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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Office Spaces
220 Town Ctr Pkwy Ste 201 Spring Hill, TN 37174-2406
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1967983
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
FRAME
Total area
30,094 SF
Lot
3.12 ac (135,907 SF)
Zoning code
B3
APN
060025 01101
UPID
US80-1967983
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.31M
CAP Approach
CAP
$4.20M
Comparable Approach
Comparable
$2.97M
Blend (final)
Blend
$3.64M
Owner & transaction history
220 Town Center Partners LLC · 4 yrs held
220 Town Center Partners LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
B3 · Spring Hill, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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
$2,655,000
ML approach
$3,305,000
CAP Approach
CAP Return
Estimation
6%
$4,550,000
6.5%
$4,200,000
7%
$3,900,000
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±10% · vs last sale $3.85M (Feb 1 2022)
Last sale anchor
$3.85M
Feb 1 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
$121 / 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
$39,585
Tax year 2023
Assessed value
$1,494,360
Assessed 2023
Previous assessed
$1,440,680
+3.7% YoY
Effective rate
2.65%
On assessed value
Assessed land
$262,080
Assessed improvement
$1,232,280
Land market value
$655,200
Improvement market value
$3,080,700
Total market value
$3,735,900
Applied tax rate
60.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
11
Total area
30,094 SF
Lot
3.12 ac (135,907 SF)
Zoning code
B3
APN
060025 01101
UPID
US80-1967983
Jurisdiction
MAURY
Zoning & alternative use
B3 · Spring Hill, TN
Zoning B3 · permitted uses
B3 · Spring Hill, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
11
Lot
3.12 ac
Current owner
From public records · entity-resolved
220 Town Center Partners LLC
Entity
Mailing address
220 TOWN CTR PKWY STE #100, SPRING HILL, TN 37174-4422
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
$3,850,000
220 Town Center Partners LLC
The Shepherds Call
Warranty Deed
$3,080,000 · Listerhill Cu
Nov 17, 2017
—
Shepherds Call
—
Trustees Deed
related
$170,000 · Cb&s Bk
May 12, 2017
—
Shepherds Call
—
Deed
related
$2,400,000 · Cb&s Bk
Jul 31, 2009
—
Shepherds Call
—
Trustees Deed
related
$50,000 · Heritage Bank
Sep 13, 2007
—
Shepherds Call
—
Trustees Deed
related
$116,000 · Heritage Bank
Dec 29, 2004
—
Shepherds Call
Shepherds Productions INC
Quit Claim Deed
related
—
May 3, 2004
$775,000
Production Shepherd
Center For Busin
Grant Deed
—
Jul 19, 1989
$153,613
The Center For Business
Unknown
Grant Deed
—
—
—
Shepherss Call
—
Deed Of Trust
related
$900,000 · Heritage Bank
—
—
Shepherds Call
—
Deed Of Trust
related
$150,000 · Heritage Bank
—
—
Shepherds Call
—
Deed Of Trust
related
$3,056,353 · Heritage Bank
—
—
Shepherds Call
—
Deed Of Trust
related
$2,400,000 · Cb&s Bk
—
—
Shepherd Productions INC
—
Deed Of Trust
related
$200,000 · Amsouth Bank
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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