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Property profile & analytics
OFF-MARKET
Medical Office Space
553 Commerce St Lewisburg, TN 37091-3219
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US80-1280060
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Total area
4,576 SF
Lot
0.3 ac (13,068 SF)
APN
059064P C 00200
UPID
US80-1280060
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
-
Southern Smiles Of Lewisburg Dental Office
-
Southern Smiles of Lewisburg : Dr. Brent Lee and Dr. Leah Lee Dental Office
-
Cartwright Judi Dental Office
-
Bethune Leslie Dental Office
-
Mc Cormack April Dental Office
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
Southern Management Group LLC · 10 yrs held
Southern Management Group LLC
since 2016
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 Lewisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewisburg 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 2021Property tax & assessments
Tax year 2021
Tax billed
$7,486
Tax year 2021
Assessed value
$161,960
Assessed 2023
Previous assessed
$161,960
+0.0% YoY
Effective rate
4.62%
On assessed value
Assessed land
$15,640
Assessed improvement
$146,320
Land market value
$39,100
Improvement market value
$365,800
Total market value
$404,900
Applied tax rate
59.0000
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
1992
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
12
Bathrooms
7
Total area
4,576 SF
Lot
0.3 ac (13,068 SF)
APN
059064P C 00200
UPID
US80-1280060
Jurisdiction
MARSHALL
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
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
12
Bathrooms
7
Lot
0.3 ac
Current owner
From public records · entity-resolved
Southern Management Group LLC
Entity
Mailing address
553 W COMMERCE ST, LEWISBURG, TN 37091-3219
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2016
$393,000
Southern Management Group LLC
Rector,susan B
Warranty Deed
$1,400,000 · Republic Bk&tr
Jun 26, 1990
$30,000
P Laray Rector
Unknown
Grant Deed
—
Jun 27, 1988
$22,500
Jack L Milligan
Unknown,
Grant Deed
—
—
—
P Laray Rector
—
Deed Of Trust
related
$227,385 · First Commerce Bank
—
—
P Laray Rector
—
Deed Of Trust
related
$354,374 · First Commerce Bank
—
—
P Laray Rector
—
Deed Of Trust
related
$190,000 · First Farmers & Merchants Bank
—
—
P Laray Rector
—
Deed Of Trust
related
$263,622 · First Commerce Bank
—
—
Rector P L
—
Deed Of Trust
related
$62,000 · Amsouth 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.
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