Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Medical Office Space
225 Willow Ave Cookeville, TN 38501-2335
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US80-0821234
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,570 SF
Lot
1.6 ac (69,696 SF)
Zoning code
CM
APN
071053B N 00400
UPID
US80-0821234
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
-
ProIT Consulting IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Regional Obstetrical Consultants Physician
-
Cookeville Medical Family Pharmacy Pharmacy
-
Cookeville Medical Clinic RHC Physician
-
Gamini H. Wiyathunge, ANP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.12M
Owner & transaction history
Willow Place Realrty LLC · 17 yrs held
Willow Place Realrty LLC
since 2009
6 recorded transactions
Zoning & alternative use
CM · Cookeville, 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 Cookeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cookeville 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
by Request
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10%
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
$38 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$31,191
Tax year 2022
Assessed value
$947,480
Assessed 2023
Previous assessed
$947,480
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$278,400
Assessed improvement
$669,080
Land market value
$696,000
Improvement market value
$1,672,700
Total market value
$2,368,700
Applied tax rate
71.0000
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
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
10
Total area
29,570 SF
Lot
1.6 ac (69,696 SF)
Zoning code
CM
APN
071053B N 00400
UPID
US80-0821234
Jurisdiction
PUTNAM
Zoning & alternative use
CM · Cookeville, TN
Zoning CM · permitted uses
CM · Cookeville, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cookeville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
10
Lot
1.6 ac
Current owner
From public records · entity-resolved
Willow Place Realrty LLC
Entity
Mailing address
225 N WILLOW AVE, COOKEVILLE, TN 38501-2335
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Feb 7, 2019
—
Willow Place Realty LLC
—
Deed
related
$3,000,000 · Bank Of Putnam Cnty
Jan 13, 2009
—
Willow Place Realrty LLC
Jeferson Avenue Church Of Christ
Quit Claim Deed
related
$2,000,000 · First National Bank Tn
Mar 16, 2005
—
Willow Place Realty LLC
Jain Trust
Quit Claim Deed
related
—
Oct 6, 1995
$650,000
Pushpendra Kumar Jain
Church Of Christ
Grant Deed
—
—
—
Willow Place Realty LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of Putnam Cnty
—
—
Willow Place Realty LLC
—
Deed Of Trust
related
$2,000,000 · Regions 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 225 Willow Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
