Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5003 Crossings Cir Mount Juliet, TN 37122-8567

    • Medical offices
    • 15,244 SF
    • 1.95 lot acres
    OFF-MARKET
    Last Sale
    Jul 22, 2021
    $3,700,000
    Value Estimations
    $3,690,000
    Show details
    Cap Rate Potential
    6%
    Medical offices
    Location Intelligence
    Property ID
    US80-1487347
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Oral Surgery Center / Dentist
    • Mt. Juliet Center for Hyperbaric Medicine / Medical Office
    • Tennessee Sports Medicine: Lindahl Joseph E / Medical Clinic / Physician Assistant
    • Dr. Asha Joseph, MD / Pediatrician
    • Vaughan Hall / Medical Clinic / Family Practice Physician

    Property Details for 5003 Crossings Cir

    Year built
    2008
    Construction
    FRAME
    Lot size
    1.95 lot acres
    Property size
    15,244 SF
    Zone code
    C1
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    096 02112
    APU
    9602112

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,825,000
      ML approach
      $4,135,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,835,000
      6.5%
      $3,540,000
      7%
      $3,285,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,379,000
      Market price range: $1.51M - $6.08M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,890,000
      Current use
      COMMERCIAL (GENERAL)
      $4,070,000
      Change: +5% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mount Juliet
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.5157
    Latitude
    36.167
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,013
    $599,440
    $639,480
    $1,238,920
    -
    $1,498,600
    $1,598,700
    $3,097,300

    Comparable in this City

    • Value Estimation
      $5,945,000
      53,409 SF

      5002 Crossings Cir

      MEDICAL BUILDING • 53,409 SF
      5002 Crossings Cir, Mount Juliet, TN 37122-8471
      View Details
    • Value Estimation
      $2,425,000
      16,461 SF

      540 Pleasant Grv Rd

      MEDICAL BUILDING • 16,461 SF
      540 Pleasant Grv Rd, Mount Juliet, TN 37122-4284
      View Details
    • Value Estimation
      $5,190,000
      7,034 SF

      11090 Lebanon Rd

      MEDICAL BUILDING • 7,034 SF
      11090 Lebanon Rd, Mount Juliet, TN 37122-5525
      View Details
    • Value Estimation
      $2,280,000
      16,836 SF

      108 Providence Trl

      MEDICAL BUILDING • 16,836 SF
      108 Providence Trl, Mount Juliet, TN 37122-6578
      View Details
    • Value Estimation
      $1,405,000
      12,520 SF

      3500 Mount Juliet Rd, Unit A

      MEDICAL BUILDING • 12,520 SF
      3500 Mount Juliet Rd, Mount Juliet, TN 37122-3078
      View Details
    • Value Estimation
      $1,085,000
      5,693 SF

      Hershel Dr

      MEDICAL BUILDING • 5,693 SF
      Hershel Dr, Mount Juliet, TN 37122
      View Details

    Similar Nearby for Sale

    • $3,600,000
      10,500 SF

      Mt. Juliet Medical Office Complex

      High-yield, fully leased medical building.
      1097 Weston Dr, Mt. Juliet, TN 37122
      View Details
    • $405,000
      1,237 SF

      Updated Villa in 55+ Community

      Move-in ready villa with updates in premier 55+ community.
      139 Old Towne Dr, Mount Juliet, TN 37122
      View Details
    • $426,500
      1,342 SF

      Lakeshore Villa in Del Webb

      Move-in ready villa in a premier 55+ active adult community.
      107 Old Towne Dr, Mount Juliet, TN 37122
      View Details
    • $8,000,000
      784,080 SF

      Beckwith Business Park: Prime TN Development Land

      18 Acres, I-40 Frontage, Mixed-Use Potential
      5158 Beckwith Rd, Mt. Juliet, TN 37122
      View Details
    • $650,000
      1,181 SF

      Mt. Juliet Office Space Available

      Commercial office space in prime Mt. Juliet location for sale.
      46 W Caldwell St, Mount Juliet, TN 37122
      View Details
    • $3,600,000
      10,500 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building in a fast-growing Tennessee city.
      1097 Weston Dr, Mount Juliet, TN 37122
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      5,921 SF

      Mt. Juliet Office Space for Lease

      Flexible workspace solutions in prime location.
      145 Bear Xing, Mt. Juliet, TN 37122
      View Details
    • $21 SF/Yr
      23,215 SF

      Caldwell Plaza Medical Office Suite

      Class A Medical Office Space Available in Mt. Juliet, TN
      40 Caldwell St, Mt. Juliet, TN 37122
      View Details
    • $32 SF/Yr
      51,076 SF

      Mt. Juliet Medical Office Space

      Prime Medical Office Building, I-40 Access
      5002 Crossings Cir, Mt. Juliet, TN 37122
      View Details
    • Contact for pricing
      11,337 SF

      Medical Office Space Available

      Medical office building with suites available for lease.
      5000 Crossings Cir, Mount Juliet, TN 37122
      View Details
    • Contact for pricing
      2,444 SF

      New Construction Office Space

      New office space for rent with negotiable tenant improvements.
      3286 N Mount Juliet Rd, Mount Juliet, TN 37122
      View Details
    • $700 /Mo

      Mount Juliet Single-Room Office Space

      Single-room office with private bath, ideal for small business.
      129 Sunset Cir, Mount Juliet, TN 37122
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5003 Crossings Cir
    Mount Juliet, TN 37122-8567
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.