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Property profile & analytics
OFF-MARKET
Estimated value
$2,780,000
Medical Office Space
322 Hospital Blvd Jackson, TN 38305-2079
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-0995971
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,780 SF
Lot
1.9 ac (82,764 SF)
Zoning code
B1
APN
057044J A 00100
UPID
US80-0995971
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
-
Cancer Care Center Jackson: Cook Tom MD Physician
-
Dr. Paul D. Koerner, MD Physician Medical Clinic
-
Dr. William D. Permenter, MD Physician
-
Radiation Oncology Associates Medical Clinic Hospital
-
Alice & Carl Kirkland Cancer Center North Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$2.78M
Owner & transaction history
Capital Partners Group · 3 yrs held
Capital Partners Group
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
B1 · Jackson, 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 Jackson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jackson 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
$2,850,000
ML approach
$2,845,000
CAP Approach
CAP Return
Estimation
6%
$3,165,000
6.5%
$2,920,000
7%
$2,710,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,195,000
Current use
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±10% · vs last sale $2.64M (Aug 31 2022)
Last sale anchor
$2.64M
Aug 31 2022
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
$166 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$10,768
Tax year 2022
Assessed value
$908,840
Assessed 2023
Effective rate
1.18%
On assessed value
Assessed land
$142,520
Assessed improvement
$766,320
Land market value
$356,300
Improvement market value
$1,915,800
Total market value
$2,272,100
Applied tax rate
57.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
8
Total area
16,780 SF
Lot
1.9 ac (82,764 SF)
Zoning code
B1
APN
057044J A 00100
UPID
US80-0995971
Jurisdiction
MADISON
Zoning & alternative use
B1 · Jackson, TN
Zoning B1 · permitted uses
B1 · Jackson, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jackson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.2M
MEDICAL BUILDING Current
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
8
Lot
1.9 ac
Current owner
From public records · entity-resolved
Capital Partners Group
Entity
Mailing address
PO BOX 574, DYERSBURG, TN 38025-0574
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$2,639,950
Capital Partners Group
West Tennessee Healthcare
Special Warranty Deed
$3,240,800 · Firstbank
Aug 31, 2022
—
West Tennessee Healthcare INC
Capital Partners Group
Lease
—
Dec 30, 2021
—
West Tennessee Healthcare INC
Permenter Building Investments LLC
Special Warranty Deed
—
Sep 13, 2021
—
The Westg Clinic PLLC
Permenter Building Investments LLC
Lease
—
Feb 6, 2018
—
Permenter Building Invs LLC
Radiation Oncology Assocs INC
Quit Claim Deed
related
—
Sep 25, 2017
—
Radiation Oncology Assocs P C
—
Deed
related
$1,501,612 · Firstbank
Mar 16, 2010
—
Radiation Oncology Assocs PC
—
Trustees Deed
related
$2,100,000 · Firstbank NA
Dec 31, 2007
—
Radiation Oncology Assocs PC
—
Trustees Deed
related
$1,000,000 · Regions Bank
Apr 15, 1993
$117,000
Radiation Oncology Assoc
Unknown
Grant Deed
—
—
—
Radiology Oncology Assocs PC
—
Deed Of Trust
related
$430,000 · Firstbank NA
—
—
Radiation Oncology Assocs P C
—
Loan Modification
related
$1,501,612 · Firstbank
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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