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Property profile & analytics
OFF-MARKET
Medical Office Space

207 Bockman Way Sparta, TN 38583-2041

6,196 SF 0.48 ac lot Built 1959
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US80-0260696
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1959
Total area 6,196 SF
Lot 0.48 ac (21,000 SF)
Zoning code C-D
APN 093059G B 01900
UPID US80-0260696
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
  • Kemkar Abhay MD Physician
  • Dr. Robert F Baker Jr. Pediatrician Physician
  • Dr. Fredrick B. Rayne, MD Physician
  • Sparta Medical Clinic Medical Clinic
  • Upper Cumberland Otolaryngology 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
by Request
Owner & transaction history
Willow Place Realty LLC · 3 yrs held
Willow Place Realty LLC
since 2022
Last sale
$420,000
2 recorded transactions
2022
$420,000
1989
$65,000
Zoning & alternative use
C-D · Sparta, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are also considered to have a moderate impact. The following uses shall be 14-112 considered to have a moderate impact regardless of zoning classification: off- site parking lots located in resident ial district, gasoline serv…

Zone name Commercial D Districts
General category INDUSTRIAL
Zone area 1,341.74 ac
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