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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Medical Office Space
212 Indian Lk Blvd Hendersonville, TN 37075-6267
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-0917103
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2021
Total area
3,570 SF
Lot
0.67 ac (29,185 SF)
Zoning code
GCS
APN
083159B B 00400
UPID
US80-0917103
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
-
Motto Clear Aligners Dental Office
-
Aspen Dental - Hendersonville, TN Dental Office
-
Hendersonville TowTruck Company Auto Repair Shop
-
Aspen Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.88M
Owner & transaction history
Htw Ventures Mill Creek LLC · 3 yrs held
Htw Ventures Mill Creek LLC
since 2022
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
GCS · Hendersonville, TN
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
$2,950,000
ML approach
$2,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10% · vs last sale $2.83M (Aug 2 2022)
Last sale anchor
$2.83M
Aug 2 2022
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
$805 / 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
$17,776
Tax year 2023
Assessed value
$534,960
Assessed 2023
Previous assessed
$534,960
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$331,360
Assessed improvement
$203,600
Land market value
$828,400
Improvement market value
$509,000
Total market value
$1,337,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2021
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
7
Total area
3,570 SF
Lot
0.67 ac (29,185 SF)
Zoning code
GCS
APN
083159B B 00400
UPID
US80-0917103
Jurisdiction
SUMNER
Zoning & alternative use
GCS · Hendersonville, TNZoning GCS · permitted uses
GCS · Hendersonville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2025 Zoning ordinance
Building & site characteristics
From public records
Year built
2021
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.67 ac
Current owner
From public records · entity-resolved
Htw Ventures Mill Creek LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1719 NE HOLW TREE LN, BEND, OR 97701-6520
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$2,830,435
Htw Ventures Mill Creek LLC
D3 Hendersonville LLC
Special Warranty Deed
—
Sep 2, 2020
$2,716,300
Bingo I LP
Bayrock Seven Coliseum LLC
Special Warranty Deed
—
May 29, 2020
$2,658,500
Bayrock Seven Coliseum LLC
D3 Hendersonville LLC
Grant Deed
$1,860,950 · Renasant Bk
Apr 12, 2019
$1,600,000
D3 Hendersonville LLC
O Charleys LLC
Warranty Deed
$3,220,000 · Commerce Bank
Apr 2, 2007
$770,928
Ocharleys INC
Ct Hendersonville LLC
Warranty Deed
—
—
—
Bingo I LP
—
Deed Of Trust
related
$1,085,000 · First Svgs Bk
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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