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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Medical Office Space
2120 Murfreesboro Pike Nashville, TN 37217-3311
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-0083853
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
2,748 SF
Lot
0.54 ac (23,522 SF)
Zoning code
MULTI-ZONE
APN
135-00-0-239-00
UPID
US80-0083853
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
-
Mission Dental: Makeya Jenkins, DDS Dental Office
-
Next Generation Dentists Dental Office
-
Dr. Ralph Sharow Dental Office
-
Makeya Calise Jenkins Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$505k
Owner & transaction history
Mission Realty LLC · 4 yrs held
Mission Realty LLC
since 2022
Last sale
$540,000
5 recorded transactions
Zoning & alternative use
MULTI-ZONE · Nashville, 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 Nashville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nashville 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
$500,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
$485,000
6.5%
$450,000
7%
$415,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$800,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$795,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $540k (Jan 21 2022)
Last sale anchor
$540k
Jan 21 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
$184 / 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
$6,875
Tax year 2023
Assessed value
$211,280
Assessed 2023
Previous assessed
$211,280
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$80,440
Assessed improvement
$130,840
Land market value
$201,100
Improvement market value
$327,100
Total market value
$528,200
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
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,748 SF
Lot
0.54 ac (23,522 SF)
Zoning code
MULTI-ZONE
APN
135-00-0-239-00
UPID
US80-0083853
Jurisdiction
DAVIDSON
Zoning & alternative use
MULTI-ZONE · Nashville, TNZoning MULTI-ZONE · permitted uses
MULTI-ZONE · Nashville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$800,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$795,000
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Mission Realty LLC
Entity
Mailing address
2120 MURFREESBORO PIKE, NASHVILLE, TN 37217-3311
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$540,000
Mission Realty LLC
Next Generation Holdings LLC
Special Warranty Deed
$459,000 · The Huntington National Bank
Mar 7, 2014
$275,000
Next Generation Holdings LLC
David Bishop
Warranty Deed
$234,000 · First Tennessee Bank NA
Jan 28, 2008
—
Mitchell Whitson
—
Trustees Deed
related
$24,000 · Bank Of The South
Jul 18, 2003
$190,000
David Bishop
Mur-ci Homes INC
Grant Deed
$142,500 · Calvary Banking
—
—
Laura S Bishop
—
Deed Of Trust
related
$255,000 · Cavalry Banking
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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