SF
Lot
0.49 ac (21,146 SF)
Zoning code
TC-C
APN
083163C F 00303
UPID
US80-0027509
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
-
Shine Pediatric Therapy Physician
-
Morgan Greene Physician
-
Olivia Vanderveer Physician
-
Activate Records Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$530k
Owner & transaction history
Paul Corley · 18 yrs held
Paul Corley
since 2007
4 recorded transactions
Zoning & alternative use
TC-C · Hendersonville, 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 Hendersonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hendersonville 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$133 / 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
$6,464
Tax year 2023
Assessed value
$195,400
Assessed 2023
Previous assessed
$195,400
+0.0% YoY
Effective rate
3.31%
On assessed value
Assessed land
$59,760
Assessed improvement
$135,640
Land market value
$149,400
Improvement market value
$339,100
Total market value
$488,500
Applied tax rate
83.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
2008
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
4,000 SF
Lot
0.49 ac (21,146 SF)
Zoning code
TC-C
APN
083163C F 00303
UPID
US80-0027509
Jurisdiction
SUMNER
Zoning & alternative use
TC-C · Hendersonville, TN
Zoning TC-C · permitted uses
TC-C · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hendersonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Paul Corley
Individual
Mailing address
766 GREENLEA BLVD, GALLATIN, TN 37066-4481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2007
—
Paul Corley
Corley,paul & Tracy
Quit Claim Deed
related
$500,000 · Greenbank
Nov 12, 1993
$211,500
Charles A Wheeler JR.
Unknown
Grant Deed
—
—
—
Paul Corley
—
Deed Of Trust
related
$528,000 · Wilson Bk&tr
—
—
Paul Corley
—
Deed Of Trust
related
$524,000 · Capital Bank NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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