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Property profile & analytics
FOR SALE
Medical Office Space
314 Bluebird Dr Goodlettsville, TN 37072
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US80-0047385
For Sale
1 / 2
Contact for pricing
314 Bluebird Dr, Goodlettsville, TN 37072
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1957
Total area
6,925 SF
Lot
0.8 ac (34,848 SF)
Zoning code
6ZZ
APN
034-02-0-006-00
UPID
US80-0047385
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
-
Bracey Susan Physician
-
Anderson James P MD Physician Medical Clinic
-
Burch Christina M MD Physician Medical Clinic
-
Affiliated Neurologists Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$1.10M
Owner & transaction history
Blue Bird Investments LLC · 19 yrs held
Blue Bird Investments LLC
since 2006
3 recorded transactions
Zoning & alternative use
6ZZ · Goodlettsville, 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 Goodlettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goodlettsville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,765,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±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
$159 / 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
$9,835
Tax year 2023
Assessed value
$336,600
Assessed 2023
Previous assessed
$336,600
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$62,720
Assessed improvement
$273,880
Land market value
$156,800
Improvement market value
$684,700
Total market value
$841,500
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
For Sale
Year built
1957
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
6,925 SF
Lot
0.8 ac (34,848 SF)
Zoning code
6ZZ
APN
034-02-0-006-00
UPID
US80-0047385
Jurisdiction
DAVIDSON
Zoning & alternative use
6ZZ · Goodlettsville, TNZoning 6ZZ · permitted uses
6ZZ · Goodlettsville, TN
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
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
1957
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Blue Bird Investments LLC
Entity
Mailing address
314 BLUEBIRD DR, GOODLETTSVILLE, TN 37072-2304
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2006
$950,000
Blue Bird Investments LLC
Hickory Place LLC
Warranty Deed
$950,000 · First Citizens Bank & Trust Co
Feb 1, 2002
$547,500
Hickory Place LLC
Office Leasing Partnership
Grant Deed
$627,500 · Union Planters National Bank
—
—
Blue Bird Investments LLC
—
Deed Of Trust
related
$756,966 · Private Lender
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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