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2277 West St, Germantown, TN 38138
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Property summary
AI-generated overview
The property consists of a Class B office building in Germantown, Tennessee, located just off Poplar Pike. It provides executive office suites with private office configurations within a quiet, well-maintained office setting. The building is positioned near retail and dining destinations, including The Shops of Saddle Creek, and other nearby retailers. Vehicular access is supported by nearby major thoroughfares with recorded traffic counts of approximately 17,422 AADT on West St and 11,892 AADT on Poplar Pike.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Total area
9,385 SF
Lot
0.41 ac (17,772 SF)
Zoning code
OG
APN
G02-30 - - -00097
UPID
US80-0148038
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
-
Law Firm
-
Law Firm
-
Adoption Agency
-
Hotel & Motel Resort
-
(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.54M
Owner & transaction history
since 2023
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
OG · Germantown, TN
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.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.54M
Value range
$1.39M – $1.69M
±10% around blend
Estimated value / SF
$164 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
$1.39M
blend $1.54M
$1.69M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,385 SF
Lot area
0.41 ac
Year built
1966
Stories
1
APN
G02-30 - - -00097
Zoning
OG
Assessed value
$233,320
Annual tax
$11,813
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.85M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.5 mi away · 9,255 SF
3.6 mi away · 7,040 SF
4.4 mi away · 10,467 SF
6.3 mi away · 7,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.54M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 69 sales
$297
-45%
Submarket 520 sales
$119
+38%
County 632 sales
$120
+37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $164/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
County record
Operating expenses
Not available
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: replacement-cost inputs are not on file.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
9.90%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.90%
9.0%
NOI (est.)
$112k *
Last sale · Aug 2023
$1.60M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.13M
Move the market yield to see immediate price impact.
Value / SF
$121
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
9.40%9.90%10.40%
$101k
$1.07M
$1.02M
$969k
$112k
$1.19M
$1.13M
$1.08M
$123k
$1.31M
$1.24M
$1.18M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$1.45M
0.7 mi · Nov 2025 · $181/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$11,813
Tax year 2022
Assessed value
$233,320
Assessed 2023
Previous assessed
$233,320
+0.0% YoY
Effective rate
5.06%
On assessed value
Assessed land
$56,800
Assessed improvement
$176,520
Land market value
$142,000
Improvement market value
$441,300
Total market value
$583,300
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1966
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
9,385 SF
Lot
0.41 ac (17,772 SF)
Zoning code
OG
APN
G02-30 - - -00097
UPID
US80-0148038
Jurisdiction
SHELBY
Zoning & alternative use
OG · Germantown, TNZoning OG · permitted uses
OG · Germantown, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1966
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.41 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
OG
Jurisdiction
Germantown, TN
Recorded code
OG
Ownership Intelligence
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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
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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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