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Property profile & analytics
OFF-MARKET
Medical Office Space
514 Brown St Springfield, TN 37172-2919
Individually Owned
Free & Clear
Property ID
US80-0773143
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Total area
6,761 SF
Lot
0.65 ac (28,438 SF)
APN
074080K A 01800
UPID
US80-0773143
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
-
Hometown Insurance Agency Insurance Agency
-
Dr. Allen R. Walker, MD Pediatrician Physician
-
United Group LLC Real Estate Agency
-
Natalie Hall Physician
-
Jillian Garner Physician
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
Joseph Ida
Joseph Ida
since 2026
Last sale
$77,500
7 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
Previous assessed
$195,280
Land market value
$88,800
Improvement market value
$496,200
Total market value
$585,000
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
Off-Market
Year built
1979
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
28
Bathrooms
12
Total area
6,761 SF
Lot
0.65 ac (28,438 SF)
APN
074080K A 01800
UPID
US80-0773143
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
1979
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
28
Bathrooms
12
Lot
0.65 ac
Current owner
From public records · entity-resolved
Joseph Ida
Individual
Free & Clear · 0 yrs held
Mailing address
5509 BUZZARD CRK RD, CEDAR HILL, TN 37032-4744
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
$521,000
Joseph Ida
Kyle Carlisle
Warranty Deed
—
Aug 14, 2025
—
Shannon And Heather Corbin Rlt
Shannon Paul Corbin
Deed
related
—
Feb 14, 2025
—
Steven D Powers
Steve Powers
Quitclaim Deed
related
—
Dec 29, 2023
—
Timothy Wade Corbin
Timothy Wade Corbin
Intrafamily Transfer
related
—
Sep 5, 2023
—
Julia Harper Boyd
Robert O Harper
Intrafamily Transfer
related
—
Mar 17, 2023
$77,500
Brotherly Housing Solutions
Bruce M Head
Warranty Deed
$154,375 · William Wood
Sep 1, 2021
$360,000
Ahmed Albarati
Connie S Melvin
Warranty Deed
—
Jul 27, 2021
—
Darrell L Campbell
Darrell L Campbell
Intrafamily Transfer
related
—
Aug 24, 2020
$460,000
Robertson County
Cm LLC
Grant Deed
—
Jul 18, 2017
—
Palm Dev Partners
—
Trustees Deed
related
$750,000 · F&m Bk
Oct 1, 2015
$385,000
Cm LLC
V & J Ents LLC
Warranty Deed
$54,000 · Private Individual
Sep 8, 2011
—
Johnny D Webb
—
Trustees Deed
related
$9,965,000 · Wilson Bank & Trust
Dec 21, 2004
$1,150,000
A & J Dev LLC
Lee,david W
Grant Deed
$1,156,693 · H T & Jane D Jones
—
—
1194 Port Royal Road Trust
—
Deed Of Trust
related
$41,457 · F & M Bank
—
—
Vernon L Pendley
—
Deed Of Trust
related
$200,000 · Farmers Bank
—
—
Daniel C Smith JR
—
Deed Of Trust
related
$55,851 · Farm Credit Svcs
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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