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Property profile & analytics
OFF-MARKET
Office Spaces
255 Wayne Rd Savannah, TN 38372-1947
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US80-1482724
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1962
Total area
4,625 SF
Lot
1.27 ac (55,217 SF)
Zoning code
B2
APN
036083A G 00500
UPID
US80-1482724
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
-
Pathgroup Medical Clinic
-
Michael Smith, MD Physician
-
iFix phone repair Tech Support Center (Bike/Boat/Book/etc) Store
-
Nicole Wilson Physician
-
Lifespan Health Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gracepoint · 1 yrs held
Gracepoint
since 2025
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
B2 · Savannah, 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 Savannah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savannah 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,190
Tax year 2023
Assessed value
$89,360
Assessed 2023
Previous assessed
$80,280
+11.3% YoY
Effective rate
2.45%
On assessed value
Assessed land
$32,240
Assessed improvement
$57,120
Land market value
$80,600
Improvement market value
$142,800
Total market value
$223,400
Applied tax rate
36.0000
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
1962
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
4,625 SF
Lot
1.27 ac (55,217 SF)
Zoning code
B2
APN
036083A G 00500
UPID
US80-1482724
Jurisdiction
HARDIN
Zoning & alternative use
B2 · Savannah, TNZoning B2 · permitted uses
B2 · Savannah, TN
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
1962
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
1.27 ac
Current owner
From public records · entity-resolved
Gracepoint
Individual
Mailing address
70 BUCKTOWN LOOP, SAVANNAH, TN 38372-7609
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$375,000
Gracepoint
Johnny Smith
Warranty Deed
$275,000 · The Hardin County Bank
Jun 14, 2022
$175,000
Johnny W Smith
Michael L Smith
Warranty Deed
related
—
Nov 16, 2016
—
Michael L Smith
Smith,janice
Quit Claim Deed
related
—
Mar 14, 2013
—
Michael L Smith
—
Trustees Deed
related
$70,000 · Home Bkng
—
—
Michael L Smith
—
Deed Of Trust
related
$136,000 · Home Bkng
—
—
Michael L Smith
—
Deed Of Trust
related
$155,000 · Home Bkng
—
—
Michael L Smith
—
Deed Of Trust
related
$124,000 · Home Bkng
—
—
Michael L Smith
—
Deed Of Trust
related
$24,900 · Home Bkng
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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