Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Medical Office Space
2565 Rideout Ln Murfreesboro, TN 37128-7752
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2659713
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2020
Construction
FRAME
Total area
4,760 SF
Lot
0.87 ac (37,897 SF)
APN
101C-G-002.00-000
UPID
US80-2659713
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
-
Murfreesboro Oral Surgery and Implant Center Dental Office
-
Murfreesboro Oral Surgery and Implant Center: David W. Spivey DDS Dental Office
-
Ross Fahey Dental Office
-
Ross Harrison Fahey Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$805k
Owner & transaction history
Ronda G Spivey · 6 yrs held
Ronda G Spivey
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+29.4%
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 Murfreesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murfreesboro 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
by Request
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$895,000
7%
$830,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$885,000
Current use
AUTO REPAIR, GARAGE
$1,145,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$865,000
Change: -3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$169 / 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
Assessed value
$600,680
Assessed 2024
Previous assessed
$600,680
+0.0% YoY
Assessed land
$173,120
Assessed improvement
$427,560
Land market value
$432,800
Improvement market value
$1,068,900
Total market value
$1,501,700
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
DENTAL BUILDING
Status
Off-Market
Year built
2020
Construction
FRAME
Heating
HEAT PUMP
Units
1
Bathrooms
2
Total area
4,760 SF
Lot
0.87 ac (37,897 SF)
APN
101C-G-002.00-000
UPID
US80-2659713
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$865,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$805,000
OFFICE BUILDING
Est. value
$770,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
FRAME
Heating
HEAT PUMP
Units
1
Bathrooms
2
Lot
0.87 ac
Current owner
From public records · entity-resolved
Ronda G Spivey
Individual
Free & Clear · 6 yrs held
Mailing address
2268 OAKLEIGH DR, MURFREESBORO, TN 37129-0833
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2020
—
Ronda G Spivey
—
Deed Of Trust
related
$200,000 · Pinnacle Bk
Oct 2, 2019
—
Ronda G Spivey
—
Deed
related
$875,000 · Pinnacle Bank
Sep 5, 2019
$286,800
Ronda G Spivey
Mt Oread Properties LLC
Warranty Deed
—
Mar 29, 2019
$966,250
Mt Oread Properties LLC
Cason Square LLC
Warranty Deed
—
—
—
Ronda G Spivey
—
Deed Of Trust
related
$875,000 · Pinnacle 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 2565 Rideout Ln?
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.
