Back to Search
Property profile & analytics
FOR SALE
Medical Office Space
505 Hill St Springfield, TN 37172
Entity Owned
Free & Clear
Property ID
US80-2007206
For Sale
1 / 24
$299,900
505 Hill St, Springfield, TN 37172
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Total area
1,845 SF
Lot
0.21 ac (9,102 SF)
APN
074080J C 05300
UPID
US80-2007206
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
-
Mid-Cumberland Community Action Agency Charitable Organization Social Service Agency
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
Woodbine Properties LLC
Woodbine Properties LLC
since 2025
Last sale
$250,000
6 recorded transactions
Zoning & alternative use
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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
Property tax & assessments
Assessed value
$74,760
Assessed 2023
Previous assessed
$61,680
+21.2% YoY
Assessed land
$17,520
Assessed improvement
$57,240
Land market value
$43,800
Improvement market value
$143,100
Total market value
$186,900
Applied tax rate
74.0000
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
For Sale
Year built
1966
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
1,845 SF
Lot
0.21 ac (9,102 SF)
APN
074080J C 05300
UPID
US80-2007206
Jurisdiction
ROBERTSON
Zoning & alternative use
Zoning · permitted uses
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
1966
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Woodbine Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4260 DOT RD, SPRINGFIELD, TN 37172-1580
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2026
—
Woodbine Properties LLC
—
Deed
related
$240,000 · Legends Bank
Sep 3, 2025
$250,000
Woodbine Properties LLC
Keith W Abrams
Warranty Deed
—
Sep 4, 2018
$159,900
Keith W Abrams
Dunn,carol A J & Barry
Warranty Deed
—
Jun 1, 2009
—
Carol A Jenkins
—
Trustees Deed
related
$32,207 · F & M Bank
Sep 30, 1992
$84,000
Kirkland C Shearon
Unknown
Grant Deed
—
—
—
Carol A Jenkins
—
Deed Of Trust
related
$65,400 · F & M Bank
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?”
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.
