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Property profile & analytics
OFF-MARKET
Medical Office Space
521 Hwy 51st N Ripley, TN 38063-5903
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2724696
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Total area
5,488 SF
Lot
3.58 ac (155,945 SF)
Zoning code
B2
APN
049077 02813
UPID
US80-2724696
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
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
Sj Properties · 9 yrs held
Sj Properties
since 2016
4 recorded transactions
Zoning & alternative use
B2 · Ripley, TN
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 Ripley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ripley 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,640
Tax year 2022
Assessed value
$305,600
Assessed 2023
Previous assessed
$305,600
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$102,960
Assessed improvement
$202,640
Land market value
$257,400
Improvement market value
$506,600
Total market value
$764,000
Applied tax rate
49.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2014
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
4
Total area
5,488 SF
Lot
3.58 ac (155,945 SF)
Zoning code
B2
APN
049077 02813
UPID
US80-2724696
Jurisdiction
LAUDERDALE
Zoning & alternative use
B2 · Ripley, TNZoning B2 · permitted uses
B2 · Ripley, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ripley, TN
Building & site characteristics
From public records
Year built
2014
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
3.58 ac
Current owner
From public records · entity-resolved
Sj Properties
Entity
Free & Clear · 9 yrs held
Mailing address
1445 US HWY 51ST BYP E, DYERSBURG, TN 38024-2127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2016
$464,000
Sj Properties
Mid-south Convenient Care PLLC
Grant Deed
—
Nov 12, 2013
—
Mid-south Convenient Care PLLC
—
Trustees Deed
related
$500,000 · Security Bk
Sep 24, 2013
$156,100
Mid-south Convenient Care PLLC
Mulay,ramakant M
Warranty Deed
—
—
—
Mid-south Convenient Care PLLC
—
Deed Of Trust
related
$500,000 · Prism Investments LLC
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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