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Property profile & analytics
OFF-MARKET
Office Spaces
5485 Manchester Hwy Morrison, TN 37357
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-0738797
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1992
Construction
FRAME
Total area
1,813 SF
Lot
2.4 ac (104,544 SF)
APN
089085 04603
UPID
US80-0738797
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
-
Southland Brick & Block Building Supply
-
Morrison Nutrition Restaurant
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
Patel Rameshkumar · 1 yrs held
Patel Rameshkumar
since 2025
Last sale
$247,000
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 Morrison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrison 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
$89,880
Assessed 2023
Previous assessed
$89,880
+0.0% YoY
Assessed land
$17,240
Assessed improvement
$72,640
Land market value
$43,100
Improvement market value
$181,600
Total market value
$224,700
Applied tax rate
89.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
1,813 SF
Lot
2.4 ac (104,544 SF)
APN
089085 04603
UPID
US80-0738797
Jurisdiction
WARREN
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
1992
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
2.4 ac
Current owner
From public records · entity-resolved
Patel Rameshkumar
Individual
Mailing address
25 TODD RD, MC MINNVILLE, TN 37110-7407
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Patel Rameshkumar
Er Construction And Properties LLC
Quitclaim Deed
$149,674 · Homeland Community Bank
Jan 31, 2020
—
Mark Keith
Stephanie Keith
Quit Claim Deed
related
—
Jan 3, 2020
$247,000
Er Const & Prop LLC
Southern Investment Group LLC
Warranty Deed
$197,600 · Homeland Cmnty Bk
May 14, 2019
$200,000
Southern Investment Group LLC
Keith,mark & Stephanie
Warranty Deed
—
Mar 20, 2017
—
Mark Keith
—
Deed
related
$165,000 · Jewell M Hale
Nov 14, 2016
—
Mark Keith
—
Deed
related
$40,000 · Jewell M Hale
May 13, 2016
$125,000
Mark Keith
Hale,jewell M
Warranty Deed
—
Dec 11, 2012
—
Hale,jewell M
Masonry Systems LLC
Grant Deed
related
—
Nov 30, 2012
$80,000
Hale,jewell M
Masonry Systems LLC
Warranty Deed
—
Oct 26, 1989
$102,000
American Trees INC
Unknown
Grant Deed
—
Oct 17, 1989
$97,500
American Trees INC
Unknown,
Grant Deed
—
—
—
Mark Keith
—
Deed Of Trust
related
$40,000 · Jewell M Hale
—
—
Mark Keith
—
Deed Of Trust
related
$165,000 · Jewell M Hale
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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