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    Property profile & analytics

    207 Bockman Way Sparta, TN 38583-2041

    • Medical offices
    • 6,196 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    Aug 15, 2022
    $420,000
    Location Intelligence
    Property ID
    US80-0260696
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kemkar Abhay MD / Internist
    • Dr. Robert F Baker Jr. / Family Practice Physician
    • Dr. Fredrick B. Rayne, MD / Otolaryngologist
    • Sparta Medical Clinic / Family Practice Physician / Medical Clinic
    • Upper Cumberland Otolaryngology / Doctor

    Property Details for 207 Bockman Way

    Year built
    1959
    Lot size
    0.48 lot acres
    Property size
    6,196 SF
    Zone code
    C-D
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    093059G B 01900
    APU
    093059GB01900

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $470,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $430,000
      Retail
      $395,000
      Mixed-Use
      $515,000
      Hospitality
      $420,000
      Educational
      $495,000
      Residential Income
      $510,000
      Energy
      $465,000
      Income-Based Land
      $480,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    White
    State
    Tennessee
    Longitude
    -85.4594
    Latitude
    35.9244

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $4,266
    $26,000
    $117,720
    $143,720
    -
    $65,000
    $294,300
    $359,300

    Comparable in this City

    • Value Estimation by Request
      3,642 SF

      323 Bockman Way

      MEDICAL BUILDING • 3,642 SF
      323 Bockman Way, Sparta, TN 38583-2138
      View Details
    • Value Estimation
      $395,000
      5,811 SF

      133 Churchill Dr

      MEDICAL BUILDING • 5,811 SF
      133 Churchill Dr, Sparta, TN 38583-1500
      View Details
    • Value Estimation
      $265,000
      3,248 SF

      165 Shelton St

      MEDICAL BUILDING • 3,248 SF
      165 Shelton St, Sparta, TN 38583-1595
      View Details
    • Value Estimation
      $430,000
      3,317 SF

      2541 Jerry Parker Rd

      MEDICAL BUILDING • 3,317 SF
      2541 Jerry Parker Rd, Sparta, TN 38583-7265
      View Details
    • Value Estimation
      $255,000
      4,483 SF

      305 Spg St

      MEDICAL BUILDING • 4,483 SF
      305 Spg St, Sparta, TN 38583-1300
      View Details
    • Value Estimation
      $305,000
      4,060 SF

      705 Howell St

      MEDICAL BUILDING • 4,060 SF
      705 Howell St, Sparta, TN 38583-1057
      View Details

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    207 Bockman Way
    Sparta, TN 38583-2041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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