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Property profile & analytics
OFF-MARKET
Estimated value
$5,245,000
Medical Office Space
2339 Hillsboro Rd Franklin, TN 37069-6242
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1336750
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
FRAME
Total area
16,169 SF
Lot
4.75 ac (206,910 SF)
APN
094027J D 00900
UPID
US80-1336750
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
-
Tad Yoneyama, MD Physician
-
Amy Gandhi, MD Physician
-
Kate Seymour MD Pediatrician Medical Clinic
-
Jonathan Gish, LCSW Foster Care Service Social Service Agency
-
Daniel McGinley, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.33M
CAP Approach
CAP
$3.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.25M
Owner & transaction history
Hmdg Grassland LLC · 3 yrs held
Hmdg Grassland LLC
since 2023
Last sale
$5.0M
4 recorded transactions
Zoning & alternative use
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$6,450,000
ML approach
$6,330,000
CAP Approach
CAP Return
Estimation
6%
$3,730,000
6.5%
$3,440,000
7%
$3,195,000
Blend value · Realmo final
$5.25M
Range $4.72M – $5.77M · ±10% · vs last sale $5.00M (May 1 2023)
Last sale anchor
$5.00M
May 1 2023
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
$324 / 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
$33,293
Tax year 2023
Assessed value
$1,770,880
Assessed 2023
Previous assessed
$1,770,880
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$836,000
Assessed improvement
$934,880
Land market value
$2,090,000
Improvement market value
$2,337,200
Total market value
$4,427,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1998
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
12
Total area
16,169 SF
Lot
4.75 ac (206,910 SF)
APN
094027J D 00900
UPID
US80-1336750
Jurisdiction
WILLIAMSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
12
Lot
4.75 ac
Current owner
From public records · entity-resolved
Hmdg Grassland LLC
Entity
Mailing address
3322 W END AVE STE #800, NASHVILLE, TN 37203-1081
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
$5,000,000
Hmdg Grassland LLC
Williamson County Hospital District
Special Warranty Deed
$4,655,000 · First Horizon Bank
Mar 2, 2020
$54,800
State Of Tennessee
Williamson Cnty Hosp District
Warranty Deed
—
Mar 31, 2014
—
Williamson Cnty Hosp District
Mtm Land Co LLC
Quit Claim Deed
related
—
Mar 31, 2014
$4,075,000
Williamson Cnty Hosp District
Mtm Land Co LLC
Grant Deed
—
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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