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Property profile & analytics
OFF-MARKET
Medical Office Space
507 Atlantic St Tullahoma, TN 37388-3515
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-0995503
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Total area
2,730 SF
Lot
0.41 ac (18,000 SF)
Zoning code
C1
APN
016124J E 00500
UPID
US80-0995503
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
-
HearWell Medical Clinic
-
Aubrey Cawthon Physician
-
Canonico Ear, Nose and Throat, P.C. Medical Clinic
-
Dr. Robin Baker Physician
-
Ear Nose & Throat Associates Of Middle Tennessee Medical Clinic
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
Robin M Baker · 10 yrs held
Robin M Baker
since 2015
6 recorded transactions
Zoning & alternative use
C1 · Tullahoma, 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 Tullahoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tullahoma 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,951
Tax year 2023
Assessed value
$98,560
Assessed 2023
Previous assessed
$98,560
+0.0% YoY
Effective rate
4.01%
On assessed value
Assessed land
$21,800
Assessed improvement
$76,760
Land market value
$54,500
Improvement market value
$191,900
Total market value
$246,400
Applied tax rate
16.0000
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
1977
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
4
Total area
2,730 SF
Lot
0.41 ac (18,000 SF)
Zoning code
C1
APN
016124J E 00500
UPID
US80-0995503
Jurisdiction
COFFEE
Zoning & alternative use
C1 · Tullahoma, TN
Zoning C1 · permitted uses
C1 · Tullahoma, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tullahoma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
0.41 ac
Current owner
From public records · entity-resolved
Robin M Baker
Individual
Mailing address
307 HILLCREST DR, TULLAHOMA, TN 37388-4135
Ownership since
2015
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
Nov 23, 2015
$120,000
Robin M Baker
Canonico,domenic M
Warranty Deed
$70,000 · Matlock Larry V Tr (pt)
Aug 3, 2015
—
Domenic M Canonico
Domenic Michael Canonico Fam
Quit Claim Deed
related
—
Jun 24, 2002
—
Domenic M Canonico
Canonico,toni M
Quit Claim Deed
related
—
Sep 5, 1997
$140,000
Toni M Canonico
—
Grant Deed
related
—
Jun 19, 1991
$86,500
Robert W Ridley
Unknown
Grant Deed
—
—
—
Domenic M Canonico
—
Deed Of Trust
related
$125,000 · Traders 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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