Entity Owned Property summary
AI-generated overview
A modern office building constructed in 2009 with approximately 3,650 square feet of finished space on a 0.69-acre lot. The property includes lighted signage, 40 parking spaces, and zoning classified as CL. Located with frontage and views of Jefferson Ave in Cookeville, Tennessee, the site offers green space on each side of the building that supports potential future structural expansion. The second-floor construction is described as being supported by I-beam trusses, allowing interior walls to be non-load-bearing. The main level floor plan provides 12 exam rooms/offices, a lobby, and two half bathrooms. The upper level is configured as flex space with a combination of offices and a residential-style area, including 7 offices, a kitchenette, laundry hookups, one full bathroom, and one half bathroom. The building was used as medical offices and includes medical-grade electrical wiring.
Property profile
Verified
Property type
Other office properties
Use group
OFFICE (GENERAL)
Year built
2009
Total area
3,973 SF
Lot
0.59 ac (25,769 SF)
APN
071053K J 02700
UPID
US80-3279719
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Landscaping General Contractor
-
Alternative Medicine Practice
-
Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$345k
Owner & transaction history
since 2025
Last sale
$1.1M
7 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$345k
Value range
$311k – $380k
±10% around blend
Estimated value / SF
$87 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$311k
blend $345k
$380k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,973 SF
Lot area
0.59 ac
Year built
2009
Stories
1
APN
071053K J 02700
Assessed value
$257,360
Annual tax
$7,655
3
Income approach: direct capitalization
Partial preview
Income approach indication
$620k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$670k
@ 6.5% CAP return
$620k
@ 7% CAP return
$575k
4
Sales comparison
Partial preview
Sales approach indication
$865k
Range $258k – $865k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$345k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 108 sales
$132
-34%
Submarket 151 sales
$126
-31%
County 161 sales
$123
-29%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $87/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.10M
Move the market yield to see immediate price impact.
Value / SF
$277
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$69k
$1.39M
$990k
$770k
$77k
$1.54M
$1.10M
$856k
$85k
$1.69M
$1.21M
$941k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,655
Tax year 2022
Assessed value
$257,360
Assessed 2023
Previous assessed
$232,520
+10.7% YoY
Effective rate
2.97%
On assessed value
Assessed land
$94,400
Assessed improvement
$162,960
Land market value
$236,000
Improvement market value
$407,400
Total market value
$643,400
Applied tax rate
71.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2009
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
3,973 SF
Lot
0.59 ac (25,769 SF)
APN
071053K J 02700
UPID
US80-3279719
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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